CNH Industrial N.V. $CNH Shares Purchased by Swiss National Bank

Swiss National Bank increased its holdings in shares of CNH Industrial N.V. (NYSE:CNH) by 9.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,560,498 shares of the company’s stock after purchasing an additional 228,500 shares during the period. Swiss National Bank’s holdings in CNH Industrial were worth $28,165,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. State Street Corp raised its stake in shares of CNH Industrial by 5.1% in the third quarter. State Street Corp now owns 37,764,717 shares of the company’s stock valued at $409,747,000 after acquiring an additional 1,834,076 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in CNH Industrial by 45.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock valued at $247,338,000 after purchasing an additional 8,332,615 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in CNH Industrial by 17.3% during 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 in the last quarter. Tweedy Browne Co LLC grew its stake in CNH Industrial by 51.9% during the 4th quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock worth $186,068,000 after purchasing an additional 6,899,583 shares in the last quarter. Finally, Alliancebernstein L.P. increased its holdings in CNH Industrial by 7.6% during the 2nd quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock worth $254,062,000 after purchasing an additional 1,382,861 shares during the period. 59.88% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $10.13, for a total transaction of $490,140.05. Following the completion of the sale, the insider owned 71,926 shares in the company, valued at approximately $728,610.38. The trade was a 40.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

CNH has been the topic of a number of analyst reports. DA Davidson reaffirmed a “neutral” rating and issued a $12.00 price target on shares of CNH Industrial in a research report on Monday, May 4th. Evercore set a $12.25 target price on shares of CNH Industrial in a research note on Monday, May 11th. Truist Financial set a $16.00 target price on shares of CNH Industrial in a report on Friday, May 1st. Weiss Ratings downgraded shares of CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, July 14th. Finally, Barclays lifted their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 1st. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.77.

CNH Industrial Trading Down 0.8%

CNH opened at $10.62 on Friday. 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 N.V. has a one year low of $9.00 and a one year high of $13.35. The company has a market cap of $13.17 billion, a P/E ratio of 34.25, a PEG ratio of 2.05 and a beta of 1.14. The business’s 50-day simple moving average is $10.54 and its 200-day simple moving average is $10.92.

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