Donaldson Capital Management LLC Grows Holdings in Ford Motor (NYSE:F)

Donaldson Capital Management LLC lifted its position in shares of Ford Motor (NYSE:F) by 23.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,649 shares of the auto manufacturer’s stock after buying an additional 3,362 shares during the quarter. Donaldson Capital Management LLC’s holdings in Ford Motor were worth $177,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Tallon Kerry Patrick acquired a new position in shares of Ford Motor during the 4th quarter valued at about $116,000. Strategic Financial Concepts LLC acquired a new position in Ford Motor during the fourth quarter worth approximately $947,000. Empowered Funds LLC raised its stake in Ford Motor by 10.8% during the fourth quarter. Empowered Funds LLC now owns 104,375 shares of the auto manufacturer’s stock worth $1,033,000 after purchasing an additional 10,148 shares during the period. Soltis Investment Advisors LLC boosted its holdings in shares of Ford Motor by 29.1% in the 4th quarter. Soltis Investment Advisors LLC now owns 21,641 shares of the auto manufacturer’s stock valued at $214,000 after purchasing an additional 4,880 shares during the last quarter. Finally, Essex Financial Services Inc. boosted its holdings in shares of Ford Motor by 30.7% in the 4th quarter. Essex Financial Services Inc. now owns 45,465 shares of the auto manufacturer’s stock valued at $450,000 after purchasing an additional 10,679 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $10.66 on Thursday. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The firm has a market capitalization of $42.37 billion, a P/E ratio of 7.30, a P/E/G ratio of 0.61 and a beta of 1.50. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company’s fifty day moving average price is $10.06 and its two-hundred day moving average price is $9.99.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. During the same quarter last year, the firm earned $0.49 EPS. Ford Motor’s quarterly revenue was down 6.2% on a year-over-year basis. On average, research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.63%. Ford Motor’s dividend payout ratio (DPR) is 48.00%.

Analyst Upgrades and Downgrades

F has been the topic of several research reports. Piper Sandler increased their target price on Ford Motor from $8.50 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, May 22nd. Wolfe Research upgraded Ford Motor from an “underperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. Sanford C. Bernstein lowered shares of Ford Motor from a “market perform” rating to an “underperform” rating and cut their price target for the company from $9.40 to $7.00 in a report on Wednesday, April 9th. Finally, The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 6th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $10.03.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.