Natixis Advisors LLC Sells 39,535 Shares of Honda Motor Co., Ltd. $HMC

Natixis Advisors LLC decreased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 19.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 161,906 shares of the company’s stock after selling 39,535 shares during the quarter. Natixis Advisors LLC’s holdings in Honda Motor were worth $4,773,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Cogent Private Wealth Inc. bought a new stake in shares of Honda Motor in the 4th quarter valued at approximately $1,201,000. IPG Investment Advisors LLC grew its holdings in Honda Motor by 28.6% during the fourth quarter. IPG Investment Advisors LLC now owns 18,155 shares of the company’s stock valued at $535,000 after purchasing an additional 4,033 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in Honda Motor by 16.6% during the fourth quarter. Bleakley Financial Group LLC now owns 26,336 shares of the company’s stock valued at $776,000 after purchasing an additional 3,757 shares during the last quarter. Harbour Investments Inc. grew its holdings in Honda Motor by 5.8% during the fourth quarter. Harbour Investments Inc. now owns 7,265 shares of the company’s stock valued at $214,000 after purchasing an additional 400 shares during the last quarter. Finally, Plan A Wealth LLC grew its holdings in Honda Motor by 5.3% during the fourth quarter. Plan A Wealth LLC now owns 20,179 shares of the company’s stock valued at $595,000 after purchasing an additional 1,024 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Up 1.1%

HMC opened at $26.99 on Tuesday. Honda Motor Co., Ltd. has a 1-year low of $23.25 and a 1-year 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. The stock has a market capitalization of $42.12 billion, a price-to-earnings ratio of -14.13, a P/E/G ratio of 21.29 and a beta of 0.44. The business has a 50 day moving average of $25.10 and a 200-day moving average of $27.96.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($4.24) earnings per share for the quarter, beating the consensus estimate of ($5.74) by $1.50. Honda Motor had a negative return on equity of 3.07% and a negative net margin of 1.75%.The company had revenue of $36.81 billion during the quarter, compared to analysts’ expectations of $32.99 billion. Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. As a group, sell-side analysts anticipate that Honda Motor Co., Ltd. will post 0.2 earnings per share for the current year.

Analyst Ratings Changes

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

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.