Invst LLC Makes New $643,000 Investment in CNH Industrial N.V. $CNH

Invst LLC purchased a new position in CNH Industrial N.V. (NYSE:CNH) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 52,344 shares of the company’s stock, valued at approximately $643,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of CNH Industrial by 186.0% in the 1st quarter. Vanguard Group Inc. now owns 90,704,159 shares of the company’s stock worth $1,113,847,000 after buying an additional 58,991,632 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of CNH Industrial by 1.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 21,001,755 shares of the company’s stock worth $257,719,000 after buying an additional 395,005 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of CNH Industrial by 125.8% in the 1st quarter. Alliancebernstein L.P. now owns 18,220,662 shares of the company’s stock worth $223,750,000 after buying an additional 10,149,760 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of CNH Industrial by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,779,377 shares of the company’s stock worth $181,481,000 after buying an additional 471,610 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of CNH Industrial by 0.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,605,783 shares of the company’s stock worth $105,679,000 after buying an additional 36,343 shares during the last quarter. 59.88% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Evercore ISI boosted their price target on shares of CNH Industrial from $13.00 to $15.00 and gave the stock an “in-line” rating in a report on Monday, May 19th. Oppenheimer boosted their price target on shares of CNH Industrial from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Citigroup boosted their price target on shares of CNH Industrial from $14.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, May 30th. JPMorgan Chase & Co. lowered their price objective on CNH Industrial from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 2nd. Finally, The Goldman Sachs Group cut CNH Industrial from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $12.50 to $11.50 in a research note on Wednesday, July 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $15.13.

CNH Industrial Trading Down 2.3%

Shares of CNH Industrial stock opened at $10.97 on Friday. CNH Industrial N.V. has a 52-week low of $10.00 and a 52-week high of $14.27. The stock’s 50-day simple moving average is $12.42 and its 200 day simple moving average is $12.45. The stock has a market capitalization of $13.72 billion, a P/E ratio of 16.87 and a beta of 1.51. The company has a debt-to-equity ratio of 3.52, a quick ratio of 10.34 and a current ratio of 12.33.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The firm had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.47 billion. During the same period in the prior year, the business posted $0.38 earnings per share. The company’s revenue was down 14.2% on a year-over-year basis. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. As a group, research analysts anticipate that CNH Industrial N.V. will post 0.7 EPS for the current year.

CNH Industrial Company Profile

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.