Truist Securities Cuts Ally Financial (ALLY) Price Target to $50
Key Points
- Truist Securities reiterated its Buy rating on Ally Financial Inc. while lowering its price target from $51.00 to $50.00 on September 23, 2026.
- Truist Securities's $50 price target implies 31.10% upside from Ally Financial Inc.'s ($ALLY) current $38.14 share price.
- Major institutional investors adjusted their holdings recently, including Berkshire Hathaway ending the quarter with 27.0 million shares.
- Ally Financial trades near $38.14 as investors await the next quarterly financial update scheduled for October 20, 2026.
Since the rating, $ALLY is down 2.5% after 1 week and down 2.3% to date (from the $38.58 close on Sep 23, 2026).
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Truist Securities reaffirmed its Buy rating on Ally Financial Inc. (NYSE: ALLY) while adjusting its price target from $51.00 to $50.00 on September 23, 2026. The research note outlines the firm's forward-looking perspective on the digital financial-services provider as shares traded around $38.58 on the day of the announcement.
ALLY
Ally Financial Inc.
Other Institutional Activity in Ally Financial Inc.
Large financial institutions adjusted their positions in Ally Financial during recent reporting periods. Berkshire Hathaway, Inc reduced its holdings by 2,001,074 shares, ending with 27,000,000 shares worth about $1,017,360,008. Harris Associates L.P. trimmed its stake by 303,705 shares to finish with 26,105,434 shares valued at roughly $983,652,761. Sessa Capital IM, L.P. kept its stake steady at 8,488,098 shares worth about $319,831,535. Meanwhile, Arrowstreet Capital, Limited Partnership grew its holdings by 79,370 shares, ending with 6,863,117 shares valued at about $258,602,250.
Ally Financial Inc. Stock Down 4.6%
Ally Financial shares recently traded around $38.14, sitting about 1.1% below their $38.58 close on the date of the Truist note.
$ALLY price target
Ally Financial Inc. daily closes and this analyst's $50 target. Not advice.
Recent Earnings
Ally Financial generated $7,897,999,872 in trailing-twelve-month revenue alongside earnings of $4.25 per share. The company is set to report its next round of financial results on October 20, 2026.
Dividend
Eligible shareholders receive an annual dividend rate of $1.20 per share, backed by a payout ratio of 28.2%.
Insider Buying and Selling at Ally Financial Inc.
Company insiders completed three recorded share sales earlier in the year. Officer Douglas R. Timmerman sold 39,675 shares on April 17, 2026, at an average price of $45.17 for a total of $1,792,175. Officer Stephanie N. Richard sold 5,000 shares on May 15, 2026, at $42.14 per share totaling $210,708, and later sold another 5,000 shares on August 4, 2026, at $44.23 per share for a total of $221,168.
Analysts Set New Price Targets
Several Wall Street firms updated their views on Ally Financial following the September update. Citigroup maintained a Buy rating while lowering its target from $58.00 to $50.00 on September 25, 2026. Wells Fargo downgraded the stock to an Equal-Weight rating with a $42.00 target on September 30, 2026. UBS maintained a Buy rating and moved its target to $50.00 from $54.00 on October 5, 2026. Raymond James kept a Strong Buy rating while adjusting its target from $55.00 to $52.00 on October 6, 2026. TD Cowen maintained a Buy rating with a $54.00 target on October 6, 2026.
About Ally Financial Inc.
Ally Financial Inc. operates as a digital financial-services company offering consumer banking, auto financing, corporate finance, and insurance solutions across the United States and Canada. The company focuses heavily on digital-first banking and vehicle lending operations.
Bottom Line
Investors will look toward Ally Financial's upcoming earnings release on October 20, 2026, for fresh details on automotive finance and digital banking metrics. Truist Securities continues to hold a favorable long-term view on the stock despite recent target adjustments across the broader analyst community.
Related Filing Alerts
Source: Truist Securities's rating change on $ALLY (Sep 23, 2026). Written by software, not financial advice. How we make alerts