CNH Industrial N.V. $CNH Shares Sold by Clearbridge Investments LLC

Clearbridge Investments LLC decreased its position in shares of CNH Industrial N.V. (NYSE:CNH) by 7.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 972,896 shares of the company’s stock after selling 80,485 shares during the period. Clearbridge Investments LLC’s holdings in CNH Industrial were worth $8,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of CNH Industrial by 14.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock worth $90,364,000 after purchasing an additional 1,072,138 shares during the period. Alliancebernstein L.P. grew its stake in shares of CNH Industrial by 6.3% during the 3rd quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock worth $226,152,000 after purchasing an additional 1,239,952 shares during the period. National Pension Service acquired a new position in shares of CNH Industrial in the fourth quarter worth about $2,620,000. Eubel Brady & Suttman Asset Management Inc. raised its position in shares of CNH Industrial by 33.6% in the third quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,007,597 shares of the company’s stock worth $21,782,000 after acquiring an additional 505,221 shares during the period. Finally, Tudor Investment Corp ET AL raised its position in shares of CNH Industrial by 317.5% in the third quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock worth $44,241,000 after acquiring an additional 3,100,766 shares during the period. Institutional investors and hedge funds own 59.88% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of CNH Industrial in a research report on Friday, May 29th. 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. Sanford C. Bernstein initiated coverage on shares of CNH Industrial in a research report on Thursday, May 7th. They issued a “market perform” rating and a $11.00 price objective for the company. Evercore set a $12.25 price objective on CNH Industrial in a report on Monday, May 11th. Finally, Wall Street Zen raised CNH Industrial from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Six analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, CNH Industrial has a consensus rating of “Hold” and a consensus target price of $12.77.

Insider Transactions at CNH Industrial

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

CNH Industrial Trading Down 4.9%

CNH stock opened at $10.21 on Thursday. The company has a current ratio of 12.27, a quick ratio of 10.17 and a debt-to-equity ratio of 3.32. CNH Industrial N.V. has a 12-month low of $9.00 and a 12-month high of $14.27. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of 32.94, a PEG ratio of 1.47 and a beta of 1.16. The business’s 50-day moving average is $10.66 and its 200 day moving average is $10.68.

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

CNH Industrial Cuts Dividend

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

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.