CNH Industrial N.V. (NYSE:CNH – Get Free Report) has been given a consensus rating of “Hold” by the fifteen brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $13.30.
Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. increased their target price on CNH Industrial from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, October 8th. Evercore raised CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 target price on the stock in a research note on Wednesday, September 2nd. DA Davidson reissued a “neutral” rating and set a $12.00 price target on shares of CNH Industrial in a report on Wednesday, August 19th. Truist Financial boosted their price target on shares of CNH Industrial from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Finally, Robert W. Baird raised CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 target price on the stock in a report on Monday, August 31st.
Check Out Our Latest Analysis on CNH
CNH Industrial Stock Up 2.4%
CNH Industrial (NYSE:CNH – Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%. The company had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.77 billion. During the same period last year, the firm earned $0.17 earnings per share. The company’s revenue was up 2.0% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, sell-side analysts predict that CNH Industrial will post 0.45 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Bessemer Group Inc. boosted its stake in shares of CNH Industrial by 4.0% during the 1st quarter. Bessemer Group Inc. now owns 29,415 shares of the company’s stock worth $323,000 after buying an additional 1,121 shares during the last quarter. Cloverfields Capital Group LP grew its position in shares of CNH Industrial by 1.0% in the 1st quarter. Cloverfields Capital Group LP now owns 136,220 shares of the company’s stock valued at $1,498,000 after acquiring an additional 1,304 shares during the period. Evolve Private Wealth LLC grew its position in shares of CNH Industrial by 8.2% in the 1st quarter. Evolve Private Wealth LLC now owns 20,532 shares of the company’s stock valued at $226,000 after acquiring an additional 1,554 shares during the period. Parallel Advisors LLC increased its position in CNH Industrial by 33.4% during the first quarter. Parallel Advisors LLC now owns 6,325 shares of the company’s stock worth $70,000 after buying an additional 1,585 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of CNH Industrial by 41.2% in the first quarter. Fifth Third Bancorp now owns 6,932 shares of the company’s stock valued at $76,000 after buying an additional 2,021 shares during the last quarter. 59.88% of the stock is owned by hedge funds and other institutional investors.
CNH Industrial Company Profile
CNH Industrial N.V. is a global manufacturer of agriculture and construction equipment. The company develops, produces and sells machinery, technologies and services used in farming, road building, infrastructure development and related industries.
Its agriculture business offers tractors, combines, harvesting equipment, planting and seeding machinery, hay and forage equipment, sprayers and precision-agriculture technologies. Its construction portfolio includes excavators, loaders, dozers, compactors, graders and other equipment.
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