CNH Industrial N.V. $CNH Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC increased its position in shares of CNH Industrial N.V. (NYSE:CNH) by 3.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 226,421 shares of the company’s stock after purchasing an additional 7,164 shares during the period. HighTower Advisors LLC’s holdings in CNH Industrial were worth $2,780,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Teacher Retirement System of Texas acquired a new position in shares of CNH Industrial during the first quarter worth $1,570,000. Fifth Third Bancorp grew its stake in shares of CNH Industrial by 29.3% during the first quarter. Fifth Third Bancorp now owns 6,241 shares of the company’s stock worth $77,000 after purchasing an additional 1,416 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of CNH Industrial by 450.0% during the first quarter. SG Americas Securities LLC now owns 60,202 shares of the company’s stock worth $739,000 after purchasing an additional 49,256 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of CNH Industrial during the fourth quarter worth $1,233,000. Finally, GAMMA Investing LLC grew its stake in shares of CNH Industrial by 169.2% during the first quarter. GAMMA Investing LLC now owns 7,225 shares of the company’s stock worth $89,000 after purchasing an additional 4,541 shares in the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

Analysts Set New Price Targets

CNH has been the subject of a number of research reports. Evercore ISI boosted their price target on shares of CNH Industrial from $13.00 to $15.00 and gave the company an “in-line” rating in a research report on Monday, May 19th. The Goldman Sachs Group cut shares of CNH Industrial from a “buy” rating to a “neutral” rating and reduced their price target for the company from $12.50 to $11.50 in a research report on Wednesday, July 16th. Oppenheimer boosted their price target on shares of CNH Industrial from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. UBS Group boosted their price target on shares of CNH Industrial from $13.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Finally, Citigroup boosted their price target on shares of CNH Industrial from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, May 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CNH Industrial currently has an average rating of “Moderate Buy” and an average price target of $15.21.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $12.3750 on Friday. The company has a 50-day simple moving average of $12.88 and a 200-day simple moving average of $12.58. CNH Industrial N.V. has a one year low of $9.92 and a one year high of $14.27. The company has a debt-to-equity ratio of 3.52, a quick ratio of 10.34 and a current ratio of 12.33. The stock has a market capitalization of $15.48 billion, a price-to-earnings ratio of 19.04 and a beta of 1.54.

CNH Industrial (NYSE:CNH) last announced its earnings results on Friday, August 1st. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.47 billion. During the same period in the prior year, the company earned $0.38 earnings per share. The business’s revenue was down 14.2% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. On average, analysts predict that CNH Industrial N.V. will post 0.7 EPS for the current year.

About CNH Industrial

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.