International Assets Investment Management LLC cut its holdings in shares of Ford Motor Company (NYSE:F – Free Report) by 61.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,710 shares of the auto manufacturer’s stock after selling 107,916 shares during the period. International Assets Investment Management LLC’s holdings in Ford Motor were worth $817,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Ninety One UK Ltd bought a new stake in shares of Ford Motor in the third quarter worth about $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Ford Motor in the 2nd quarter valued at approximately $31,000. Legacy Wealth Managment LLC ID increased its stake in Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,230 shares in the last quarter. Cedar Mountain Advisors LLC raised its holdings in Ford Motor by 58.1% during the 1st quarter. Cedar Mountain Advisors LLC now owns 2,940 shares of the auto manufacturer’s stock worth $34,000 after buying an additional 1,080 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Ford Motor in the third quarter valued at approximately $36,000. 58.74% of the stock is owned by institutional investors and hedge funds.
Ford Motor Stock Up 3.0%
Ford Motor stock opened at $12.69 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.94 and a debt-to-equity ratio of 2.97. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78. The company has a fifty day simple moving average of $12.80 and a 200 day simple moving average of $13.34. The company has a market cap of $50.58 billion, a P/E ratio of 7.24, a price-to-earnings-growth ratio of 0.23 and a beta of 1.88.
Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.08. Ford Motor had a negative net margin of 4.17% and a positive return on equity of 18.89%. The company had revenue of $49.53 billion during the quarter, compared to the consensus estimate of $49.08 billion. During the same period in the prior year, the business posted $0.45 EPS. The company’s quarterly revenue was down 2.0% on a year-over-year basis. Research analysts anticipate that Ford Motor Company will post 1.90 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be given a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.7%. Ford Motor’s payout ratio is currently -30.46%.
Key Ford Motor News
Here are the key news stories impacting Ford Motor this week:
- Positive Sentiment: Higher-margin demand is a bright spot: combined sales of Tremor and Platinum trims rose nearly 60% through September. Ford also reported a 40% year-over-year increase in active subscriptions and record quarterly software and services revenue. Ford’s Q3 Sales Slipped. Here’s the Silver Lining: Customers Are Splurging on Fancy Trims. Ford’s Next Growth Engine Could Already Be in Your Driveway
- Positive Sentiment: Ford says cost reductions, disciplined production and improved pricing are helping narrow Model e losses. Its conventional Ford Blue business also has support from truck and SUV demand, cost savings and a nine-month EBIT increase. Will Ford’s Gen-1 Cost Reductions Drive Further Model e Improvements? Can Ford Blue Achieve Its $5.5 Billion EBIT Target in 2026?
- Neutral Sentiment: Ford’s Q3 adjusted EPS of $0.49 beat analyst expectations, though revenue of $49.53 billion was slightly below consensus. The results offer some earnings support amid softer sales. F Q3 deep dive: auto adjacencies offset sales volume declines, affordable EV launch in focus
- Negative Sentiment: Q3 vehicle sales fell 6.6%, and revenue declined 2% year over year. Although Model e losses narrowed, its margins deteriorated further; the upcoming Fathom midsize electric pickup launch will be an important test of the EV turnaround. Ford’s EV Losses Narrowed. Is the Turnaround Fool’s Gold?
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Ford Motor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 23rd. Barclays increased their target price on Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Morgan Stanley dropped their price target on Ford Motor from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 29th. Jefferies Financial Group raised Ford Motor from a “hold” rating to a “buy” rating and upped their price objective for the stock from $14.50 to $17.50 in a research report on Monday, July 27th. Finally, DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price objective for the company in a report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $15.02.
Get Our Latest Stock Analysis on Ford Motor
About Ford Motor
Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.
Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.
Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.
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