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

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

Several other institutional investors have also bought and sold shares of HMC. Royal Bank of Canada raised its stake in shares of Honda Motor by 8.6% in the first quarter. Royal Bank of Canada now owns 285,203 shares of the company’s stock valued at $7,737,000 after buying an additional 22,479 shares during the period. AQR Capital Management LLC grew its stake in shares of Honda Motor by 29.5% during the 1st quarter. AQR Capital Management LLC now owns 39,558 shares of the company’s stock worth $1,073,000 after acquiring an additional 9,001 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of Honda Motor by 5.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 8,552 shares of the company’s stock worth $232,000 after acquiring an additional 468 shares during the period. Millennium Management LLC increased its holdings in Honda Motor by 41.4% in the 1st quarter. Millennium Management LLC now owns 342,491 shares of the company’s stock worth $9,292,000 after acquiring an additional 100,330 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Honda Motor by 121.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,119 shares of the company’s stock valued at $57,000 after acquiring an additional 1,161 shares during the period. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Performance

Shares of HMC opened at $25.59 on Wednesday. The stock’s 50-day simple moving average is $25.61 and its 200 day simple moving average is $27.71. The stock has a market capitalization of $39.94 billion, a price-to-earnings ratio of -13.40, a price-to-earnings-growth ratio of 4.47 and a beta of 0.44. 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 Co., Ltd. has a 52-week low of $23.25 and a 52-week high of $34.89.

Honda Motor (NYSE:HMC) last posted its earnings results on Thursday, May 14th. The company reported ($4.24) earnings per share for the quarter, beating analysts’ consensus estimates 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 business 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. Research analysts forecast that Honda Motor Co., Ltd. will post 0.93 EPS for the current fiscal year.

Analyst Ratings Changes

HMC has been the topic of several recent research reports. Zacks Research raised shares of Honda Motor from a “strong sell” rating to a “hold” rating in a report on Friday, June 19th. Weiss Ratings lowered shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd. Morgan Stanley lowered shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 11th. Finally, Wall Street Zen upgraded shares of Honda Motor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus 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.