Legal & General Group Plc Decreases Holdings in CNH Industrial N.V. $CNH

Legal & General Group Plc decreased its position in shares of CNH Industrial N.V. (NYSE:CNH) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,323,289 shares of the company’s stock after selling 629,357 shares during the quarter. Legal & General Group Plc’s holdings in CNH Industrial were worth $39,861,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of CNH Industrial during the 3rd quarter worth approximately $29,000. Clearstead Advisors LLC boosted its stake in shares of CNH Industrial by 132.7% during the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock worth $37,000 after acquiring an additional 1,924 shares in the last quarter. Elevation Wealth Partners LLC purchased a new stake in shares of CNH Industrial during the 4th quarter worth approximately $31,000. Advisory Services Network LLC purchased a new stake in shares of CNH Industrial during the 3rd quarter worth approximately $37,000. Finally, Transamerica Financial Advisors LLC boosted its stake in shares of CNH Industrial by 923.2% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock worth $47,000 after acquiring an additional 3,296 shares in the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Price Performance

CNH stock opened at $10.22 on Friday. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $14.27. The company has a debt-to-equity ratio of 3.32, a quick ratio of 10.17 and a current ratio of 12.27. The stock’s 50 day moving average price is $10.64 and its 200 day moving average price is $10.63. The firm has a market cap of $12.67 billion, a P/E ratio of 32.96, a PEG ratio of 1.40 and a beta of 1.18.

CNH Industrial (NYSE:CNH) last posted its earnings results on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.01. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The firm had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same quarter in the prior year, the company earned $0.10 EPS. CNH Industrial’s revenue was down .1% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. On average, sell-side analysts expect that CNH Industrial N.V. will post 0.41 earnings per share for the current fiscal year.

CNH Industrial Cuts Dividend

The firm also recently declared an annual dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were issued a $0.10 dividend. The ex-dividend date was Thursday, May 21st. This represents a yield of 98.0%. CNH Industrial’s payout ratio is 32.26%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CNH shares. Evercore set a $12.25 price target on CNH Industrial in a research note on Monday, May 11th. Sanford C. Bernstein began coverage on CNH Industrial in a research note on Thursday, May 7th. They issued a “market perform” rating and a $11.00 target price on the stock. Barclays upped their target price on CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Truist Financial set a $16.00 target price on CNH Industrial in a research note on Friday, May 1st. Finally, Oppenheimer upped their target price on CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Six investment 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. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $12.77.

Insiders Place Their Bets

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $10.13, for a total value of $490,140.05. Following the completion of the transaction, the insider directly owned 71,926 shares in the company, valued at approximately $728,610.38. The trade was a 40.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.18% of the company’s stock.

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.