CNH Industrial N.V. $CNH Shares Sold by Marathon Asset Management Ltd

Marathon Asset Management Ltd cut its position in CNH Industrial N.V. (NYSE:CNH) by 4.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,473,058 shares of the company’s stock after selling 578,939 shares during the period. CNH Industrial comprises about 5.0% of Marathon Asset Management Ltd’s portfolio, making the stock its largest position. Marathon Asset Management Ltd owned approximately 1.00% of CNH Industrial worth $135,333,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Polianta Ltd grew its holdings in shares of CNH Industrial by 26.8% in the 3rd quarter. Polianta Ltd now owns 128,200 shares of the company’s stock valued at $1,390,000 after buying an additional 27,100 shares during the period. QSM Asset Management Ltd lifted its holdings in CNH Industrial by 9.9% during the third quarter. QSM Asset Management Ltd now owns 587,490 shares of the company’s stock worth $6,336,000 after acquiring an additional 52,888 shares in the last quarter. Trium Capital LLP lifted its holdings in CNH Industrial by 71.5% during the third quarter. Trium Capital LLP now owns 66,305 shares of the company’s stock worth $719,000 after acquiring an additional 27,641 shares in the last quarter. Swedbank AB grew its stake in CNH Industrial by 5.0% in the third quarter. Swedbank AB now owns 604,786 shares of the company’s stock valued at $6,562,000 after acquiring an additional 29,065 shares during the period. Finally, DAVENPORT & Co LLC increased its holdings in shares of CNH Industrial by 13.5% in the third quarter. DAVENPORT & Co LLC now owns 22,883 shares of the company’s stock worth $248,000 after acquiring an additional 2,726 shares in the last quarter. 59.88% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CNH has been the topic of a number of research analyst reports. Oppenheimer dropped 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. Industrial Alliance Securities set a $10.00 target price on CNH Industrial in a research note on Thursday, November 27th. Truist Financial restated a “buy” rating and set a $13.00 target price (down from $14.00) on shares of CNH Industrial in a report on Monday, November 10th. DA Davidson reduced their price target on shares of CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a report on Tuesday, November 11th. Finally, Cfra reissued a “hold” rating and set a $11.00 price objective on shares of CNH Industrial in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.09.

CNH Industrial Trading Up 0.6%

NYSE:CNH opened at $9.45 on Monday. The company has a market cap of $11.77 billion, a P/E ratio of 20.10 and a beta of 1.32. CNH Industrial N.V. has a twelve month low of $9.00 and a twelve month high of $14.27. The business has a 50 day moving average price of $9.86 and a two-hundred day moving average price of $11.29. The company has a quick ratio of 10.82, a current ratio of 13.01 and a debt-to-equity ratio of 3.49.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). CNH Industrial had a return on equity of 8.32% and a net margin of 3.35%.The business had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the prior year, the firm earned $0.24 EPS. The business’s revenue for the quarter was down 5.5% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current fiscal year.

Insider Transactions at CNH Industrial

In other CNH Industrial news, Director Howard W. Buffett acquired 6,000 shares of CNH Industrial stock in a transaction dated Tuesday, November 11th. The stock was bought at an average cost of $9.68 per share, for a total transaction of $58,080.00. Following the purchase, the director directly owned 29,303 shares in the company, valued at approximately $283,653.04. This represents a 25.75% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Suzanne Heywood bought 52,522 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were bought at an average price of $9.52 per share, for a total transaction of $500,009.44. Following the acquisition, the director directly owned 619,427 shares of the company’s stock, valued at $5,896,945.04. This represents a 9.26% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 73,007 shares of company stock worth $700,182 in the last three months. Insiders own 0.23% of the company’s stock.

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.