Eagle Asset Management Inc. Has $595,000 Stock Position in Honda Motor Co., Ltd. (NYSE:HMC) (2024)

Posted by Defense World Staff on Jun 6th, 2024

Eagle Asset Management Inc. cut its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC – Free Report) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,249 shares of the company’s stock after selling 831 shares during the period. Eagle Asset Management Inc.’s holdings in Honda Motor were worth $595,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC raised its position in shares of Honda Motor by 1.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 18,082 shares of the company’s stock valued at $608,000 after acquiring an additional 315 shares during the period. Atria Wealth Solutions Inc. boosted its position in shares of Honda Motor by 1.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 20,162 shares of the company’s stock worth $623,000 after purchasing an additional 326 shares in the last quarter. Lodestone Wealth Management LLC boosted its position in shares of Honda Motor by 5.9% during the fourth quarter. Lodestone Wealth Management LLC now owns 6,778 shares of the company’s stock worth $210,000 after purchasing an additional 375 shares in the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of Honda Motor by 1.0% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 40,601 shares of the company’s stock valued at $1,366,000 after buying an additional 414 shares during the period. Finally, Lester Murray Antman dba SimplyRich increased its position in shares of Honda Motor by 1.4% in the 4th quarter. Lester Murray Antman dba SimplyRich now owns 32,433 shares of the company’s stock valued at $1,003,000 after buying an additional 452 shares in the last quarter. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Down 1.0 %

HMC stock opened at $32.40 on Thursday. Honda Motor Co., Ltd. has a 1-year low of $29.05 and a 1-year high of $37.90. The business’s 50-day moving average price is $34.52 and its two-hundred day moving average price is $33.58. The company has a current ratio of 1.43, a quick ratio of 1.13 and a debt-to-equity ratio of 0.47.

Honda Motor (NYSE:HMC – Get Free Report) last issued its quarterly earnings data on Friday, May 10th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.55. The business had revenue of $36.56 billion during the quarter, compared to analyst estimates of $37.96 billion. Honda Motor had a return on equity of 8.79% and a net margin of 5.46%. On average, research analysts expect that Honda Motor Co., Ltd. will post 4.36 earnings per share for the current year.

Honda Motor Company Profile

(Free Report)

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.