CNH Industrial (NYSE:CNH) Director Suzanne Heywood Acquires 52,522 Shares

CNH Industrial N.V. (NYSE:CNH) Director Suzanne Heywood purchased 52,522 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were acquired at an average cost of $9.52 per share, with a total value of $500,009.44. Following the completion of the purchase, the director directly owned 619,427 shares in the company, valued at $5,896,945.04. The trade was a 9.26% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

CNH Industrial Stock Performance

Shares of CNH Industrial stock opened at $9.66 on Thursday. The company has a quick ratio of 10.34, a current ratio of 12.33 and a debt-to-equity ratio of 3.52. The stock’s fifty day moving average is $10.53 and its two-hundred day moving average is $11.93. CNH Industrial N.V. has a 52 week low of $9.00 and a 52 week high of $14.27. The company has a market capitalization of $12.03 billion, a PE ratio of 14.85 and a beta of 1.52.

CNH Industrial (NYSE:CNH) last issued its earnings results on Friday, November 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). The company had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.22 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The firm’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, analysts expect that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

Hedge Funds Weigh In On CNH Industrial

Hedge funds have recently made changes to their positions in the company. Callan Family Office LLC lifted its position in shares of CNH Industrial by 324.7% in the second quarter. Callan Family Office LLC now owns 88,528 shares of the company’s stock valued at $1,147,000 after acquiring an additional 67,684 shares in the last quarter. Polianta Ltd acquired a new position in CNH Industrial during the second quarter worth about $1,310,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in CNH Industrial by 13.6% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 759,291 shares of the company’s stock valued at $9,840,000 after acquiring an additional 90,999 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in CNH Industrial in the 2nd quarter worth approximately $7,981,000. Finally, Strs Ohio grew its position in shares of CNH Industrial by 41.8% in the second quarter. Strs Ohio now owns 193,543 shares of the company’s stock valued at $2,508,000 after purchasing an additional 57,080 shares in the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Raymond James Financial cut their price target on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. dropped their price objective on CNH Industrial from $12.00 to $10.50 and set a “neutral” rating on the stock in a research report on Monday, November 10th. DA Davidson cut their target price on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of CNH Industrial in a report on Monday. Finally, Cfra reaffirmed a “hold” rating and issued a $11.00 price objective on shares of CNH Industrial in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, CNH Industrial presently has an average rating of “Moderate Buy” and an average price target of $13.67.

CNH Industrial Company Profile

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.