Farther Finance Advisors LLC Has $256,000 Stock Holdings in CNH Industrial N.V. $CNH

Farther Finance Advisors LLC raised its stake in CNH Industrial N.V. (NYSE:CNH) by 561.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,739 shares of the company’s stock after acquiring an additional 16,756 shares during the period. Farther Finance Advisors LLC’s holdings in CNH Industrial were worth $256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Mission Wealth Management LP increased its stake in shares of CNH Industrial by 3.0% in the 1st quarter. Mission Wealth Management LP now owns 36,842 shares of the company’s stock valued at $452,000 after purchasing an additional 1,056 shares during the last quarter. Belpointe Asset Management LLC grew its position in CNH Industrial by 9.8% during the 1st quarter. Belpointe Asset Management LLC now owns 14,058 shares of the company’s stock worth $173,000 after acquiring an additional 1,251 shares during the last quarter. Avantax Advisory Services Inc. grew its position in CNH Industrial by 3.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 37,241 shares of the company’s stock worth $457,000 after acquiring an additional 1,280 shares during the last quarter. Fifth Third Bancorp grew its position in shares of CNH Industrial by 29.3% in the 1st quarter. Fifth Third Bancorp now owns 6,241 shares of the company’s stock valued at $77,000 after buying an additional 1,416 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of CNH Industrial by 12.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock valued at $198,000 after buying an additional 1,772 shares during the last quarter. Institutional investors own 59.88% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. The Goldman Sachs Group lowered 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. JPMorgan Chase & Co. reduced their price target on CNH Industrial from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 2nd. Finally, Oppenheimer reduced their price target on CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, CNH Industrial currently has a consensus rating of “Moderate Buy” and an average price target of $14.95.

Insider Transactions at CNH Industrial

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of the firm’s stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $12.53, for a total value of $153,755.63. Following the completion of the sale, the insider directly owned 14,940 shares of the company’s stock, valued at $187,198.20. This trade represents a 45.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.23% of the stock is owned by corporate insiders.

CNH Industrial Stock Down 0.5%

CNH stock opened at $10.85 on Wednesday. CNH Industrial N.V. has a twelve month low of $10.00 and a twelve month high of $14.27. The company has a quick ratio of 10.34, a current ratio of 12.33 and a debt-to-equity ratio of 3.52. The stock’s 50 day moving average is $11.86 and its 200-day moving average is $12.30. The firm has a market capitalization of $13.57 billion, a PE ratio of 16.69 and a beta of 1.51.

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