Diamond Hill Capital Management LLC Investment Advisor Purchases Shares of 299,254 CNH Industrial N.V. $CNH

Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of CNH Industrial N.V. (NYSE:CNH) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 299,254 shares of the company’s stock, valued at approximately $3,361,000.

Other hedge funds have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of CNH Industrial in the 3rd quarter worth about $29,000. Advisory Services Network LLC bought a new stake in CNH Industrial during the 3rd quarter worth approximately $37,000. Rothschild Investment LLC increased its holdings in CNH Industrial by 1,734.2% during the 4th quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock worth $32,000 after purchasing an additional 3,295 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of CNH Industrial by 923.2% in the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock worth $47,000 after purchasing an additional 3,296 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of CNH Industrial in the fourth quarter worth approximately $34,000. 59.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. DA Davidson reaffirmed a “neutral” rating and set a $12.00 target price on shares of CNH Industrial in a research report on Monday, May 4th. Citigroup increased their price target on CNH Industrial from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of CNH Industrial in a report on Tuesday, August 4th. Weiss Ratings lowered shares of CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Finally, The Goldman Sachs Group downgraded shares of CNH Industrial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $12.00 to $10.50 in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.58.

CNH Industrial Trading Down 1.0%

Shares of CNH opened at $10.34 on Tuesday. CNH Industrial N.V. has a fifty-two week low of $9.00 and a fifty-two week high of $13.31. The business has a 50-day moving average of $10.64 and a 200 day moving average of $10.94. The firm has a market cap of $12.80 billion, a P/E ratio of 41.36, a price-to-earnings-growth ratio of 1.83 and a beta of 1.15. The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23.

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