Squarepoint Ops LLC Has $9.76 Million Holdings in CNH Industrial N.V. $CNH

Squarepoint Ops LLC trimmed its position in shares of CNH Industrial N.V. (NYSE:CNH) by 72.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 868,925 shares of the company’s stock after selling 2,261,476 shares during the quarter. Squarepoint Ops LLC’s holdings in CNH Industrial were worth $9,758,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Daiwa Securities Group Inc. raised its stake in shares of CNH Industrial by 0.6% in the second quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after acquiring an additional 1,100 shares during the last quarter. Bessemer Group Inc. raised its position in CNH Industrial by 4.0% in the 1st quarter. Bessemer Group Inc. now owns 29,415 shares of the company’s stock valued at $323,000 after purchasing an additional 1,121 shares during the last quarter. ProShare Advisors LLC raised its position in CNH Industrial by 2.6% in the 4th quarter. ProShare Advisors LLC now owns 47,074 shares of the company’s stock valued at $434,000 after purchasing an additional 1,187 shares during the last quarter. Cloverfields Capital Group LP boosted its stake in CNH Industrial by 1.0% in the first quarter. Cloverfields Capital Group LP now owns 136,220 shares of the company’s stock worth $1,498,000 after purchasing an additional 1,304 shares in the last quarter. Finally, Parnassus Investments LLC boosted its stake in CNH Industrial by 6.7% in the fourth quarter. Parnassus Investments LLC now owns 21,529 shares of the company’s stock worth $198,000 after purchasing an additional 1,355 shares in the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CNH shares. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, September 2nd. Robert W. Baird raised shares of CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 price objective on the stock in a report on Monday, August 31st. BMO Capital Markets raised their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their target price on shares of CNH Industrial from $9.50 to $10.00 and gave the stock an “underweight” rating in a research note on Monday, July 13th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of CNH Industrial in a research report on Tuesday, August 4th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $13.10.

CNH Industrial Price Performance

CNH Industrial stock opened at $13.50 on Friday. The business’s 50-day simple moving average is $11.27 and its 200 day simple moving average is $10.97. 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 $16.71 billion, a price-to-earnings ratio of 54.00, a P/E/G ratio of 2.45 and a beta of 1.17. CNH Industrial N.V. has a 12-month low of $9.00 and a 12-month high of $14.46.

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, topping the consensus estimate of $0.11 by $0.02. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The firm had revenue of $4.80 billion during the quarter, compared to analysts’ expectations of $4.77 billion. During the same period in the previous year, the business posted $0.17 EPS. The company’s quarterly 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. As a group, research analysts anticipate that CNH Industrial N.V. will post 0.45 earnings per share for the current year.

CNH Industrial Profile

CNH Industrial N.V. (NYSE:CNH) is a global manufacturer of agricultural and construction equipment. The company develops, produces and sells machinery, technology and related services for farming, infrastructure development, road building and other industrial applications.

Its agricultural portfolio includes tractors, combines, harvesters, seeding and planting equipment, hay and forage machinery, sprayers and precision-agriculture technologies. Key agricultural brands include Case IH, New Holland Agriculture and STEYR, while the company’s precision-technology offerings include products and solutions associated with Raven Industries.

CNH’s construction business offers equipment such as excavators, wheel loaders, dozers, graders, skid steers and compact track loaders through brands including CASE Construction Equipment and New Holland Construction.