HITE Hedge Asset Management LLC Makes New $19.06 Million Investment in Ford Motor Company $F

HITE Hedge Asset Management LLC bought a new position in shares of Ford Motor Company (NYSE:F) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,452,916 shares of the auto manufacturer’s stock, valued at approximately $19,062,000. Ford Motor comprises 1.2% of HITE Hedge Asset Management LLC’s holdings, making the stock its 22nd largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Korea Investment CORP boosted its holdings in Ford Motor by 9.3% during the fourth quarter. Korea Investment CORP now owns 3,708,355 shares of the auto manufacturer’s stock worth $48,654,000 after buying an additional 314,782 shares during the last quarter. Banco Santander S.A. boosted its holdings in Ford Motor by 2.0% during the fourth quarter. Banco Santander S.A. now owns 333,407 shares of the auto manufacturer’s stock worth $4,374,000 after buying an additional 6,684 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in Ford Motor by 84.8% during the fourth quarter. Wealthspire Advisors LLC now owns 79,413 shares of the auto manufacturer’s stock worth $1,042,000 after buying an additional 36,451 shares during the last quarter. Summit Financial LLC boosted its holdings in Ford Motor by 37.6% during the fourth quarter. Summit Financial LLC now owns 89,676 shares of the auto manufacturer’s stock worth $1,177,000 after buying an additional 24,502 shares during the last quarter. Finally, Castleark Management LLC bought a new position in Ford Motor during the fourth quarter worth about $4,989,000. Institutional investors own 58.74% of the company’s stock.

Key Ford Motor News

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

• Positive Sentiment: Ford’s aluminum supplier Novelis restarted its hot mill after 2025 fire damage, which could help ease Ford’s supply constraints and support recovery in truck production. Can Novelis’ Hot Mill Restart Ease Ford’s Supply Challenges?
• Positive Sentiment: Goldman Sachs raised its price target on Ford to $16 from $13, implying some upside from current levels even though the firm kept a neutral rating.
• Neutral Sentiment: Brokerages now give Ford a consensus “Hold” rating, suggesting analysts see limited near-term catalyst visibility. Ford Motor Company (NYSE:F) Receives Consensus Rating of “Hold” from Brokerages
• Neutral Sentiment: Recent commentary noted Ford has had bullish technical signals and improving relative performance, but these articles were more market commentary than new fundamental drivers. After Their Golden Crosses, Is Bank of America or Ford Better for Retirement Portfolios?
• Negative Sentiment: Ford recalled 255,404 U.S. vehicles over a canister purge valve issue that could cause engines to stall unexpectedly while driving, increasing safety, regulatory, and repair-cost concerns. Ford to recall more than 255,400 US vehicles over engine issue
• Negative Sentiment: Ford expanded its recall of 548,463 Expedition SUVs over peeling center-console trim that exposed sharp edges, with thousands of claims and reported injuries tied to the defect. Ford’s Recall Issue Continues to Grow: Here’s What You Need to Know

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. UBS Group raised their price target on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Bank of America raised their price target on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. 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. Finally, The Goldman Sachs Group raised their price target on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $14.63.

Ford Motor Trading Up 0.8%

NYSE F opened at $14.82 on Friday. The firm has a market cap of $59.07 billion, a P/E ratio of -9.56, a P/E/G ratio of 0.32 and a beta of 1.79. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The stock’s 50-day moving average is $13.45 and its 200-day moving average is $13.29. Ford Motor Company has a one year low of $10.38 and a one year high of $17.78.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.Ford Motor’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 earnings per share. Sell-side analysts anticipate that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -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.