CNH Industrial N.V. $CNH Stake Raised by Schroder Investment Management Group

Schroder Investment Management Group grew its holdings in shares of CNH Industrial N.V. (NYSE:CNH) by 5,176.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,917,684 shares of the company’s stock after purchasing an additional 1,881,340 shares during the period. Schroder Investment Management Group’s holdings in CNH Industrial were worth $24,853,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in CNH. Callan Family Office LLC boosted its holdings in CNH Industrial by 324.7% during the second quarter. Callan Family Office LLC now owns 88,528 shares of the company’s stock worth $1,147,000 after buying an additional 67,684 shares in the last quarter. Polianta Ltd bought a new position in shares of CNH Industrial in the second quarter valued at $1,310,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of CNH Industrial by 13.6% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 759,291 shares of the company’s stock valued at $9,840,000 after acquiring an additional 90,999 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. boosted its stake in shares of CNH Industrial by 4.0% during the 2nd quarter. Eubel Brady & Suttman Asset Management Inc. now owns 1,502,376 shares of the company’s stock worth $19,471,000 after acquiring an additional 57,562 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of CNH Industrial in the 2nd quarter worth $7,981,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

Insiders Place Their Bets

In related news, Director Suzanne Heywood purchased 52,522 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average cost of $9.52 per share, with a total value of $500,009.44. Following the completion of the purchase, the director owned 619,427 shares of the company’s stock, valued at $5,896,945.04. The trade was a 9.26% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Howard W. Buffett acquired 4,100 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average price of $10.29 per share, with a total value of $42,189.00. Following the completion of the acquisition, the director owned 33,403 shares of the company’s stock, valued at $343,716.87. This represents a 13.99% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 73,007 shares of company stock worth $700,182 in the last quarter. 0.23% of the stock is currently owned by corporate insiders.

CNH Industrial Stock Down 0.6%

Shares of CNH Industrial stock opened at $9.26 on Wednesday. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $14.27. The company has a market cap of $11.55 billion, a P/E ratio of 19.71 and a beta of 1.32. The company has a current ratio of 13.01, a quick ratio of 10.82 and a debt-to-equity ratio of 3.49. The stock has a 50-day moving average price of $10.26 and a 200 day moving average price of $11.71.

CNH Industrial (NYSE:CNH) last issued its earnings results on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). The business had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. CNH Industrial’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 EPS. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on CNH. Barclays reduced their target price on CNH Industrial from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Monday, October 20th. DA Davidson cut their price objective on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, November 11th. Raymond James Financial reduced their price objective on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. UBS Group decreased their target price on shares of CNH Industrial from $16.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Finally, Oppenheimer dropped their target price on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.41.

About CNH Industrial

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.