Ford Motor Company

New York Stock Exchange
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Somewhat Bullish +45

California Public Employees Retirement System Sells 558,861 Shares of ...

AI-generated analysis

📉 CalPERS sold 558,861 shares in Q1, reducing its Ford stake by 7.4% while retaining 7,009,764 shares worth $80.89 million.

📈 Norges Bank acquired a new stake valued at approximately $674.4 million in the fourth quarter.

📈 Marshall Wace LLP raised its Ford stake by 81.1% to own 35,438,722 shares valued at $423.8 million.

📈 AQR Capital Management LLC increased its position by 610.1% in the fourth quarter.

📈 Bank of New York Mellon Corp lifted holdings by 26.9% to own 38,153,383 shares.

📈 SG Americas Securities LLC raised stakes by 458.7% in the first quarter.

🤝 Institutional investors collectively own 58.74% of Ford Motor Company's outstanding stock.

📊 Morgan Stanley reaffirmed an 'equal weight' rating with a $14.00 price objective.

📈 JPMorgan Chase increased its price objective to $16.00 and upgraded the rating to 'overweight'.

📉 TD Cowen reduced its target price from $14.00 to $13.00 with a 'hold' rating.

📈 Barclays raised its price objective to $14.00 and maintained an 'equal weight' rating.

🎯 The consensus analyst target price for Ford is currently set at $14.79.

💰 Ford reported Q1 EPS of $0.66, beating estimates by $0.48 on revenue of $43.25 billion.

📈 Revenue grew 6.4% year-over-year to $43.25 billion in the first quarter.

💵 The company paid a quarterly dividend of $0.15, yielding 4.2% annualized.

Bullish Signals
  • Ford reported Q1 EPS of $0.66, significantly beating analyst consensus estimates of $0.18 by $0.48.
  • Revenue reached $43.25 billion in the first quarter, representing a 6.4% increase compared to the same period last year.
  • Norges Bank acquired a substantial new stake valued at approximately $674.4 million in the fourth quarter.
  • Marshall Wace LLP increased its position by 81.1%, now owning over 35 million shares.
  • AQR Capital Management LLC raised its stake by 610.1% in the fourth quarter.
  • Bank of New York Mellon Corp lifted its holdings by 26.9% during the fourth quarter.
  • JPMorgan Chase increased its price objective to $16.00 and upgraded the rating to 'overweight'.
  • The company maintains a positive return on equity of 15.77%.
Risk Factors
  • TD Cowen reduced its target price from $14.00 to $13.00 and issued a 'hold' rating.
  • CalPERS reduced its holdings by 7.4% during the first quarter.
  • Ford currently has a negative P/E ratio of -9.18, indicating recent earnings volatility or losses in specific segments.
  • The dividend payout ratio is currently -38.71%, reflecting the disconnect between current earnings and dividend payments.
Full Analysis
California Public Employees Retirement System (CalPERS) reduced its stake in Ford Motor Company by 7.4% during the first quarter, selling 558,861 shares to hold a remaining position of 7,009,764 shares valued at $80.89 million. This move contrasts with significant accumulation by other major institutional investors, including Norges Bank, which added approximately $674.4 million in the fourth quarter, and Marshall Wace LLP, which increased its stake by 81.1% to own over 35 million shares. Analyst sentiment regarding Ford remains mixed, with a consensus target price of $14.79 and an average rating of 'Hold.' While JPMorgan Chase raised its price objective to $16.00 and gave an 'overweight' rating, TD Cowen lowered its target to $13.00 with a 'hold' rating. Morgan Stanley maintains an 'equal weight' rating with a $14.00 objective, while Barclays recently raised its target to $14.00. Financially, Ford reported strong quarterly results in the first quarter, posting $0.66 EPS which significantly beat the consensus estimate of $0.18 and generating revenue of $43.25 billion, a 6.4% year-over-year increase. The company also paid a quarterly dividend of $0.15 per share, though the payout ratio is currently negative due to recent earnings dynamics.