Prasad Wealth Partners LLC acquired a new position in shares of Ford Motor Company (NYSE:F – Free Report) during the 1st quarter, HoldingsChannel reports. The firm acquired 52,009 shares of the auto manufacturer’s stock, valued at approximately $600,000.
A number of other large investors have also recently bought and sold shares of F. Vanguard Group Inc. boosted its stake in Ford Motor by 0.9% in the fourth 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 during the period. Charles Schwab Investment Management Inc. raised its position in shares of Ford Motor by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock worth $1,994,464,000 after purchasing an additional 4,089,779 shares during the period. Geode Capital Management LLC raised its position in shares of 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 worth $1,394,697,000 after purchasing an additional 1,255,349 shares during the period. Norges Bank bought a new stake in shares of Ford Motor in the 4th quarter worth approximately $674,437,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Ford Motor by 0.3% in the 4th 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. Institutional investors own 58.74% of the company’s stock.
Key Stories Impacting Ford Motor
Here are the key news stories impacting Ford Motor this week:
- Positive Sentiment: Ford’s CEO said the company wants a more level playing field in upcoming USMCA trade talks, arguing that automakers with more domestic production should be rewarded. If policymakers respond favorably, it could support Ford by improving its competitive position versus import-heavy rivals.
- Neutral Sentiment: Investors are also weighing a broader comparison of Ford versus General Motors and Stellantis, with some market commentary suggesting GM may currently be the better Detroit auto stock. This adds to the rotation away from Ford but is more opinion-driven than company-specific. Article Title
- Negative Sentiment: Ford reported a 10.3% year-over-year drop in U.S. second-quarter sales, hurt by lower F-Series inventory and softer electric vehicle demand. That weak sales update is a direct negative for sentiment and helps explain the stock’s decline. Article Title
- Negative Sentiment: Ford said pure EV sales fell 40.7% in the quarter and F-Series truck sales declined 11%, reinforcing worries about both its EV momentum and its core pickup business. Article Title
- Negative Sentiment: The company is also facing fresh quality and recall concerns, including a recall of more than 741,000 U.S. vehicles over a transmission defect that could raise rollaway risk. That adds cost and reputational pressure. Article Title
- Negative Sentiment: Ford’s stock has also been weighed down by commentary about a fourth straight down day and by reports that the company is bringing back veteran engineers to address quality problems, highlighting internal execution issues.
Ford Motor Stock Performance
Ford Motor (NYSE:F – Get Free Report) last posted its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.18 by $0.48. The firm had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS. On average, equities research analysts forecast that Ford Motor Company will post 1.64 EPS for the current year.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio is presently -38.71%.
Wall Street Analysts Forecast Growth
F has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price objective on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Bank of America raised their target price on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, May 29th. The Goldman Sachs Group boosted their price target on shares of Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Wall Street Zen upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a report on Friday, May 15th. Five 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, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.70.
Check Out Our Latest Research Report on F
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.
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