40,856 Shares in Ford Motor Company $F Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC purchased a new stake in shares of Ford Motor Company (NYSE:F) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 40,856 shares of the auto manufacturer’s stock, valued at approximately $489,000.

Several other institutional investors and hedge funds also recently made changes to their positions in F. Summit Global Investments purchased a new position in shares of Ford Motor in the 3rd quarter worth $289,000. Cloud Capital Management LLC bought a new position in shares of Ford Motor in the third quarter worth approximately $92,000. AE Wealth Management LLC boosted its stake in shares of Ford Motor by 5.7% in the third quarter. AE Wealth Management LLC now owns 2,040,028 shares of the auto manufacturer’s stock worth $24,399,000 after acquiring an additional 110,414 shares during the period. Fidelis Capital Partners LLC boosted its stake in Ford Motor by 193.5% in the 3rd quarter. Fidelis Capital Partners LLC now owns 40,821 shares of the auto manufacturer’s stock worth $488,000 after purchasing an additional 26,911 shares during the period. Finally, New York State Common Retirement Fund boosted its position in shares of Ford Motor by 11.4% during the third quarter. New York State Common Retirement Fund now owns 3,003,700 shares of the auto manufacturer’s stock worth $35,924,000 after acquiring an additional 308,000 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Morgan Stanley increased their price objective on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, December 8th. Evercore ISI raised their price target on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research note on Monday, December 22nd. Citigroup lifted their price objective on shares of Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. Piper Sandler upgraded Ford Motor from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $11.00 to $16.00 in a report on Thursday, January 8th. Finally, Royal Bank Of Canada upped their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $13.19.

Ford Motor Stock Performance

NYSE F opened at $13.87 on Friday. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.50. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The stock’s 50 day simple moving average is $13.48 and its 200-day simple moving average is $12.48. The company has a market cap of $55.25 billion, a PE ratio of 11.95, a price-to-earnings-growth ratio of 5.92 and a beta of 1.62.

Ford Motor 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.