Pictet Asset Management Holding SA Sells 1,562,765 Shares of CNH Industrial N.V. $CNH

Pictet Asset Management Holding SA lowered its position in shares of CNH Industrial N.V. (NYSE:CNH) by 30.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,612,400 shares of the company’s stock after selling 1,562,765 shares during the period. Pictet Asset Management Holding SA’s holdings in CNH Industrial were worth $39,679,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new position in CNH Industrial in the 3rd quarter valued at $29,000. Elevation Wealth Partners LLC purchased a new position in shares of CNH Industrial during the 4th quarter valued at $31,000. Rothschild Investment LLC increased its holdings in shares of CNH Industrial by 1,734.2% in the fourth quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock worth $32,000 after purchasing an additional 3,295 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of CNH Industrial in the fourth quarter worth $34,000. Finally, Clearstead Advisors LLC raised its position in shares of CNH Industrial by 132.7% in the third quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock worth $37,000 after buying an additional 1,924 shares in the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on CNH. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 25th. Citigroup raised their price target on CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a report on Monday, April 13th. Sanford C. Bernstein initiated coverage on CNH Industrial in a research report on Thursday, May 7th. They set a “market perform” rating and a $11.00 price target for the company. Truist Financial set a $16.00 price objective on CNH Industrial in a report on Friday, May 1st. Finally, The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $12.00 to $10.50 in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $12.77.

Insider Buying and Selling at CNH Industrial

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $10.13, for a total transaction of $490,140.05. Following the transaction, the insider directly owned 71,926 shares of the company’s stock, valued at approximately $728,610.38. This trade represents a 40.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.18% of the company’s stock.

CNH Industrial Stock Performance

NYSE CNH opened at $11.23 on Wednesday. CNH Industrial N.V. has a 52-week low of $9.00 and a 52-week high of $14.27. The company has a fifty day moving average of $10.55 and a 200-day moving average of $10.79. The company has a market capitalization of $13.93 billion, a P/E ratio of 36.24, a P/E/G ratio of 1.56 and a beta of 1.16. The company has a debt-to-equity ratio of 3.32, a quick ratio of 10.17 and a current ratio of 12.27.

CNH Industrial (NYSE:CNH) last released its earnings results on Thursday, April 30th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The business had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same quarter in the prior year, the firm earned $0.10 earnings per share. The firm’s revenue was down .1% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. As a group, equities research analysts predict that CNH Industrial N.V. will post 0.41 EPS for the current fiscal year.

CNH Industrial 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.