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

Wall Street Zen upgraded shares of CNH Industrial (NYSE:CNH) from a sell rating to a hold rating in a research note issued to investors on Saturday.

CNH has been the subject of several other reports. UBS Group decreased their price objective 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CNH Industrial in a research note on Monday, December 29th. JPMorgan Chase & Co. downgraded CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a research note on Friday, November 28th. Truist Financial set a $12.00 target price on CNH Industrial in a research note on Wednesday, January 14th. Finally, Industrial Alliance Securities set a $13.00 price target on shares of CNH Industrial in a research report on Wednesday, January 14th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, CNH Industrial has an average rating of “Hold” and a consensus price target of $12.97.

CNH Industrial Stock Performance

Shares of NYSE CNH opened at $10.97 on Friday. CNH Industrial has a 12-month low of $9.00 and a 12-month high of $14.27. The company has a market cap of $13.67 billion, a PE ratio of 23.33 and a beta of 1.29. The stock has a 50 day simple moving average of $9.96 and a 200-day simple moving average of $10.78. The company has a current ratio of 13.01, a quick ratio of 10.82 and a debt-to-equity ratio of 3.49.

CNH Industrial (NYSE:CNH) last announced its earnings results on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.05). The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The firm’s revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 EPS. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. On average, equities research analysts forecast that CNH Industrial will post 0.7 EPS for the current year.

Insider Buying and Selling

In related news, Director Howard W. Buffett acquired 6,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were purchased at an average price of $9.68 per share, for a total transaction of $58,080.00. Following the acquisition, the director owned 29,303 shares in the company, valued at approximately $283,653.04. This represents a 25.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Suzanne Heywood acquired 52,522 shares of CNH Industrial stock in a transaction on Tuesday, November 18th. The shares were purchased 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 of the company’s stock, valued at approximately $5,896,945.04. This represents a 9.26% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have purchased 73,007 shares of company stock valued at $700,182. 0.23% of the stock is owned by corporate insiders.

Institutional Trading of CNH Industrial

Several large investors have recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of CNH Industrial by 5.1% in the third quarter. State Street Corp now owns 37,764,717 shares of the company’s stock worth $409,747,000 after buying an additional 1,834,076 shares during the period. Artisan Partners Limited Partnership lifted its stake 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 in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in 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 worth $282,868,000 after acquiring an additional 3,841,999 shares in the last quarter. Alliancebernstein L.P. boosted its position in CNH Industrial by 6.3% during the 3rd quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock worth $226,152,000 after acquiring an additional 1,239,952 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in CNH Industrial by 14.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 18,492,138 shares of the company’s stock valued at $200,646,000 after acquiring an additional 2,338,847 shares in the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

About CNH Industrial

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.