AustralianSuper Pty Ltd Sells 956,765 Shares of CNH Industrial N.V. $CNH

AustralianSuper Pty Ltd cut its position in CNH Industrial N.V. (NYSE:CNH) by 56.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 730,877 shares of the company’s stock after selling 956,765 shares during the quarter. AustralianSuper Pty Ltd owned about 0.06% of CNH Industrial worth $7,930,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Artisan Partners Limited Partnership increased its holdings in CNH Industrial by 1.8% in the 2nd quarter. Artisan Partners Limited Partnership now owns 32,950,999 shares of the company’s stock worth $427,045,000 after acquiring an additional 575,650 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of CNH Industrial by 7.6% in the second quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock worth $254,062,000 after purchasing an additional 1,382,861 shares in the last quarter. Geode Capital Management LLC raised its position 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. lifted its stake in shares of CNH Industrial by 14.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock valued at $90,364,000 after buying an additional 1,072,138 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in CNH Industrial by 8.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,217,192 shares of the company’s stock worth $89,157,000 after buying an additional 672,238 shares during the period. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

NYSE CNH opened at $12.09 on Wednesday. CNH Industrial N.V. has a 52-week low of $9.00 and a 52-week high of $14.27. The company has a fifty day moving average of $11.19 and a 200-day moving average of $10.75. The company has a market capitalization of $15.00 billion, a P/E ratio of 30.22, a P/E/G ratio of 1.77 and a beta of 1.24. The company has a debt-to-equity ratio of 3.44, a quick ratio of 11.36 and a current ratio of 13.34.

CNH Industrial (NYSE:CNH) last released its quarterly earnings results on Tuesday, February 17th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates 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 $4.45 billion for the quarter, compared to the consensus estimate of $4.91 billion. During the same quarter last year, the business posted $0.15 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. As a group, equities research analysts predict that CNH Industrial N.V. will post 0.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CNH. iA Financial set a $13.00 target price on shares of CNH Industrial in a report on Wednesday, January 14th. Wall Street Zen upgraded CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. Cfra reiterated a “hold” rating and set a $11.00 price target on shares of CNH Industrial in a research report on Monday, November 10th. Oppenheimer boosted their price objective on shares of CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Finally, UBS Group cut their price target on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating for the company in a report on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, CNH Industrial presently has a consensus rating of “Hold” and an average target price of $13.37.

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.