CNH Industrial (NYSE:CNH) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of CNH Industrial (NYSE:CNH) from a hold rating to a sell rating in a research note published on Saturday morning.

CNH has been the topic of a number of other reports. Raymond James Financial dropped their price target on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of CNH Industrial in a research report on Monday, December 29th. Industrial Alliance Securities set a $13.00 target price on CNH Industrial in a research note on Wednesday, January 14th. Truist Financial set a $12.00 target price on CNH Industrial in a report on Wednesday, January 14th. Finally, 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 research report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.97.

CNH Industrial Stock Performance

Shares of CNH opened at $10.94 on Friday. The company has a debt-to-equity ratio of 3.49, a quick ratio of 10.82 and a current ratio of 13.01. The stock has a 50 day moving average price of $9.74 and a two-hundred day moving average price of $10.96. The firm has a market capitalization of $13.64 billion, a P/E ratio of 23.28 and a beta of 1.29. CNH Industrial has a 52 week low of $9.00 and a 52 week high of $14.27.

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

Insider Buying and Selling at CNH Industrial

In other news, Director Suzanne Heywood bought 52,522 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average cost of $9.52 per share, with a total value of $500,009.44. Following the completion of the acquisition, the director owned 619,427 shares of the company’s stock, valued at approximately $5,896,945.04. This represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Howard W. Buffett bought 4,100 shares of the stock in a transaction on Wednesday, November 12th. The shares were bought at an average price of $10.29 per share, for a total transaction of $42,189.00. Following the purchase, the director directly owned 33,403 shares in the company, valued at approximately $343,716.87. This trade represents a 13.99% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders purchased 73,007 shares of company stock worth $700,182. 0.23% of the stock is currently owned by insiders.

Institutional Trading of CNH Industrial

Large investors have recently added to or reduced their stakes in the business. State Street Corp boosted its stake in shares of CNH Industrial by 5.1% during the 3rd quarter. State Street Corp now owns 37,764,717 shares of the company’s stock worth $409,747,000 after acquiring an additional 1,834,076 shares during the last quarter. Artisan Partners Limited Partnership raised its holdings in CNH Industrial by 1.8% in the 2nd quarter. Artisan Partners Limited Partnership now owns 32,950,999 shares of the company’s stock worth $427,045,000 after purchasing an additional 575,650 shares during the period. Hotchkis & Wiley Capital Management LLC raised its holdings in CNH Industrial by 17.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock worth $282,868,000 after purchasing an additional 3,841,999 shares during the period. Alliancebernstein L.P. lifted its position in CNH Industrial by 6.3% during the third quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock valued at $226,152,000 after purchasing an additional 1,239,952 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of CNH Industrial by 14.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 18,492,138 shares of the company’s stock valued at $200,646,000 after acquiring an additional 2,338,847 shares during the period. 59.88% of the stock is currently owned by institutional investors.

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.