GAMMA Investing LLC Grows Stock Position in CNH Industrial N.V. $CNH

GAMMA Investing LLC boosted its stake in CNH Industrial N.V. (NYSE:CNH) by 44.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,454 shares of the company’s stock after acquiring an additional 3,229 shares during the quarter. GAMMA Investing LLC’s holdings in CNH Industrial were worth $135,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mission Wealth Management LP grew its position in shares of CNH Industrial by 3.0% during the first quarter. Mission Wealth Management LP now owns 36,842 shares of the company’s stock worth $452,000 after buying an additional 1,056 shares in the last quarter. Belpointe Asset Management LLC grew its position in shares of CNH Industrial by 9.8% during the first quarter. Belpointe Asset Management LLC now owns 14,058 shares of the company’s stock worth $173,000 after buying an additional 1,251 shares in the last quarter. Avantax Advisory Services Inc. grew its position in shares of CNH Industrial by 3.6% during the first quarter. Avantax Advisory Services Inc. now owns 37,241 shares of the company’s stock worth $457,000 after buying an additional 1,280 shares in the last quarter. Fifth Third Bancorp grew its position 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 buying an additional 1,416 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of CNH Industrial by 12.3% during the first quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock worth $198,000 after buying an additional 1,772 shares in the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

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 sale, the insider directly owned 14,940 shares in the company, valued at approximately $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 can be accessed through this link. Insiders own 0.23% of the company’s stock.

CNH Industrial Stock Performance

Shares of CNH opened at $10.85 on Wednesday. The business’s fifty day moving average price is $11.86 and its 200 day moving average price is $12.30. CNH Industrial N.V. has a 12-month low of $10.00 and a 12-month high of $14.27. The stock has a market capitalization of $13.57 billion, a PE ratio of 16.69 and a beta of 1.51. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The firm had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.47 billion. During the same period last year, the business posted $0.38 earnings per share. The firm’s revenue for the quarter was down 14.2% on a year-over-year basis. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. Equities research analysts forecast that CNH Industrial N.V. will post 0.7 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CNH shares. JPMorgan Chase & Co. decreased their price target on shares of CNH Industrial from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, September 2nd. The Goldman Sachs Group downgraded shares of CNH Industrial from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $12.50 to $11.50 in a research report on Wednesday, July 16th. Finally, Oppenheimer decreased their price target on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating for the company in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, CNH Industrial presently has an average rating of “Moderate Buy” and an average target price of $14.95.

CNH Industrial Profile

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.