Ford Motor (NYSE:F) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Ford Motor (NYSE:F) from a buy rating to a hold rating in a research report released on Saturday morning.

Other research analysts also recently issued research reports about the company. Bank of America assumed coverage on Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 target price on the stock. Royal Bank Of Canada restated a “sector perform” rating and issued a $13.00 target price on shares of Ford Motor in a research note on Friday. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. TD Cowen lowered their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Finally, Citigroup lowered their target price 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. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average target price of $13.56.

Ford Motor Stock Down 7.6%

Shares of Ford Motor stock opened at $13.39 on Friday. The stock’s fifty day moving average is $12.15 and its 200-day moving average is $13.01. The firm has a market capitalization of $53.34 billion, a PE ratio of -8.64, a price-to-earnings-growth ratio of 0.30 and a beta of 1.65. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. Ford Motor has a 12-month low of $9.88 and a 12-month high of $14.94.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.Ford Motor’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share. Equities analysts anticipate that Ford Motor will post 1.6 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 12th. This represents a $0.60 annualized dividend and a yield of 4.5%. Ford Motor’s dividend payout ratio is presently -38.71%.

Insider Buying and Selling

In other news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. The trade was a 3.71% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.63% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ford Motor

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Ford Motor by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock valued at $6,188,776,000 after acquiring an additional 4,087,699 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock valued at $1,994,464,000 after acquiring an additional 4,089,779 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Ford Motor by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock worth $1,394,697,000 after buying an additional 1,255,349 shares in the last quarter. Norges Bank acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $674,437,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Ford Motor by 3.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock worth $547,379,000 after buying an additional 1,585,557 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Key Headlines Impacting Ford Motor

Here are the key news stories impacting Ford Motor this week:

• 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?

About Ford Motor

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.