Ford Motor (NYSE: F) has witnessed significant shifts in institutional holdings, with Summit X LLC slashing its position in the automaker by 57.8% during Q4 2024. According to its latest 13F filing with the Securities and Exchange Commission (SEC), Summit X LLC sold 43,275 shares, reducing its total Ford holdings to 31,546 shares, valued at $312,000.
Institutional Investors Adjust Positions in Ford Motor
Summit X LLC’s move is part of a broader trend among institutional investors adjusting their Ford Motor stakes. Several other major investors have also modified their holdings:
- Franklin Resources Inc. expanded its Ford position by 29.8% in Q3 2024, acquiring an additional 336,720 shares and reaching 1,464,980 shares valued at approximately $15.99 million.
- NCP Inc. increased its holdings by 62% in Q4, now owning 74,520 shares worth $738,000.
- Principal Financial Group Inc. grew its stake by 3.8% in Q3, adding 160,409 shares to bring its total to 4,394,681 shares valued at $46.41 million.
- Worldquant Millennium Advisors LLC entered the Ford market with a new stake valued at $55.46 million.
- Alberta Investment Management Corp nearly doubled its position, adding 91,300 shares in Q4 to reach a total of 196,100 shares valued at $1.94 million.
Overall, institutional investors collectively hold 58.74% of Ford Motor’s stock.
Ford Motor Stock Performance and Key Financial Metrics
Ford’s stock was trading up 2.0% on Friday, rising $0.20 to reach $9.73 per share. Trading volume stood at 91,205,685 shares, compared to the daily average of 92,055,281 shares.
Key financial indicators:
- Market Cap: $38.54 billion
- Price-to-Earnings (P/E) Ratio: 6.66
- PEG Ratio: 0.61
- Beta: 1.59
- Debt-to-Equity Ratio: 2.31
- Quick Ratio: 1.02
- Current Ratio: 1.16
Ford’s 52-week range fluctuated between a low of $9.06 and a high of $14.85. The stock’s 50-day simple moving average (SMA) is $9.71, while its 200-day SMA stands at $10.33.
Q4 Earnings Beat Analyst Expectations
Ford Motor reported its Q4 2024 earnings on February 5, 2025, posting earnings per share (EPS) of $0.39, surpassing the consensus estimate of $0.35 by $0.04. The company reported:
- Net Margin: 3.18%
- Return on Equity (ROE): 16.88%
Wall Street analysts project that Ford will post an EPS of $1.47 for the full fiscal year.
Ford Maintains Dividend Payout with 6.17% Yield
Ford continues to reward shareholders with a quarterly dividend of $0.15 per share, which was paid out on March 3, 2025, to stockholders of record as of February 18, 2025. This equates to an annualized dividend of $0.60 per share, translating to a 6.17% dividend yield. The company’s dividend payout ratio (DPR) currently stands at 41.10%.
Analyst Ratings: Mixed Sentiment on Ford Stock
Recent analyst reports show mixed sentiment on Ford’s stock performance:
- Bank of America lowered its price target from $19.00 to $15.50, maintaining a Buy rating.
- Royal Bank of Canada downgraded Ford to Sector Perform, cutting its price target from $10.00 to $9.00.
- Barclays downgraded Ford from Overweight to Equal Weight, revising its target from $13.00 to $11.00.
- JPMorgan Chase & Co. dropped Ford’s price target from $14.00 to $13.00, maintaining an Overweight rating.
- Evercore ISI revised its target from $11.00 to $10.00, keeping an In-Line rating.
Out of 18 analysts, Ford currently holds:
- 3 Sell Ratings
- 11 Hold Ratings
- 4 Buy Ratings
According to MarketBeat.com, Ford Motor holds a consensus rating of “Hold” with a consensus price target of $11.77.
