CNH Industrial N.V. $CNH Shares Bought by Alliancebernstein L.P.

Alliancebernstein L.P. raised its position in shares of CNH Industrial N.V. (NYSE:CNH) by 6.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,843,475 shares of the company’s stock after acquiring an additional 1,239,952 shares during the quarter. Alliancebernstein L.P. owned approximately 1.67% of CNH Industrial worth $226,152,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CNH. First American Bank acquired a new stake in shares of CNH Industrial during the third quarter worth about $1,466,000. Thrivent Financial for Lutherans lifted its holdings in shares of CNH Industrial by 8.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,217,192 shares of the company’s stock valued at $89,157,000 after purchasing an additional 672,238 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of 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 purchasing an additional 811,419 shares during the period. Eubel Brady & Suttman Asset Management Inc. grew its stake in CNH Industrial by 33.6% during the 3rd quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,007,597 shares of the company’s stock worth $21,782,000 after buying an additional 505,221 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in CNH Industrial by 14.8% during the third quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock worth $90,364,000 after buying an additional 1,072,138 shares during the period. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CNH has been the topic of several recent analyst reports. Truist Financial set a $12.00 target price on CNH Industrial in a research report on Wednesday, January 14th. Weiss Ratings upgraded shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. Oppenheimer increased their target price on CNH Industrial from $13.00 to $16.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. UBS Group lowered their price target on CNH Industrial from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Finally, JPMorgan Chase & Co. cut CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 target price for the company. in a report on Friday, November 28th. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, CNH Industrial currently has an average rating of “Hold” and an average price target of $13.23.

CNH Industrial Price Performance

Shares of NYSE CNH opened at $10.64 on Monday. CNH Industrial N.V. has a 1-year low of $9.00 and a 1-year high of $14.27. The business has a 50-day moving average of $11.48 and a 200-day moving average of $10.69. The company has a debt-to-equity ratio of 3.44, a current ratio of 13.34 and a quick ratio of 11.36. The company has a market capitalization of $13.21 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 1.59 and a beta of 1.24.

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

CNH Industrial 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.