Citigroup Inc. Increases Stake in CNH Industrial N.V. $CNH

Citigroup Inc. increased its stake in CNH Industrial N.V. (NYSE:CNH) by 148.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,521,087 shares of the company’s stock after purchasing an additional 2,698,775 shares during the period. Citigroup Inc. owned 0.36% of CNH Industrial worth $49,054,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of CNH. Artisan Partners Limited Partnership increased its position in shares of CNH Industrial by 1.8% in the 2nd quarter. Artisan Partners Limited Partnership now owns 32,950,999 shares of the company’s stock valued at $427,045,000 after acquiring an additional 575,650 shares during the period. Alliancebernstein L.P. grew its stake in CNH Industrial by 7.6% during the 2nd quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock valued at $254,062,000 after purchasing an additional 1,382,861 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of CNH Industrial by 0.8% in the second quarter. Geode Capital Management LLC now owns 15,406,302 shares of the company’s stock valued at $199,047,000 after purchasing an additional 119,918 shares during the period. JPMorgan Chase & Co. raised its stake in shares of CNH Industrial by 14.8% in the third quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock worth $90,364,000 after purchasing an additional 1,072,138 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of CNH Industrial by 8.9% during the third quarter. Thrivent Financial for Lutherans now owns 8,217,192 shares of the company’s stock worth $89,157,000 after purchasing an additional 672,238 shares during the period. Institutional investors and hedge funds own 59.88% of the company’s stock.

Wall Street Analysts Forecast Growth

CNH has been the subject of a number of recent research reports. Wall Street Zen raised shares of CNH Industrial from a “sell” rating to a “hold” rating in a research report on Saturday. Robert W. Baird raised their target price on shares of CNH Industrial from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, February 18th. Weiss Ratings restated a “sell (d+)” rating on shares of CNH Industrial in a research report on Monday, December 29th. Oppenheimer increased 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, Cfra reiterated a “hold” rating and set a $11.00 price objective on shares of CNH Industrial in a research note on Monday, November 10th. Eight analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $13.37.

CNH Industrial Stock Performance

NYSE CNH opened at $12.77 on Wednesday. The stock has a market capitalization of $15.91 billion, a price-to-earnings ratio of 31.91 and a beta of 1.29. The stock has a 50-day moving average of $10.92 and a 200 day moving average of $10.75. The company has a current ratio of 3.82, a quick ratio of 3.25 and a debt-to-equity ratio of 3.44. CNH Industrial N.V. has a twelve month low of $9.00 and a twelve month high of $14.27.

CNH Industrial (NYSE:CNH) last announced its earnings results on Tuesday, February 17th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.08. CNH Industrial had a return on equity of 8.90% and a net margin of 2.82%.The business had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $4.91 billion. During the same period in the prior year, the company posted $0.15 EPS. The business’s quarterly revenue was up 5.8% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. Sell-side 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.