Morgan Stanley Downgrades Honda Motor (NYSE:HMC) to Equal Weight

Honda Motor (NYSE:HMC) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued on Wednesday, MarketBeat Ratings reports.

Several other brokerages have also issued reports on HMC. BNP Paribas Exane started coverage on shares of Honda Motor in a research note on Thursday, February 12th. They set an “underperform” rating and a $25.00 price target for the company. Nomura raised Honda Motor to a “strong-buy” rating in a research note on Tuesday, December 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Honda Motor in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $25.00.

Honda Motor Price Performance

Shares of NYSE:HMC traded down $0.40 during midday trading on Wednesday, hitting $27.50. The stock had a trading volume of 1,195,105 shares, compared to its average volume of 1,213,299. Honda Motor has a fifty-two week low of $24.56 and a fifty-two week high of $34.89. The company has a market capitalization of $42.92 billion, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 1.53 and a beta of 0.37. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.65. The company’s 50-day moving average price is $30.27 and its 200-day moving average price is $30.96.

Honda Motor (NYSE:HMC) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.24. Honda Motor had a net margin of 2.34% and a return on equity of 4.01%. The company had revenue of $34.65 billion for the quarter, compared to the consensus estimate of $33.34 billion. Honda Motor has set its FY 2026 guidance at 1.462-1.462 EPS. As a group, equities research analysts predict that Honda Motor will post 3.99 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Valeo Financial Advisors LLC increased its holdings in shares of Honda Motor by 3.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 9,002 shares of the company’s stock worth $260,000 after buying an additional 301 shares during the last quarter. Advisory Services Network LLC grew its position in Honda Motor by 1.3% in the second quarter. Advisory Services Network LLC now owns 25,183 shares of the company’s stock worth $787,000 after acquiring an additional 329 shares in the last quarter. Checchi Capital Advisers LLC grew its position in Honda Motor by 4.0% in the third quarter. Checchi Capital Advisers LLC now owns 9,107 shares of the company’s stock worth $280,000 after acquiring an additional 348 shares in the last quarter. WealthCollab LLC increased its stake in Honda Motor by 66.2% during the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock worth $26,000 after acquiring an additional 365 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its position in Honda Motor by 6.6% during the fourth quarter. Rosenberg Matthew Hamilton now owns 6,052 shares of the company’s stock valued at $178,000 after purchasing an additional 376 shares during the period. 5.32% of the stock is owned by institutional investors.

Honda Motor Company Profile

Honda Motor Co, Ltd. is a global manufacturer and mobility company headquartered in Minato, Tokyo, Japan, founded in 1948 by Soichiro Honda and Takeo Fujisawa. The company’s core businesses include the design, manufacture and sale of automobiles and motorcycles, along with a diverse portfolio of power products, engines and related components. Honda also operates in aviation through Honda Aircraft Company and offers financial services that support vehicle sales and leasing.

In automobiles, Honda is known for a range of passenger cars, crossovers and light trucks, and in motorcycles it is one of the world’s leading producers by volume and model breadth.