CNH Industrial N.V. $CNH Stake Cut by Strs Ohio

Strs Ohio decreased its holdings in shares of CNH Industrial N.V. (NYSE:CNH) by 89.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,987 shares of the company’s stock after selling 172,556 shares during the period. Strs Ohio’s holdings in CNH Industrial were worth $228,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. First American Bank acquired a new stake in shares of CNH Industrial in the third quarter valued at approximately $1,466,000. Massachusetts Financial Services Co. MA increased its position in CNH Industrial by 25.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,049,628 shares of the company’s stock valued at $43,938,000 after acquiring an additional 811,419 shares during the period. Callan Family Office LLC increased its position in CNH Industrial by 324.7% in the 2nd quarter. Callan Family Office LLC now owns 88,528 shares of the company’s stock valued at $1,147,000 after acquiring an additional 67,684 shares during the period. Schroder Investment Management Group raised its stake in CNH Industrial by 5,176.5% during the 2nd quarter. Schroder Investment Management Group now owns 1,917,684 shares of the company’s stock valued at $24,853,000 after acquiring an additional 1,881,340 shares in the last quarter. Finally, Texas Permanent School Fund Corp boosted its position in CNH Industrial by 15.1% during the 2nd quarter. Texas Permanent School Fund Corp now owns 864,300 shares of the company’s stock worth $11,201,000 after acquiring an additional 113,677 shares during the period. 59.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday. UBS Group lowered their target price on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. JPMorgan Chase & Co. lowered shares of CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price target for the company. in a research note on Friday, November 28th. Industrial Alliance Securities set a $13.00 price objective on shares of CNH Industrial in a report on Wednesday, January 14th. Finally, Barclays dropped their target price on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, December 22nd. Eight research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.97.

CNH Industrial Stock Performance

Shares of CNH opened at $10.97 on Tuesday. The company has a debt-to-equity ratio of 3.49, a current ratio of 13.01 and a quick ratio of 10.82. The firm’s 50 day moving average is $9.96 and its 200-day moving average is $10.78. CNH Industrial N.V. has a 12-month low of $9.00 and a 12-month high of $14.27. The stock has a market capitalization of $13.67 billion, a P/E ratio of 23.33 and a beta of 1.29.

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

Insider Transactions at CNH Industrial

In related news, Director Vagn O. Sorensen purchased 10,385 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were purchased 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 of the company’s stock, valued at $388,609.52. This trade represents a 34.60% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Howard W. Buffett acquired 4,100 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average price of $10.29 per share, for a total transaction of $42,189.00. Following the acquisition, the director owned 33,403 shares in the company, valued at approximately $343,716.87. This trade represents a 13.99% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 73,007 shares of company stock valued at $700,182 in the last three months. 0.23% of the stock is currently owned by corporate insiders.

About CNH Industrial

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.