Norges Bank Takes $674.44 Million Position in Ford Motor Company $F

Norges Bank purchased a new position in shares of Ford Motor Company (NYSE:F) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 51,405,295 shares of the auto manufacturer’s stock, valued at approximately $674,437,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Grove Bank & Trust raised its position in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares during the period. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $26,000. Johnson Financial Group Inc. raised its position in shares of Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares during the period. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $29,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Ford Motor during the 3rd quarter worth approximately $32,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

F has been the topic of a number of research reports. Citigroup dropped their price target on Ford Motor from $13.50 to $13.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a research report on Friday, May 15th. Wells Fargo & Company dropped their price target on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Tuesday, March 31st. Wall Street Zen cut Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, UBS Group dropped their price target on Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $13.77.

Trending Headlines about Ford Motor

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

• Positive Sentiment: Bank of America raised its price target on Ford to $20 from $17 and reiterated a buy rating, signaling further upside potential. Benzinga article
• Positive Sentiment: Ford has been identified as a top-ranked momentum stock, which can attract traders looking for recent winners and help extend the rally.
• Positive Sentiment: Investors are increasingly focused on Ford’s battery pivot and new subsidiary, viewing it as a possible multi-year growth driver beyond traditional vehicle sales. Benzinga article
• Positive Sentiment: Coverage comparing Ford with General Motors highlighted how legacy automakers are benefiting from AI-related and battery-storage opportunities, not just new-car sales. Barrons article
• Positive Sentiment: Ford has also been discussed on CNBC’s “Final Trades,” which can reinforce bullish sentiment and keep the stock on traders’ radar. Benzinga article

Ford Motor Stock Performance

Shares of F stock opened at $17.49 on Monday. Ford Motor Company has a 12-month low of $9.88 and a 12-month high of $17.78. The firm has a market capitalization of $69.70 billion, a price-to-earnings ratio of -11.29, a price-to-earnings-growth ratio of 0.38 and a beta of 1.79. The business has a 50 day simple moving average of $12.72 and a 200 day simple moving average of $13.13. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. During the same period in the prior year, the company posted $0.14 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor Company will post 1.61 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s dividend payout ratio is -38.71%.

Ford Motor Company Profile

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.