Ally Financial (NYSE:ALLY) Price Target Raised to $44.00

Ally Financial (NYSE:ALLY) had its price objective raised by JPMorgan Chase & Co. from $43.00 to $44.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

Several other analysts have also recently issued reports on the company. The Goldman Sachs Group set a $45.00 target price on Ally Financial in a report on Tuesday, October 6th. Evercore set a $40.00 target price on Ally Financial in a research note on Wednesday. Zacks Research lowered Ally Financial from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 13th. Citigroup lowered their price target on shares of Ally Financial from $58.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, September 25th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $43.00 price target (down from $55.00) on shares of Ally Financial in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $48.21.

Ally Financial Price Performance

ALLY stock opened at $39.08 on Wednesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.94 and a quick ratio of 0.92. The business has a 50 day simple moving average of $40.23 and a 200-day simple moving average of $42.64. The firm has a market capitalization of $11.89 billion, a PE ratio of 8.28, a price-to-earnings-growth ratio of 0.30 and a beta of 1.11. Ally Financial has a 1 year low of $35.92 and a 1 year high of $47.29.

Ally Financial (NYSE:ALLY) last posted its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.33 by $0.01. Ally Financial had a return on equity of 12.11% and a net margin of 16.84%. The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.31 billion. During the same quarter last year, the firm earned $1.15 earnings per share. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. Equities research analysts anticipate that Ally Financial will post 4.97 earnings per share for the current fiscal year.

Ally Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, November 2nd. This is a boost from Ally Financial’s previous quarterly dividend of $0.30. Ally Financial’s dividend payout ratio is presently 28.30%.

Insider Activity at Ally Financial

In related news, insider Kathleen L. Patterson sold 12,831 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $38.65, for a total value of $495,918.15. Following the transaction, the insider directly owned 67,781 shares in the company, valued at approximately $2,619,735.65. This represents a 15.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephanie N. Richard sold 5,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $44.23, for a total value of $221,150.00. Following the completion of the transaction, the insider owned 88,927 shares of the company’s stock, valued at $3,933,241.21. The trade was a 5.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.46% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ally Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ALLY. SJS Investment Consulting Inc. grew its position in shares of Ally Financial by 30.8% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,019 shares of the financial services provider’s stock valued at $40,000 after buying an additional 240 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in Ally Financial by 3.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 8,010 shares of the financial services provider’s stock worth $314,000 after acquiring an additional 243 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Ally Financial by 3.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,247 shares of the financial services provider’s stock worth $348,000 after acquiring an additional 282 shares in the last quarter. Arizona State Retirement System lifted its position in Ally Financial by 0.4% in the second quarter. Arizona State Retirement System now owns 76,467 shares of the financial services provider’s stock valued at $3,514,000 after acquiring an additional 296 shares during the last quarter. Finally, Waverly Advisors LLC lifted its position in Ally Financial by 1.3% in the second quarter. Waverly Advisors LLC now owns 23,749 shares of the financial services provider’s stock valued at $1,091,000 after acquiring an additional 307 shares during the last quarter. Hedge funds and other institutional investors own 88.76% of the company’s stock.

Ally Financial News Roundup

Here are the key news stories impacting Ally Financial this week:

• Positive Sentiment: JPMorgan raised its price target for ALLY from $43 to $44 and maintained an “overweight” rating, signaling confidence in the company’s earnings outlook. JPMorgan Ally Financial Price Target
• Positive Sentiment: Ally’s latest quarter modestly exceeded expectations, with earnings of $1.34 per share versus the $1.33 consensus estimate and revenue of $2.35 billion, up 6.1% year over year. The company also increased its quarterly dividend to $0.35 from $0.30, supporting the stock’s income appeal.
• Neutral Sentiment: TD Cowen lowered its price target from $54 to $52 but retained a “buy” rating, while JPMorgan’s higher target contrasts with more cautious views elsewhere. The mixed analyst actions indicate continued disagreement over Ally’s risk-reward profile. TD Cowen Ally Financial Price Target
• Neutral Sentiment: Chief Revenue Officer Stephanie N. Richard and CFO Russell Hutchinson each withheld shares—9,032 and 21,074, respectively—to cover taxes on restricted-stock-unit vesting. These are typically administrative transactions rather than discretionary insider sales.
• Neutral Sentiment: Insider Kathleen Patterson sold 12,831 shares worth approximately $495,918, also to satisfy tax withholding obligations. Although the sale reduced her position by 15.92%, its stated purpose limits its value as a negative signal about management’s outlook. Ally Financial Insider Sale
• Negative Sentiment: Evercore ISI downgraded Ally from “outperform” to “in-line,” citing pressure on net interest margins and potential credit-cost increases. Rising auto-loan delinquencies and charge-offs could weigh on profitability even as loan originations grow. Evercore ISI Ally Financial Downgrade

About Ally Financial

Ally Financial Inc is a digital financial services company headquartered in Detroit, Michigan, and traded on the New York Stock Exchange under the symbol ALLY. The company primarily serves consumers, automotive dealers and businesses in the United States through online and branchless banking and financing platforms.

Ally’s automotive finance business provides retail installment loans and leases to consumers and floorplan financing and other services to automotive dealers. Its consumer banking operations, conducted through Ally Bank, offer deposit products such as savings accounts, money market accounts and certificates of deposit, along with consumer lending products.

The company also provides credit cards and commercial financing, and offers investment and brokerage services through Ally Invest.