Wall Street Zen downgraded shares of Ford Motor (NYSE:F – Free Report) from a buy rating to a hold rating in a research note published on Saturday.
Several other analysts also recently commented on F. Piper Sandler raised their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday. Jefferies Financial Group upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and upped their price target for the company from $14.50 to $17.50 in a report on Monday, July 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. TD Cowen increased their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, Bank of America raised their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $15.68.
Check Out Our Latest Stock Analysis on F
Ford Motor Stock Down 1.1%
Ford Motor (NYSE:F – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same quarter last year, the firm posted $0.37 earnings per share. Ford Motor’s revenue was down 3.8% compared to the same quarter last year. As a group, equities analysts expect that Ford Motor will post 1.86 earnings per share for the current year.
Ford Motor Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s payout ratio is currently -32.09%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Ford Motor in the 4th quarter valued at approximately $674,437,000. Marshall Wace LLP increased its holdings in Ford Motor by 81.1% during the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after buying an additional 15,866,285 shares during the last quarter. AQR Capital Management LLC increased its holdings in Ford Motor by 610.1% during the fourth quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after buying an additional 9,603,267 shares during the last quarter. Bank of New York Mellon Corp raised its position in Ford Motor by 26.9% during the fourth quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after acquiring an additional 8,086,564 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in Ford Motor by 458.7% during the first quarter. SG Americas Securities LLC now owns 9,002,765 shares of the auto manufacturer’s stock worth $103,892,000 after acquiring an additional 7,391,361 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Key Ford Motor News
Here are the key news stories impacting Ford Motor this week:
- Positive Sentiment: Profit beat supports the stock: Ford reported quarterly earnings of $0.42 per share, exceeding the $0.33 analyst consensus, while revenue of $48.30 billion also topped expectations. The earnings beat outweighed the year-over-year revenue decline and has been a key reason for the stock’s recent increase. Why Ford Stock Is Up Today
- Positive Sentiment: Analyst sentiment is improving modestly: DZ Bank upgraded Ford from “sell” to “hold” and set a $16 price target, implying approximately 9% potential upside from the recently cited share price. JPMorgan, TD Cowen and Piper Sandler also reportedly forecast further appreciation. Ford Analyst Upgrade
- Positive Sentiment: Defense business offers diversification: Ford secured its largest U.S. Army truck contract since the Cold War, involving F-Series-based tactical truck prototypes. The program could provide an additional revenue opportunity beyond conventional vehicle sales. Ford Lands Army Truck Contract
- Neutral Sentiment: Brokerage consensus remains cautious: Ford has an average “hold” recommendation, while BNP Paribas Exane raised its target from $14 to $14.50 but maintained a neutral rating. BNP Paribas Exane Ford Target
- Neutral Sentiment: Unusually large options activity may increase trading volatility, but the available report does not establish whether investors were betting bullishly or bearishly. Ford Options Trading
- Negative Sentiment: EV momentum appears to be weakening: Ford and General Motors are reportedly discussing electric vehicles less frequently with investors after previously committing billions of dollars to EV initiatives. This may reinforce concerns about strategy, demand and the returns on Ford’s EV investments. GM and Ford EV Strategy
- Negative Sentiment: Analysts and commentators remain skeptical of Ford’s attempts to diversify beyond automobiles, citing the automaker’s mixed track record with such initiatives. Ford Diversification Concerns
- Negative Sentiment: CEO Jim Farley warned employees that Chinese automakers could enter the U.S. market within five to ten years, highlighting a longer-term competitive threat despite current trade barriers. Ford CEO on Chinese Competition
Ford Motor Company 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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