CNH Industrial N.V. $CNH Shares Bought by MilWealth Group LLC

MilWealth Group LLC lifted its stake in CNH Industrial N.V. (NYSE:CNH) by 33.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,059 shares of the company’s stock after acquiring an additional 4,059 shares during the period. CNH Industrial accounts for approximately 0.1% of MilWealth Group LLC’s holdings, making the stock its 27th biggest position. MilWealth Group LLC’s holdings in CNH Industrial were worth $208,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in CNH. GAMMA Investing LLC lifted its stake in shares of CNH Industrial by 169.2% in the 1st quarter. GAMMA Investing LLC now owns 7,225 shares of the company’s stock worth $89,000 after acquiring an additional 4,541 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of CNH Industrial by 3.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 112,875 shares of the company’s stock worth $1,386,000 after acquiring an additional 4,077 shares during the period. Asset Management One Co. Ltd. lifted its stake in shares of CNH Industrial by 4.2% in the 1st quarter. Asset Management One Co. Ltd. now owns 362,238 shares of the company’s stock worth $4,448,000 after acquiring an additional 14,672 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in shares of CNH Industrial by 105.6% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 305,977 shares of the company’s stock worth $3,757,000 after acquiring an additional 157,172 shares during the period. Finally, Transcend Capital Advisors LLC acquired a new stake in shares of CNH Industrial in the 1st quarter worth approximately $139,000. 59.88% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CNH Industrial in a research note on Friday. JPMorgan Chase & Co. cut their target price on shares of CNH Industrial from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Tuesday, September 2nd. The Goldman Sachs Group lowered shares of CNH Industrial from a “buy” rating to a “neutral” rating and cut their target price for the company from $12.50 to $11.50 in a research note on Wednesday, July 16th. Raymond James Financial cut their target price on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. Finally, Oppenheimer cut their target price on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating for the company in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, CNH Industrial currently has an average rating of “Moderate Buy” and a consensus price target of $14.65.

CNH Industrial Stock Down 0.1%

CNH stock opened at $10.78 on Monday. CNH Industrial N.V. has a 52-week low of $9.87 and a 52-week high of $14.27. The company’s 50 day simple moving average is $11.10 and its 200-day simple moving average is $12.11. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. The firm has a market capitalization of $13.48 billion, a P/E ratio of 16.58 and a beta of 1.51.

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

Insiders Place Their Bets

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $12.53, for a total value of $153,755.63. Following the transaction, the insider owned 14,940 shares in the company, valued at approximately $187,198.20. This represents a 45.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.00% of the company’s stock.

About CNH Industrial

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.