CNH Industrial N.V. $CNH Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its position in CNH Industrial N.V. (NYSE:CNH) by 3.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,088,771 shares of the company’s stock after acquiring an additional 76,652 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.17% of CNH Industrial worth $22,663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Forum Financial Management LP increased its stake in CNH Industrial by 10.3% during the third quarter. Forum Financial Management LP now owns 42,050 shares of the company’s stock valued at $456,000 after purchasing an additional 3,922 shares during the last quarter. Parnassus Investments LLC boosted its holdings in shares of CNH Industrial by 9.0% in the 3rd quarter. Parnassus Investments LLC now owns 20,174 shares of the company’s stock valued at $219,000 after buying an additional 1,663 shares during the period. Benjamin Edwards Inc. boosted its holdings in shares of CNH Industrial by 9.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 11,894 shares of the company’s stock valued at $129,000 after buying an additional 1,006 shares during the period. SG Americas Securities LLC raised its stake in CNH Industrial by 573.4% during the third quarter. SG Americas Securities LLC now owns 335,172 shares of the company’s stock worth $3,637,000 after acquiring an additional 285,397 shares during the period. Finally, HB Wealth Management LLC raised its stake in CNH Industrial by 17.2% during the third quarter. HB Wealth Management LLC now owns 22,771 shares of the company’s stock worth $247,000 after acquiring an additional 3,335 shares during the period. 59.88% of the stock is currently owned by institutional investors.

CNH Industrial Trading Up 1.1%

Shares of CNH stock opened at $10.94 on Friday. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $14.27. The firm has a market capitalization of $13.64 billion, a PE ratio of 23.28 and a beta of 1.29. The stock has a fifty day moving average of $9.71 and a two-hundred day moving average of $11.02. The company has a debt-to-equity ratio of 3.49, a quick ratio of 10.82 and a current ratio of 13.01.

CNH Industrial (NYSE:CNH) last issued 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 analyst estimates of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. CNH Industrial’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same period last year, the business posted $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, research analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CNH. Cfra reaffirmed a “hold” rating and set a $11.00 target price on shares of CNH Industrial in a report on Monday, November 10th. Weiss Ratings restated a “sell (d+)” rating on shares of CNH Industrial in a research note on Monday, December 29th. DA Davidson dropped their target price 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. Raymond James Financial reduced their price target on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. Finally, UBS Group lowered their price target on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.97.

Insiders Place Their Bets

In related news, Director Suzanne Heywood purchased 52,522 shares of CNH Industrial stock in a transaction dated Tuesday, November 18th. The stock was bought at an average cost 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Vagn O. Sorensen acquired 10,385 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were bought at an average price of $9.62 per share, for a total transaction of $99,903.70. Following the purchase, the director directly owned 40,396 shares of the company’s stock, valued at approximately $388,609.52. This trade represents a 34.60% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 73,007 shares of company stock worth $700,182. 1.00% of the stock is owned by corporate insiders.

CNH Industrial Company Profile

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.