Ford Motor Company $F Holdings Boosted by CX Institutional

Key Points

• CX Institutional increased its Ford stake by 679.2% in the third quarter, adding 624,683 shares to hold 716,656 shares valued at approximately $8.6 million. Institutional investors collectively own 58.74% of Ford’s stock.
• Analyst sentiment remains mixed but has improved, with Citigroup upgrading Ford to “buy” and several firms raising price targets. The stock has a consensus “hold” rating and an average target price of $15.68.
• Ford’s latest quarterly results beat expectations, reporting $0.42 in adjusted EPS and $48.3 billion in revenue, while maintaining a quarterly dividend of $0.15 per share, equivalent to a 5.0% annualized yield.

CX Institutional lifted its position in shares of Ford Motor Company (NYSE:F - Free Report) by 679.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 716,656 shares of the auto manufacturer's stock after purchasing an additional 624,683 shares during the period. CX Institutional's holdings in Ford Motor were worth $8,643,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Maripau Wealth Management LLC increased its position in Ford Motor by 1.6% during the first quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer's stock worth $538,000 after buying an additional 749 shares during the period. Wayfinding Financial LLC boosted its holdings in shares of Ford Motor by 5.8% in the second quarter. Wayfinding Financial LLC now owns 13,652 shares of the auto manufacturer's stock valued at $189,000 after acquiring an additional 754 shares during the period. Southern Financial Group LLC boosted its holdings in shares of Ford Motor by 2.3% in the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer's stock valued at $401,000 after acquiring an additional 776 shares during the period. Bernicke Wealth Management Ltd. grew its position in shares of Ford Motor by 2.0% during the second quarter. Bernicke Wealth Management Ltd. now owns 39,789 shares of the auto manufacturer's stock worth $553,000 after acquiring an additional 792 shares during the last quarter. Finally, Bank & Trust Co grew its position in shares of Ford Motor by 2.6% during the second quarter. Bank & Trust Co now owns 31,665 shares of the auto manufacturer's stock worth $440,000 after acquiring an additional 794 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the stock. Royal Bank Of Canada upped their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 29th. The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the company a "neutral" rating in a research note on Thursday, June 11th. Citigroup raised shares of Ford Motor from a "neutral" rating to a "buy" rating and upped their target price for the company from $19.00 to $20.00 in a report on Wednesday, July 29th. Piper Sandler increased their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Finally, DZ Bank raised Ford Motor from a "sell" rating to a "hold" rating and set a $16.00 price target on the stock in a report on Friday, July 31st. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $15.68.

More Ford Motor News

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

• Positive Sentiment: Ford retained its No. 3 position in U.S. vehicle sales during the third quarter, narrowly staying ahead of Hyundai. Maintaining its ranking supports Ford’s scale and brand position, although the slim margin highlights intensifying competition. Ford fends off Hyundai to retain No. 3 U.S. sales position in third quarter
• Positive Sentiment: Eased fuel-economy regulations could reduce compliance costs for automakers by an estimated $60.6 billion through 2031. Ford could benefit from lower regulatory spending and greater flexibility in vehicle development, although the article does not provide a Ford-specific savings estimate. Automakers Eye $60.6B in Savings as Fuel Economy Rules Ease
• Positive Sentiment: Ford-backed renewable-energy investment helped DTE Energy complete a 100-megawatt Michigan solar park. The project supports Ford’s decarbonization goals and may improve its long-term sustainability profile, but it is unlikely to materially affect near-term earnings. DTE Energy completes construction on Cold Creek Solar Park

Ford Motor Stock Performance

NYSE F traded down $0.18 during trading hours on Friday, hitting $12.09. 49,029,919 shares of the stock were exchanged, compared to its average volume of 57,419,457. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a market cap of $48.21 billion, a price-to-earnings ratio of -6.47, a price-to-earnings-growth ratio of 0.25 and a beta of 1.93. Ford Motor Company has a 12-month low of $11.11 and a 12-month high of $17.78. The stock has a 50-day moving average of $13.84 and a 200 day moving average of $13.53.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.09. The company had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.37 EPS. As a group, equities research analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Tuesday, August 11th. Ford Motor's dividend payout ratio is currently -32.09%.

Ford Motor Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world's oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.

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