Gamco Investors INC. ET AL Raises Stock Holdings in CNH Industrial N.V. $CNH

Gamco Investors INC. ET AL lifted its stake in shares of CNH Industrial N.V. (NYSE:CNH) by 1.5% during the second quarter, Holdings Channel reports. The fund owned 8,007,587 shares of the company’s stock after purchasing an additional 120,427 shares during the quarter. CNH Industrial comprises 1.0% of Gamco Investors INC. ET AL’s portfolio, making the stock its 16th biggest holding. Gamco Investors INC. ET AL’s holdings in CNH Industrial were worth $103,778,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its stake in CNH Industrial by 0.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 304,527 shares of the company’s stock valued at $3,947,000 after purchasing an additional 999 shares during the last quarter. TD Private Client Wealth LLC raised its position in shares of CNH Industrial by 1.9% in the second quarter. TD Private Client Wealth LLC now owns 58,272 shares of the company’s stock valued at $755,000 after buying an additional 1,066 shares during the last quarter. Louisiana State Employees Retirement System raised its position in shares of CNH Industrial by 0.4% in the second quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company’s stock valued at $3,188,000 after buying an additional 1,100 shares during the last quarter. MAI Capital Management lifted its stake in shares of CNH Industrial by 17.0% during the second quarter. MAI Capital Management now owns 7,796 shares of the company’s stock valued at $101,000 after buying an additional 1,133 shares during the period. Finally, Belpointe Asset Management LLC boosted its position in CNH Industrial by 9.8% during the first quarter. Belpointe Asset Management LLC now owns 14,058 shares of the company’s stock worth $173,000 after acquiring an additional 1,251 shares during the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

CNH Industrial stock opened at $9.44 on Friday. The company has a market cap of $11.77 billion, a price-to-earnings ratio of 20.09 and a beta of 1.32. CNH Industrial N.V. has a 12 month low of $9.00 and a 12 month high of $14.27. The company has a debt-to-equity ratio of 3.49, a current ratio of 13.01 and a quick ratio of 10.82. The stock’s 50-day moving average is $10.17 and its 200-day moving average is $11.63.

CNH Industrial (NYSE:CNH) last posted its earnings results on Friday, November 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). CNH Industrial had a return on equity of 8.32% and a net margin of 3.35%.The business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same period last year, the company posted $0.24 EPS. The firm’s revenue for the quarter was down 5.5% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Equities analysts anticipate that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

Insider Transactions at CNH Industrial

In other CNH Industrial news, Director Suzanne Heywood bought 52,522 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average price of $9.52 per share, with a total value of $500,009.44. Following the purchase, the director owned 619,427 shares in the company, valued at approximately $5,896,945.04. The trade was a 9.26% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Vagn O. Sorensen bought 10,385 shares of CNH Industrial stock in a transaction that occurred on Tuesday, November 11th. The shares were acquired at an average price of $9.62 per share, for a total transaction of $99,903.70. Following the acquisition, the director directly owned 40,396 shares in the company, valued at approximately $388,609.52. This represents a 34.60% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 73,007 shares of company stock valued at $700,182 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CNH. JPMorgan Chase & Co. downgraded CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price target for the company. in a report on Friday, November 28th. Cfra reaffirmed a “hold” rating and issued a $11.00 price objective on shares of CNH Industrial in a research report on Monday, November 10th. Raymond James Financial reduced their target price on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 22nd. UBS Group lowered their price target on CNH Industrial from $16.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Finally, DA Davidson dropped their price objective on shares of CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, CNH Industrial presently has a consensus rating of “Moderate Buy” and an average price target of $13.41.

CNH Industrial 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.