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Ford Motor (NYSE: F) Sees Institutional Shake-Up as Summit X LLC Trims Stake by 57.8%

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.

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