LFG Wealth Partners LLC Invests $1.45 Million in Honda Motor Co., Ltd. $HMC

LFG Wealth Partners LLC acquired a new stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 49,126 shares of the company’s stock, valued at approximately $1,448,000.

A number of other hedge funds also recently made changes to their positions in the stock. WealthCollab LLC increased its stake in Honda Motor by 66.2% in the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock valued at $26,000 after acquiring an additional 365 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Honda Motor during the third quarter worth about $26,000. Newbridge Financial Services Group Inc. bought a new stake in Honda Motor during the second quarter worth about $29,000. Lodestone Wealth Management LLC purchased a new position in shares of Honda Motor in the 4th quarter worth about $32,000. Finally, Sound Income Strategies LLC bought a new position in shares of Honda Motor during the 4th quarter valued at about $33,000. 5.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HMC shares. Weiss Ratings cut Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 3rd. Wall Street Zen raised Honda Motor from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Morgan Stanley lowered Honda Motor from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 11th. Finally, Zacks Research downgraded Honda Motor from a “hold” rating to a “strong sell” rating in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $25.00.

Honda Motor Stock Performance

HMC stock opened at $26.97 on Tuesday. The stock has a market capitalization of $42.09 billion, a PE ratio of -14.12, a price-to-earnings-growth ratio of 4.55 and a beta of 0.44. The stock’s 50 day simple moving average is $25.35 and its 200 day simple moving average is $27.86. Honda Motor Co., Ltd. has a 12-month low of $23.25 and a 12-month high of $34.89. The company has a current ratio of 1.28, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70.

Honda Motor (NYSE:HMC) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($4.24) 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 firm had revenue of $36.81 billion during 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, research analysts forecast that Honda Motor Co., Ltd. will post 0.93 earnings per share for the current fiscal year.

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.