JPMorgan Chase & Co. Has $10.60 Million Stake in Honda Motor Co., Ltd. $HMC

JPMorgan Chase & Co. boosted its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 189.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 344,038 shares of the company’s stock after purchasing an additional 225,140 shares during the period. JPMorgan Chase & Co.’s holdings in Honda Motor were worth $10,596,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of HMC. PNC Financial Services Group Inc. boosted its position in shares of Honda Motor by 16.5% in the third quarter. PNC Financial Services Group Inc. now owns 55,459 shares of the company’s stock worth $1,708,000 after buying an additional 7,855 shares during the period. HighTower Advisors LLC lifted its stake in Honda Motor by 10.4% in the 3rd quarter. HighTower Advisors LLC now owns 67,001 shares of the company’s stock worth $2,064,000 after acquiring an additional 6,310 shares in the last quarter. BTC Capital Management Inc. boosted its position in Honda Motor by 2.5% during the 3rd quarter. BTC Capital Management Inc. now owns 46,228 shares of the company’s stock worth $1,423,000 after acquiring an additional 1,147 shares during the period. Naviter Wealth LLC grew its stake in Honda Motor by 3.0% during the 3rd quarter. Naviter Wealth LLC now owns 39,589 shares of the company’s stock valued at $1,219,000 after acquiring an additional 1,167 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in shares of Honda Motor by 1.6% in the 3rd quarter. Assetmark Inc. now owns 231,373 shares of the company’s stock valued at $7,126,000 after purchasing an additional 3,651 shares during the period. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Price Performance

NYSE HMC opened at $27.45 on Friday. 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 stock has a market capitalization of $42.85 billion, a PE ratio of 10.94, a price-to-earnings-growth ratio of 1.57 and a beta of 0.37. Honda Motor Co., Ltd. has a 12-month low of $24.56 and a 12-month high of $34.89. The company has a 50 day moving average price of $30.39 and a two-hundred day moving average price of $31.14.

Honda Motor (NYSE:HMC) last released 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 business 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 analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

About Honda Motor

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.