Brokerages Set CNH Industrial N.V. (NYSE:CNH) PT at $12.77

Shares of CNH Industrial N.V. (NYSE:CNH) have been given an average recommendation of “Hold” by the seventeen ratings firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $12.7667.

A number of brokerages have recently weighed in on CNH. Truist Financial reaffirmed a “buy” rating and set a $13.00 target price (down previously from $14.00) on shares of CNH Industrial in a research note on Monday, November 10th. DA Davidson cut their price objective on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of CNH Industrial in a research report on Monday, December 29th. Cfra restated a “hold” rating and issued a $11.00 target price on shares of CNH Industrial in a research note on Monday, November 10th. Finally, Barclays reduced their price target on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating on the stock in a research note on Monday, December 22nd.

Insider Activity at CNH Industrial

In other CNH Industrial news, Director Suzanne Heywood purchased 52,522 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was purchased at an average price of $9.52 per share, for a total transaction of $500,009.44. Following the completion of the purchase, the director directly owned 619,427 shares of the company’s stock, valued at $5,896,945.04. This trade represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Vagn O. Sorensen bought 10,385 shares of the business’s stock in a transaction on Tuesday, November 11th. The stock was bought at an average cost of $9.62 per share, with a total value of $99,903.70. Following the transaction, the director owned 40,396 shares in the company, valued at $388,609.52. This trade represents a 34.60% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 73,007 shares of company stock valued at $700,182. 1.00% of the stock is owned by corporate insiders.

Institutional Trading of CNH Industrial

A number of hedge funds and other institutional investors have recently bought and sold shares of CNH. First American Bank acquired a new position in shares of CNH Industrial in the 3rd quarter valued at $1,466,000. Callan Family Office LLC grew its stake in CNH Industrial by 324.7% during the 2nd quarter. Callan Family Office LLC now owns 88,528 shares of the company’s stock valued at $1,147,000 after purchasing an additional 67,684 shares during the last quarter. Schroder Investment Management Group increased its holdings in shares of CNH Industrial by 5,176.5% in the second quarter. Schroder Investment Management Group now owns 1,917,684 shares of the company’s stock valued at $24,853,000 after purchasing an additional 1,881,340 shares during the period. Texas Permanent School Fund Corp increased its holdings in shares of CNH Industrial by 15.1% in the second quarter. Texas Permanent School Fund Corp now owns 864,300 shares of the company’s stock valued at $11,201,000 after purchasing an additional 113,677 shares during the period. Finally, Squarepoint Ops LLC raised its stake in shares of CNH Industrial by 28.4% in the second quarter. Squarepoint Ops LLC now owns 4,296,849 shares of the company’s stock worth $55,687,000 after purchasing an additional 951,551 shares during the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Up 4.2%

NYSE CNH opened at $10.31 on Tuesday. 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 has a market capitalization of $12.85 billion, a PE ratio of 21.94 and a beta of 1.29. CNH Industrial has a 1 year low of $9.00 and a 1 year high of $14.27. The business’s 50-day moving average is $9.68 and its 200 day moving average is $11.11.

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

About CNH Industrial

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company’s product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.