CNH Industrial (NYSE:CNH) Trading 5.7% Higher – Here’s Why

CNH Industrial N.V. (NYSE:CNH) shares shot up 5.7% during mid-day trading on Thursday . The stock traded as high as $10.94 and last traded at $10.8750. 11,290,065 shares traded hands during trading, a decline of 20% from the average session volume of 14,038,613 shares. The stock had previously closed at $10.29.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. DA Davidson reiterated a “neutral” rating and issued a $12.00 price objective on shares of CNH Industrial in a research report on Wednesday. The Goldman Sachs Group cut CNH Industrial from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $12.00 to $10.50 in a research report on Monday, May 11th. Weiss Ratings lowered CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Citigroup upped their target price on CNH Industrial from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $15.00 target price (down from $16.00) on shares of CNH Industrial in a research report on Tuesday, August 4th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, CNH Industrial has an average rating of “Hold” and an average price target of $12.58.

CNH Industrial Price Performance

The company has a quick ratio of 10.16, a current ratio of 12.23 and a debt-to-equity ratio of 3.33. The stock has a market cap of $14.69 billion, a price-to-earnings ratio of 47.48, a price-to-earnings-growth ratio of 1.92 and a beta of 1.15. The company’s 50-day moving average is $10.66 and its 200-day moving average is $10.94.

CNH Industrial (NYSE:CNH) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.77 billion. During the same period in the previous year, the business earned $0.17 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Equities research analysts expect that CNH Industrial N.V. will post 0.45 earnings per share for the current fiscal year.

Institutional Trading of CNH Industrial

Several institutional investors have recently bought and sold shares of CNH. Integrated Wealth Concepts LLC grew its position in CNH Industrial by 12.3% in the first quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock valued at $198,000 after acquiring an additional 1,772 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of CNH Industrial by 70.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock valued at $27,856,000 after acquiring an additional 938,035 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of CNH Industrial by 56.7% during the second quarter. EverSource Wealth Advisors LLC now owns 8,206 shares of the company’s stock valued at $106,000 after acquiring an additional 2,970 shares during the period. Federated Hermes Inc. boosted its stake in shares of CNH Industrial by 29.8% in the 2nd quarter. Federated Hermes Inc. now owns 107,456 shares of the company’s stock valued at $1,393,000 after purchasing an additional 24,669 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in shares of CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after purchasing an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

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.