Great Lakes Advisors LLC Buys Shares of 2,711,773 CNH Industrial N.V. $CNH

Great Lakes Advisors LLC purchased a new stake in shares of CNH Industrial N.V. (NYSE:CNH) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,711,773 shares of the company’s stock, valued at approximately $30,453,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. National Pension Service bought a new stake in shares of CNH Industrial during the 4th quarter valued at about $2,620,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of CNH Industrial by 21.0% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 915,808 shares of the company’s stock worth $8,563,000 after purchasing an additional 158,729 shares during the period. Sei Investments Co. lifted its stake in shares of CNH Industrial by 61.3% in the 1st quarter. Sei Investments Co. now owns 4,666,201 shares of the company’s stock worth $51,330,000 after purchasing an additional 1,774,178 shares during the period. CWM LLC boosted its holdings in shares of CNH Industrial by 113.6% in the fourth quarter. CWM LLC now owns 414,233 shares of the company’s stock worth $3,819,000 after buying an additional 220,328 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of CNH Industrial by 5.3% in the fourth quarter. BNP Paribas Financial Markets now owns 7,108,081 shares of the company’s stock worth $65,537,000 after buying an additional 360,898 shares during the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on CNH. Weiss Ratings cut shares of CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. lifted their price target on shares of CNH Industrial from $9.50 to $10.00 and gave the stock an “underweight” rating in a research note on Monday, July 13th. Sanford C. Bernstein reissued a “market perform” rating on shares of CNH Industrial in a research report on Tuesday, August 4th. BMO Capital Markets upped their price objective on CNH Industrial from $11.00 to $12.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. Finally, Evercore set a $12.25 target price on CNH Industrial in a research report on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, CNH Industrial has a consensus rating of “Hold” and a consensus target price of $12.58.

CNH Industrial Stock Performance

Shares of NYSE CNH opened at $10.06 on Wednesday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. The company has a market cap of $12.46 billion, a P/E ratio of 40.26, a P/E/G ratio of 1.83 and a beta of 1.15. The firm’s fifty day moving average is $10.62 and its two-hundred day moving average is $10.94. CNH Industrial N.V. has a 52-week low of $9.00 and a 52-week high of $13.31.

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 during 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 business’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, analysts anticipate that CNH Industrial N.V. will post 0.45 EPS for the current fiscal year.

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.