Truist Securities Cuts Ally Financial (ALLY) Price Target to $48
Key Points
- Truist Securities adjusted its price target for Ally Financial from $50 to $48, keeping a Buy rating on the stock.
- Truist Securities's $48 price target implies 22.89% upside from Ally Financial Inc.'s ($ALLY) current $39.06 share price.
- ALLY shares recently traded at $39.06, which is about 18.6% below the new target price.
- The company has a market cap of approximately $11.88 billion and a P/E ratio of about 8.94.
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On October 26, 2026, Truist Securities lowered its price target for Ally Financial Inc. (ALLY) from $50 to $48 while maintaining a Buy rating. This change reflects Truist's outlook on the stock amidst its current performance and market conditions.
Truist Securities vs. the S&P 500
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Truist Securities' Call on Ally Financial
Truist Securities' new target of $48 represents a reduction from the previous target of $50. The firm continues to rate the stock as a Buy, indicating confidence in the company's future despite the lowered target.
Other Institutional Activity in Ally Financial
Berkshire Hathaway, Inc. recently reduced its holdings in Ally Financial by 2,001,074 shares, now holding 27 million shares valued at about $1.06 billion. Harris Associates L.P. also trimmed its position by 303,705 shares, bringing its total to 26,105,434 shares worth around $1.02 billion. Meanwhile, Arrowstreet Capital, Limited Partnership slightly increased its stake by 79,370 shares, now owning 6,863,117 shares valued at approximately $269 million.
Ally Financial Inc. Stock Down 0.6%
ALLY shares closed at $39.19 on October 26, 2026, and recently traded around $39.06, which is about 0.3% below the closing price. The stock is trading below its 50-day moving average of $40.25 and its 200-day average of $42.06. Additionally, the shares are about 17.4% below their 52-week high of $47.29 but are 8.7% above the 52-week low of $35.92.
$ALLY price target
Ally Financial Inc. daily closes and this analyst's $48 target. Not advice.
Recent Earnings
In its latest earnings report, Ally Financial posted a trailing twelve-month revenue of approximately $7.9 billion and an EPS of $4.37. The company's revenue grew by 11.0% year-over-year, and it has a net margin of 18.4%. The next earnings report is scheduled for January 20, 2027.
Dividend
Ally Financial pays an annual dividend of $1.20 per share, which corresponds to a yield of about 3.19%. The company's dividend payout ratio is 28.2%, indicating a healthy balance between growth and returning value to shareholders.
Insider Buying and Selling at Ally Financial Inc.
Recent insider transactions include Douglas R. Timmerman, an officer, who sold 39,675 shares on April 17, 2026, at an average price of $45.17, totaling approximately $1.79 million. Stephanie N. Richard also sold 5,000 shares on May 15, 2026, for about $210,708, and another 5,000 shares on August 4, 2026, for about $221,168. Additionally, Kathleen L. Patterson sold 12,831 shares on October 21, 2026, at an average price of $38.65, valued at around $495,884.
Analysts Set New Price Targets
On October 21, 2026, several firms updated their ratings on Ally Financial. JP Morgan maintained an Overweight rating with a target of $44.00, while Evercore ISI Group downgraded its rating to In-Line with a target of $40.00. TD Cowen kept a Buy rating and adjusted its target to $52.00, and Barclays maintained an Equal-Weight rating with a target of $48.00. The consensus among 18 analysts gives Ally a mean target price of about $47.56, suggesting room for growth.
About Ally Financial
Ally Financial Inc. is a digital financial-services company based in Detroit, Michigan. It offers a range of financial products and services in the U.S. and Canada, focusing on automotive finance, insurance, and corporate finance. The company aims to provide innovative solutions to consumers and businesses alike.
Bottom Line
Investors should watch for Ally Financial's next earnings report on January 20, 2027, to gauge its ongoing performance. Truist's recent target adjustment indicates a cautious outlook, despite maintaining a Buy rating, suggesting that market conditions may still influence stock performance.
Source: Truist Securities's rating change on $ALLY (Oct 26, 2026). Written by software, not financial advice. How we make alerts