Total Clarity Wealth Management Inc. Invests $482,000 in Honda Motor Co., Ltd. $HMC

Total Clarity Wealth Management Inc. acquired a new position in Honda Motor Co., Ltd. (NYSE:HMC) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 19,836 shares of the company’s stock, valued at approximately $482,000.

Several other large investors also recently added to or reduced their stakes in HMC. Caitong International Asset Management Co. Ltd purchased a new position in Honda Motor during the third quarter worth about $26,000. WealthCollab LLC raised its holdings in shares of Honda Motor by 66.2% in the 2nd quarter. WealthCollab LLC now owns 916 shares of the company’s stock valued at $26,000 after acquiring an additional 365 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new stake in shares of Honda Motor in the 2nd quarter valued at about $29,000. Sound Income Strategies LLC bought a new stake in shares of Honda Motor during the 4th quarter valued at about $33,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Honda Motor during the fourth quarter worth about $32,000. Institutional investors own 5.32% of the company’s stock.

Honda Motor Trading Down 1.5%

HMC stock opened at $25.59 on Wednesday. The company has a market capitalization of $39.94 billion, a PE ratio of -13.40, a price-to-earnings-growth ratio of 4.47 and a beta of 0.44. Honda Motor Co., Ltd. has a one year low of $23.25 and a one year high of $34.89. The company’s 50 day moving average price is $25.61 and its two-hundred day moving average price is $27.71. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 1.28.

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on HMC. Zacks Research upgraded shares of Honda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. Morgan Stanley cut shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 11th. Weiss Ratings lowered shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, June 3rd. Finally, Wall Street Zen upgraded shares of Honda Motor from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Honda Motor presently has an average rating of “Hold” 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.