Glenmede Trust Co. NA Sells 159,786 Shares of CNH Industrial N.V. $CNH

Glenmede Trust Co. NA lessened its holdings in CNH Industrial N.V. (NYSE:CNH) by 93.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,989 shares of the company’s stock after selling 159,786 shares during the period. Glenmede Trust Co. NA’s holdings in CNH Industrial were worth $121,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CNH. NewEdge Advisors LLC increased its position in CNH Industrial by 143.3% during the first quarter. NewEdge Advisors LLC now owns 62,948 shares of the company’s stock worth $692,000 after buying an additional 37,076 shares during the last quarter. Edgestream Partners L.P. bought a new stake in shares of CNH Industrial during the 1st quarter worth about $751,000. Bull Harbor Capital LLC bought a new stake in shares of CNH Industrial during the 1st quarter worth about $243,000. Parvin Asset Management LLC increased its holdings in shares of CNH Industrial by 31.0% during the 1st quarter. Parvin Asset Management LLC now owns 48,225 shares of the company’s stock valued at $530,000 after acquiring an additional 11,425 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of CNH Industrial by 20.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 17,093 shares of the company’s stock valued at $188,000 after acquiring an additional 2,920 shares during the last quarter. 59.88% of the stock is currently owned by institutional investors.

CNH Industrial Stock Down 3.9%

NYSE:CNH opened at $10.48 on Tuesday. The stock has a 50-day moving average price of $10.67 and a two-hundred day moving average price of $10.96. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $13.31. The company has a current ratio of 12.23, a quick ratio of 10.16 and a debt-to-equity ratio of 3.33. The stock has a market cap of $12.97 billion, a price-to-earnings ratio of 41.92, a PEG ratio of 1.93 and a beta of 1.15.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The company had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.77 billion. During the same quarter in the prior year, the firm earned $0.17 earnings per share. The firm’s revenue was up 2.0% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, equities analysts expect that CNH Industrial N.V. will post 0.45 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of CNH Industrial from $9.50 to $10.00 and gave the company an “underweight” rating in a research report on Monday, July 13th. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 29th. Evercore set a $12.25 target price on shares of CNH Industrial in a research report on Monday, May 11th. DA Davidson reiterated a “neutral” rating and issued a $12.00 price objective on shares of CNH Industrial in a research report on Monday, May 4th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of CNH Industrial in a research note on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $12.58.

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.