First Trust Advisors LP Has $202.77 Million Holdings in Ford Motor Company $F

First Trust Advisors LP increased its holdings in Ford Motor Company (NYSE:F) by 65.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,571,090 shares of the auto manufacturer’s stock after purchasing an additional 6,946,111 shares during the quarter. First Trust Advisors LP’s holdings in Ford Motor were worth $202,770,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Ford Motor during the fourth quarter worth about $674,437,000. SBI Okasan Asset Management Co.Ltd. bought a new stake in Ford Motor in the fourth quarter valued at approximately $1,769,000. TD Asset Management Inc boosted its holdings in Ford Motor by 11.0% in the fourth quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer’s stock valued at $25,036,000 after acquiring an additional 189,310 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Ford Motor by 2.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock valued at $57,008,000 after acquiring an additional 103,423 shares during the last quarter. Finally, World Investment Advisors increased its position in Ford Motor by 222.5% during the 4th quarter. World Investment Advisors now owns 125,292 shares of the auto manufacturer’s stock valued at $1,644,000 after purchasing an additional 86,445 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on F shares. Citigroup raised their price target on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Morgan Stanley reiterated an “equal weight” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, BNP Paribas Exane lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $14.79.

Key Stories Impacting Ford Motor

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

• Positive Sentiment: Ford is drawing bullish momentum attention from analysts, with one Zacks report highlighting the stock as a strong momentum name and another saying it may be set up to beat earnings expectations. Article Title Article Title
• Positive Sentiment: Ford joined a new alliance with BlackRock, Carhartt and Google to expand skilled workforce training, which could help support hiring and long-term manufacturing capacity. Article Title
• Neutral Sentiment: Coverage noting Ford has been trading higher than the broader market reflects improving short-term momentum, but it does not by itself change the company’s fundamentals. Article Title
• Neutral Sentiment: Articles about Ford workers allegedly being fired over snack theft are mostly reputational and labor-related headlines, but are unlikely to materially move the stock unless they signal broader labor issues. Article Title Article Title
• Negative Sentiment: Ford’s recall of nearly 388,000 vehicles over a second-row seat injury hazard is a negative development because it raises warranty, repair, and brand-risk concerns. Article Title
• Negative Sentiment: Broader commentary on the collapse of the U.S. EV industry could add pressure to Ford sentiment, since investors remain focused on losses in Ford’s EV segment. Article Title

Ford Motor Trading Up 1.0%

NYSE F opened at $14.42 on Thursday. The business has a 50 day simple moving average of $14.40 and a 200 day simple moving average of $13.43. Ford Motor Company has a one year low of $10.68 and a one year high of $17.78. The stock has a market capitalization of $57.46 billion, a P/E ratio of -9.30, a P/E/G ratio of 0.32 and a beta of 1.82. 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 earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share 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 the consensus estimate of $42.66 billion. During the same period in the previous year, the company posted $0.14 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. Research analysts expect that Ford Motor Company will post 1.66 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed 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 was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. Ford Motor’s payout ratio is currently -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.