CNH Industrial (NYSE:CNH) Upgraded at Evercore

Evercore upgraded shares of CNH Industrial (NYSE:CNH) from an in-line rating to an outperform rating in a research note issued to investors on Wednesday morning, Marketbeat.com reports. Evercore currently has $18.00 price objective on the stock.

Several other research analysts have also weighed in on the company. Weiss Ratings lowered CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. DA Davidson restated a “neutral” rating and set a $12.00 price target on shares of CNH Industrial in a research note on Wednesday, August 19th. Sanford C. Bernstein restated a “market perform” rating on shares of CNH Industrial in a research note on Tuesday, August 4th. BMO Capital Markets raised their price objective on CNH Industrial from $11.00 to $12.00 and gave the stock a “market perform” rating in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $12.00 to $10.50 in a research note on Monday, May 11th. Eight research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, CNH Industrial has a consensus rating of “Hold” and a consensus price target of $13.10.

CNH Industrial Stock Performance

Shares of CNH stock opened at $14.38 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 firm has a market capitalization of $17.80 billion, a price-to-earnings ratio of 57.52, a price-to-earnings-growth ratio of 2.44 and a beta of 1.17. CNH Industrial has a one year low of $9.00 and a one year high of $14.46. The company has a 50 day moving average price of $11.05 and a 200 day moving average price of $10.96.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.77 billion. During the same quarter last year, the business earned $0.17 EPS. CNH Industrial’s revenue for the quarter was up 2.0% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Sell-side analysts anticipate that CNH Industrial will post 0.45 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC boosted its position in CNH Industrial by 395.2% in the 4th quarter. AQR Capital Management LLC now owns 17,308,839 shares of the company’s stock valued at $159,587,000 after buying an additional 13,813,670 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of CNH Industrial by 267.6% during the first quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company’s stock worth $202,682,000 after acquiring an additional 13,413,731 shares during the last quarter. California State Teachers Retirement System lifted its stake in shares of CNH Industrial by 855.2% in the second quarter. California State Teachers Retirement System now owns 13,390,776 shares of the company’s stock worth $150,378,000 after acquiring an additional 11,988,857 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of CNH Industrial in the fourth quarter worth about $89,964,000. Finally, Dimensional Fund Advisors LP boosted its holdings in CNH Industrial by 45.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock valued at $247,338,000 after purchasing an additional 8,332,615 shares during the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

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.