CNH Industrial N.V. $CNH Position Lifted by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc raised its stake in CNH Industrial N.V. (NYSE:CNH) by 20.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 33,855 shares of the company’s stock after purchasing an additional 5,705 shares during the period. Ensign Peak Advisors Inc’s holdings in CNH Industrial were worth $439,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CNH. Public Employees Retirement System of Ohio lifted its stake in CNH Industrial by 0.3% during the second quarter. Public Employees Retirement System of Ohio now owns 304,527 shares of the company’s stock worth $3,947,000 after purchasing an additional 999 shares during the last quarter. TD Private Client Wealth LLC raised its holdings in shares of CNH Industrial by 1.9% during the second quarter. TD Private Client Wealth LLC now owns 58,272 shares of the company’s stock worth $755,000 after purchasing an additional 1,066 shares during the period. Louisiana State Employees Retirement System lifted its position in shares of CNH Industrial by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company’s stock worth $3,188,000 after buying an additional 1,100 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in shares of CNH Industrial by 9.8% in the 1st quarter. Belpointe Asset Management LLC now owns 14,058 shares of the company’s stock valued at $173,000 after buying an additional 1,251 shares during the period. Finally, Avantax Advisory Services Inc. grew its position in shares of CNH Industrial by 3.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 37,241 shares of the company’s stock valued at $457,000 after buying an additional 1,280 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

Insider Buying and Selling

In other news, Director Vagn O. Sorensen purchased 10,385 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was acquired at an average price of $9.62 per share, with a total value of $99,903.70. Following the purchase, the director owned 40,396 shares in the company, valued at $388,609.52. This represents a 34.60% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Howard W. Buffett purchased 4,100 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of $10.29 per share, for a total transaction of $42,189.00. Following the acquisition, the director directly owned 33,403 shares in the company, valued at $343,716.87. This represents a 13.99% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders purchased 73,007 shares of company stock worth $700,182. 1.00% of the stock is owned by company insiders.

CNH Industrial Price Performance

CNH stock opened at $9.42 on Monday. CNH Industrial N.V. has a one year low of $9.00 and a one year high of $14.27. The firm has a 50-day moving average of $10.32 and a two-hundred day moving average of $11.77. The firm has a market capitalization of $11.73 billion, a PE ratio of 14.48 and a beta of 1.52. The company has a current ratio of 12.33, a quick ratio of 10.34 and a debt-to-equity ratio of 3.52.

CNH Industrial (NYSE:CNH) last released its quarterly earnings results on Friday, November 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The firm’s revenue was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.24 EPS. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. On average, analysts forecast that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CNH. JPMorgan Chase & Co. cut CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 target price on the stock. in a research note on Friday. Raymond James Financial reduced their target price on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. Cfra restated a “hold” rating and issued a $11.00 target price on shares of CNH Industrial in a research report on Monday, November 10th. Oppenheimer dropped their price target on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a research note on Thursday, September 18th. Finally, Industrial Alliance Securities set a $10.00 price objective on CNH Industrial in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, CNH Industrial has a consensus rating of “Moderate Buy” and an average target price of $13.41.

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.