Crossmark Global Holdings Inc. Purchases 101,499 Shares of CNH Industrial N.V. $CNH

Crossmark Global Holdings Inc. boosted its position in CNH Industrial N.V. (NYSE:CNH) by 132.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,357 shares of the company’s stock after buying an additional 101,499 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in CNH Industrial were worth $1,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Benjamin Edwards Inc. raised its stake in shares of CNH Industrial by 9.2% during the third quarter. Benjamin Edwards Inc. now owns 11,894 shares of the company’s stock worth $129,000 after acquiring an additional 1,006 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after purchasing an additional 1,100 shares in the last quarter. MAI Capital Management grew its holdings in shares of CNH Industrial by 17.0% during the 2nd quarter. MAI Capital Management now owns 7,796 shares of the company’s stock valued at $101,000 after purchasing an additional 1,133 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in shares of CNH Industrial by 0.5% during the 3rd quarter. Louisiana State Employees Retirement System now owns 247,200 shares of the company’s stock valued at $2,682,000 after purchasing an additional 1,200 shares during the last quarter. Finally, State of Michigan Retirement System raised its position in CNH Industrial by 0.5% in the 3rd quarter. State of Michigan Retirement System now owns 246,300 shares of the company’s stock worth $2,672,000 after purchasing an additional 1,200 shares during the period. 59.88% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. DA Davidson boosted their price target on shares of CNH Industrial from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. downgraded CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a report on Friday, November 28th. Citigroup boosted their target price on CNH Industrial from $12.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Oppenheimer raised their price target on CNH Industrial from $13.00 to $16.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Finally, Truist Financial set a $12.00 price target on CNH Industrial in a research note on Wednesday, January 14th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $13.37.

CNH Industrial Price Performance

CNH stock opened at $11.16 on Monday. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of 27.89, a PEG ratio of 1.61 and a beta of 1.24. The firm’s 50-day moving average price is $11.32 and its two-hundred day moving average price is $10.73. The company has a current ratio of 13.34, a quick ratio of 11.36 and a debt-to-equity ratio of 3.44. CNH Industrial N.V. has a 12-month low of $9.00 and a 12-month high of $14.27.

CNH Industrial (NYSE:CNH) last posted its earnings results on Tuesday, February 17th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. The company had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.91 billion. CNH Industrial had a net margin of 2.82% and a return on equity of 8.90%. CNH Industrial’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.15 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. As a group, equities analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

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.