Truist Financial Cuts Ally Financial (NYSE:ALLY) Price Target to $51.00

Posted by Brian Himes on Aug 4th, 2026

Ally Financial (NYSE:ALLY – Get Free Report) had its target price decreased by analysts at Truist Financial from $54.00 to $51.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. Truist Financial’s target price suggests a potential upside of 13.66% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Royal Bank Of Canada raised their price target on shares of Ally Financial from $52.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, July 10th. Wells Fargo & Company increased their price objective on shares of Ally Financial from $52.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Morgan Stanley boosted their target price on Ally Financial from $53.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Evercore reaffirmed an “outperform” rating and issued a $54.00 price target on shares of Ally Financial in a report on Tuesday, April 21st. Finally, Citigroup lowered their price objective on Ally Financial from $70.00 to $58.00 and set a “buy” rating on the stock in a research note on Tuesday, June 23rd. Fourteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $53.64.

Read Our Latest Stock Report on ALLY

Ally Financial Price Performance

Shares of NYSE ALLY traded up $0.80 during midday trading on Tuesday, hitting $44.87. The stock had a trading volume of 316,061 shares, compared to its average volume of 3,526,186. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.26. The stock has a 50 day simple moving average of $44.47 and a 200-day simple moving average of $42.51. The company has a market capitalization of $13.65 billion, a PE ratio of 10.57, a P/E/G ratio of 0.27 and a beta of 1.10. Ally Financial has a 1 year low of $35.92 and a 1 year high of $47.29.

Ally Financial (NYSE:ALLY – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.01). Ally Financial had a net margin of 16.75% and a return on equity of 11.75%. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter in the previous year, the business posted $0.99 EPS. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, sell-side analysts expect that Ally Financial will post 5.19 EPS for the current fiscal year.

Insider Buying and Selling at Ally Financial

In related news, insider Stephanie N. Richard sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $42.14, for a total transaction of $210,700.00. Following the completion of the sale, the insider directly owned 93,927 shares of the company’s stock, valued at approximately $3,958,083.78. This trade represents a 5.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.46% of the company’s stock.

Hedge Funds Weigh In On Ally Financial

Large investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. acquired a new position in Ally Financial during the fourth quarter worth $29,000. Fideuram Asset Management Ireland dac acquired a new position in Ally Financial during the 4th quarter worth about $35,000. Safe Harbor Fiduciary LLC purchased a new position in Ally Financial during the 4th quarter valued at about $37,000. Harvest Fund Management Co. Ltd purchased a new position in Ally Financial during the 4th quarter valued at about $38,000. Finally, SJS Investment Consulting Inc. grew its position in Ally Financial by 30.8% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,019 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 240 shares in the last quarter. 88.76% of the stock is currently owned by institutional investors and hedge funds.

About Ally Financial

(Get Free Report)

Ally Financial Inc is a leading digital financial services company headquartered in Detroit, Michigan. The company offers a comprehensive suite of banking, lending, and insurance products designed for retail and commercial customers. Through its online-only platform, Ally Bank provides checking and savings accounts, certificates of deposit, money market accounts, and home mortgages, emphasizing competitive rates and user-friendly mobile and web experiences.

In addition to its banking operations, Ally Financial is a major player in automotive financing and leasing.