Pictet Asset Management Holding SA Has $28.63 Million Stock Holdings in Ford Motor Company $F

Pictet Asset Management Holding SA raised its holdings in Ford Motor Company (NYSE:F) by 49.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,481,759 shares of the auto manufacturer’s stock after buying an additional 823,930 shares during the period. Pictet Asset Management Holding SA’s holdings in Ford Motor were worth $28,630,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Ford Motor by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after acquiring an additional 4,087,699 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position 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 boosted its stake in Ford Motor by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after purchasing an additional 1,255,349 shares during the last quarter. Norges Bank bought a new stake in Ford Motor during the 4th quarter worth approximately $674,437,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Ford Motor by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 45,857,344 shares of the auto manufacturer’s stock worth $601,687,000 after purchasing an additional 125,534 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor News Summary

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

• Negative Sentiment: Ford is recalling more than 741,000 U.S. vehicles, including Expedition, Explorer, Lincoln Aviator and F-150 models, over a transmission defect that could damage the parking system and create a rollaway risk. Article: Ford Recalls More Than 741K U.S. Vehicles Over Transmission Defect
• Negative Sentiment: Multiple reports on the recall suggest reputational damage for Ford, which can weigh on sentiment and raise concerns about repair costs, customer trust, and potential legal exposure. Article: Ford recalls 741,195 SUVs and pickups after transmission defect raises rollaway risk: NHTSA
• Negative Sentiment: The U.S. auto industry is facing added uncertainty if the USMCA trade deal is not extended, which could pressure automakers like Ford through supply-chain and cross-border manufacturing risks. Article: U.S. auto industry faces more uncertainty without extension of USMCA trade deal
• Neutral Sentiment: Ford’s stock has also been weak over the past month, and one article noted the company’s push into battery energy storage under Ford Energy, but that initiative is still early and not yet a clear near-term catalyst. Article: Is Ford Stock a Buy Right Now While It’s Down From Its Peak?

Analyst Ratings Changes

A number of research firms have recently weighed in on F. The Goldman Sachs Group raised their target price on Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. TD Cowen lowered their price target on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. Morgan Stanley restated an “equal weight” rating and set a $14.00 price objective on shares of Ford Motor in a research note on Wednesday, May 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a report on Friday, May 15th. Finally, Citigroup upped their target price on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $14.70.

Ford Motor Stock Performance

NYSE F opened at $13.65 on Thursday. The company has a market capitalization of $54.39 billion, a PE ratio of -8.81, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. Ford Motor Company has a 52-week low of $10.68 and a 52-week high of $17.78. The company has a 50-day simple moving average of $13.94 and a 200 day simple moving average of $13.37.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 EPS. On average, research analysts predict that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a $0.15 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.4%. Ford Motor’s payout ratio is presently -38.71%.

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.