CNH Industrial (NYSE:CNH) Upgraded at Wall Street Zen

CNH Industrial (NYSE:CNH) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

CNH has been the topic of a number of other research reports. Barclays dropped their price target on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating on the stock in a research note on Monday, December 22nd. JPMorgan Chase & Co. downgraded shares of CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 target price on the stock. in a research report on Friday, November 28th. DA Davidson decreased 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. Industrial Alliance Securities set a $13.00 price objective on shares of CNH Industrial in a report on Wednesday, January 14th. Finally, Cfra reissued a “hold” rating and issued a $11.00 target price on shares of CNH Industrial in a research report on Monday, November 10th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $12.97.

CNH Industrial Stock Performance

Shares of CNH stock opened at $10.74 on Friday. CNH Industrial has a 12-month low of $9.00 and a 12-month high of $14.27. The business’s fifty day simple moving average is $9.93 and its 200-day simple moving average is $10.83. The company has a current ratio of 13.01, a quick ratio of 10.82 and a debt-to-equity ratio of 3.49. The company has a market cap of $13.39 billion, a PE ratio of 22.86 and a beta of 1.29.

CNH Industrial (NYSE:CNH) last posted its quarterly earnings data on Friday, November 7th. The company reported $0.08 earnings per share 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 analyst estimates of $4.22 billion. During the same period in the previous year, the business earned $0.24 EPS. The firm’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. Analysts expect that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Howard W. Buffett purchased 6,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were bought at an average cost of $9.68 per share, with a total value of $58,080.00. Following the transaction, the director owned 29,303 shares of the company’s stock, valued at approximately $283,653.04. This trade represents a 25.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Vagn O. Sorensen acquired 10,385 shares of CNH Industrial stock in a transaction on Tuesday, November 11th. The shares were bought at an average price of $9.62 per share, with a total value of $99,903.70. Following the purchase, the director directly owned 40,396 shares in the company, valued at approximately $388,609.52. The trade was a 34.60% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 73,007 shares of company stock valued at $700,182 over the last 90 days. Insiders own 1.00% of the company’s stock.

Institutional Trading of CNH Industrial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp lifted its holdings in CNH Industrial by 5.1% in the third quarter. State Street Corp now owns 37,764,717 shares of the company’s stock valued at $409,747,000 after acquiring an additional 1,834,076 shares during the period. Artisan Partners Limited Partnership increased its holdings in shares of CNH Industrial by 1.8% during the 2nd quarter. Artisan Partners Limited Partnership now owns 32,950,999 shares of the company’s stock valued at $427,045,000 after purchasing an additional 575,650 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of CNH Industrial by 17.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock valued at $282,868,000 after purchasing an additional 3,841,999 shares during the period. Alliancebernstein L.P. boosted its holdings in CNH Industrial by 6.3% during the third quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock worth $226,152,000 after buying an additional 1,239,952 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in CNH Industrial by 14.5% during the third quarter. Dimensional Fund Advisors LP now owns 18,492,138 shares of the company’s stock valued at $200,646,000 after buying an additional 2,338,847 shares during the period. 59.88% of the stock is owned by institutional investors and hedge funds.

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.