O Shaughnessy Asset Management LLC Increases Stock Position in Honda Motor Co., Ltd. $HMC

O Shaughnessy Asset Management LLC boosted its stake in Honda Motor Co., Ltd. (NYSE:HMC) by 21.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 396,440 shares of the company’s stock after acquiring an additional 70,289 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Honda Motor were worth $11,687,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fisher Asset Management LLC lifted its position in Honda Motor by 2.0% in the third quarter. Fisher Asset Management LLC now owns 10,572,505 shares of the company’s stock valued at $325,633,000 after acquiring an additional 205,016 shares during the last quarter. Mondrian Investment Partners LTD purchased a new stake in Honda Motor in the third quarter valued at $136,637,000. Bank of America Corp DE lifted its position in Honda Motor by 34.8% in the third quarter. Bank of America Corp DE now owns 4,200,280 shares of the company’s stock valued at $129,369,000 after acquiring an additional 1,083,245 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Honda Motor by 18.6% in the third quarter. American Century Companies Inc. now owns 705,318 shares of the company’s stock valued at $21,724,000 after buying an additional 110,421 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Honda Motor by 11.3% in the third quarter. Raymond James Financial Inc. now owns 514,818 shares of the company’s stock valued at $15,856,000 after buying an additional 52,267 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Trading Down 1.0%

Shares of Honda Motor stock opened at $26.70 on Wednesday. Honda Motor Co., Ltd. has a 52-week low of $23.25 and a 52-week high of $34.89. The company has a quick ratio of 1.03, a current ratio of 1.28 and a debt-to-equity ratio of 0.70. The company’s 50-day simple moving average is $25.15 and its 200-day simple moving average is $27.94. The firm has a market cap of $41.67 billion, a price-to-earnings ratio of -13.98, a price-to-earnings-growth ratio of 4.64 and a beta of 0.44.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($4.24) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($5.74) by $1.50. Honda Motor had a negative net margin of 1.75% and a negative return on equity of 3.07%. The business had revenue of $36.81 billion for the quarter, compared to analyst estimates of $32.99 billion. Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. As a group, equities research analysts anticipate that Honda Motor Co., Ltd. will post 0.93 earnings per share for the current year.

Analyst Ratings Changes

HMC has been the subject of a number of research reports. Weiss Ratings cut shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, June 3rd. Morgan Stanley cut shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 11th. BNP Paribas Exane initiated coverage on shares of Honda Motor in a report on Thursday, February 12th. They issued an “underperform” rating and a $25.00 target price for the company. Wall Street Zen raised shares of Honda Motor from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Zacks Research cut shares of Honda Motor from a “hold” rating to a “strong sell” rating in a report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $25.00.

Honda Motor 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.