Analysts Set Harley-Davidson, Inc. (NYSE:HOG) Price Target at $25.86

Harley-Davidson, Inc. (NYSE:HOG) has been given a consensus rating of “Hold” by the eight analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $25.8571.

Several analysts recently weighed in on the company. Loop Capital began coverage on Harley-Davidson in a report on Tuesday, November 25th. They set a “hold” rating and a $21.00 price target for the company. Zacks Research raised shares of Harley-Davidson from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. DA Davidson decreased their price target on Harley-Davidson from $34.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Harley-Davidson in a report on Thursday, January 22nd. Finally, UBS Group reduced their price objective on Harley-Davidson from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th.

Harley-Davidson Trading Up 2.0%

Shares of Harley-Davidson stock opened at $20.50 on Thursday. The business has a fifty day simple moving average of $21.13 and a two-hundred day simple moving average of $24.83. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.51 and a quick ratio of 2.36. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of 4.98, a P/E/G ratio of 0.51 and a beta of 1.39. Harley-Davidson has a 1 year low of $19.33 and a 1 year high of $31.25.

Harley-Davidson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Tuesday, December 9th were paid a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, December 9th. This represents a $0.72 annualized dividend and a dividend yield of 3.5%. Harley-Davidson’s payout ratio is currently 17.48%.

Institutional Trading of Harley-Davidson

Several institutional investors have recently added to or reduced their stakes in HOG. EverSource Wealth Advisors LLC boosted its position in Harley-Davidson by 139.0% during the third quarter. EverSource Wealth Advisors LLC now owns 944 shares of the company’s stock valued at $26,000 after acquiring an additional 549 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Harley-Davidson by 48.9% in the 4th quarter. Fifth Third Bancorp now owns 1,764 shares of the company’s stock worth $36,000 after acquiring an additional 579 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Harley-Davidson by 153.8% in the first quarter. Geneos Wealth Management Inc. now owns 2,109 shares of the company’s stock worth $53,000 after purchasing an additional 1,278 shares during the last quarter. Westfuller Advisors LLC purchased a new stake in Harley-Davidson in the 3rd quarter valued at $67,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Harley-Davidson by 37.4% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,900 shares of the company’s stock valued at $68,000 after purchasing an additional 790 shares during the last quarter. 85.10% of the stock is currently owned by institutional investors.

Harley-Davidson Company Profile

Harley-Davidson, Inc is a renowned American motorcycle manufacturer best known for its heavyweight cruiser and touring bikes. Founded in 1903 in Milwaukee, Wisconsin, the company has built a strong reputation for producing distinctive motorcycles characterized by their signature V-twin engines, chrome finishes and robust frames. Harley-Davidson markets its products globally through a network of franchised dealerships and focuses on delivering an immersive brand experience to its customers, emphasizing lifestyle and community alongside its motorcycles.

In addition to its core motorcycle business, Harley-Davidson offers an extensive range of parts, accessories and apparel under its Genuine Motor Parts & Accessories and MotorClothes lines.