CNH Industrial (NYSE:CNH) Reaches New 12-Month High on Analyst Upgrade

CNH Industrial N.V. (NYSE:CNH)’s share price reached a new 52-week high during mid-day trading on Wednesday after Weiss Ratings upgraded the stock from a sell (d+) rating to a hold (c-) rating. The stock traded as high as $13.31 and last traded at $13.3590, with a volume of 14354899 shares. The stock had previously closed at $12.50.

A number of other analysts have also weighed in on CNH. DA Davidson restated a “neutral” rating and issued a $12.00 target price on shares of CNH Industrial in a research note on Wednesday, August 19th. Truist Financial reiterated a “buy” rating and set a $15.00 price target (down from $16.00) on shares of CNH Industrial in a research report on Tuesday, August 4th. JPMorgan Chase & Co. increased their price objective on shares of CNH Industrial from $9.50 to $10.00 and gave the stock an “underweight” rating in a report on Monday, July 13th. Evercore upgraded shares of CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 price objective for the company in a research report on Wednesday. Finally, The Goldman Sachs Group downgraded shares of CNH Industrial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $12.00 to $10.50 in a research note on Monday, May 11th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.10.

Hedge Funds Weigh In On CNH Industrial

Large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased 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 worth $198,000 after purchasing an additional 1,772 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of CNH Industrial by 70.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock valued at $27,856,000 after purchasing an additional 938,035 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of CNH Industrial by 56.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,206 shares of the company’s stock valued at $106,000 after purchasing an additional 2,970 shares during the last quarter. Federated Hermes Inc. grew its position in shares of CNH Industrial by 29.8% during the 2nd quarter. Federated Hermes Inc. now owns 107,456 shares of the company’s stock worth $1,393,000 after buying an additional 24,669 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in shares of CNH Industrial by 0.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock worth $2,344,000 after buying an additional 1,100 shares during the period. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Stock Performance

The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. The company has a market cap of $17.13 billion, a price-to-earnings ratio of 55.36, a PEG ratio of 2.40 and a beta of 1.17. The firm’s 50-day moving average price is $10.98 and its 200 day moving average price is $10.94.

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

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.