Allworth Financial LP grew its position in shares of Ford Motor Company (NYSE:F – Free Report) by 15.5% in the 4th quarter, HoldingsChannel reports. The firm owned 574,550 shares of the auto manufacturer’s stock after acquiring an additional 76,987 shares during the quarter. Allworth Financial LP’s holdings in Ford Motor were worth $7,538,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Ford Motor by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after acquiring an additional 4,087,699 shares during the last quarter. Marshall Wace LLP raised its position in Ford Motor by 81.1% in the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after purchasing an additional 15,866,285 shares during the period. Invesco Ltd. lifted its stake in Ford Motor by 4.7% in the third quarter. Invesco Ltd. now owns 35,390,868 shares of the auto manufacturer’s stock worth $423,275,000 after purchasing an additional 1,597,841 shares during the last quarter. DLD Asset Management LP purchased a new stake in Ford Motor during the third quarter valued at about $299,000,000. Finally, Jacobs Levy Equity Management Inc. boosted its position in Ford Motor by 190.7% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock valued at $131,641,000 after buying an additional 7,220,686 shares during the period. 58.74% of the stock is currently owned by institutional investors.
Insider Activity at Ford Motor
In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was acquired at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the transaction, the insider owned 3,912,600 shares in the company, valued at $54,072,132. This represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.63% of the company’s stock.
Key Ford Motor News
- Positive Sentiment: Ford’s recent rally was driven by enthusiasm over its positioning in the energy storage market, which some analysts view as a potentially high-growth opportunity and a reason the stock surged sharply earlier in the week.
- Positive Sentiment: The stock remains a trending name with heavy investor attention, which can help sustain trading momentum if sentiment around the company’s strategy stays positive. Ford Motor Company (F) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Royal Bank of Canada reaffirmed its sector perform rating and set a $13 price target, implying limited upside from current levels and reinforcing a more cautious stance. Ford Motor had its sector perform rating reaffirmed by Royal Bank Of Canada
- Neutral Sentiment: Coverage highlighting Ford as one of the top dividend alternatives to low-yielding bonds and cash-like investments may support the stock for income-focused investors, but it is not a direct catalyst. The S&P 500 Barely Yields 2%. These 3 Dividend Stocks Under $30 Are Doing Much Better Than That
- Negative Sentiment: Ford is giving back part of this week’s big gains, with traders likely taking profits after the stock’s rapid move higher.
- Negative Sentiment: Broader concerns about the auto industry, including more than 20,000 U.S. salaried job cuts at Detroit automakers amid AI-related disruption, may add to investor caution around Ford. Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
- Negative Sentiment: Short-term trading commentary now frames Ford’s surge as potentially overextended, with some articles suggesting the rally may be running out of steam. Stock Of The Day: Where Will The Ford Rally End?
Ford Motor Stock Down 7.6%
NYSE:F opened at $13.39 on Friday. The firm has a market cap of $53.34 billion, a P/E ratio of -8.64, a P/E/G ratio of 0.32 and a beta of 1.65. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. Ford Motor Company has a fifty-two week low of $9.88 and a fifty-two week high of $14.94. The firm has a 50-day simple moving average of $12.15 and a two-hundred day simple moving average of $13.01.
Ford Motor (NYSE:F – Get Free Report) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.48. The firm had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.14 earnings per share. Analysts predict that Ford Motor Company will post 1.6 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.5%. The ex-dividend date is Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.
Analyst Upgrades and Downgrades
Several research firms have recently commented on F. JPMorgan Chase & Co. lifted their price objective on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. TD Cowen reduced their price target on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Citigroup decreased their price target on Ford Motor from $13.50 to $13.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. UBS Group lowered their price objective on Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Finally, Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $13.56.
Read Our Latest Stock Report on Ford Motor
Ford Motor Profile
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
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