CNH Industrial (NYSE:CNH – Get Free Report) had its target price boosted by analysts at Truist Financial from $15.00 to $17.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price target indicates a potential upside of 27.95% from the company’s current price.
CNH has been the subject of several other research reports. JPMorgan Chase & Co. lifted their price target on CNH Industrial from $9.50 to $10.00 and gave the stock an “underweight” rating in a research note on Monday, July 13th. BMO Capital Markets raised their target price on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “market perform” rating in a report on Tuesday, August 4th. Weiss Ratings raised shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Sanford C. Bernstein reiterated a “market perform” rating on shares of CNH Industrial in a research report on Tuesday, August 4th. Finally, Citigroup raised their price objective on shares of CNH Industrial from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, CNH Industrial currently has an average rating of “Hold” and an average price target of $13.23.
Read Our Latest Analysis on CNH
CNH Industrial Stock Performance
CNH Industrial (NYSE:CNH – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) 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 business had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.77 billion. During the same quarter last year, the firm posted $0.17 EPS. The business’s revenue was up 2.0% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Analysts expect that CNH Industrial will post 0.45 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its holdings in shares of CNH Industrial by 27.5% during the second quarter. Sequoia Financial Advisors LLC now owns 37,074 shares of the company’s stock worth $416,000 after buying an additional 7,986 shares in the last quarter. Tidal Investments LLC lifted its stake in shares of CNH Industrial by 1,043.7% during the second quarter. Tidal Investments LLC now owns 797,749 shares of the company’s stock valued at $8,959,000 after buying an additional 727,999 shares during the period. Arizona State Retirement System boosted its position in CNH Industrial by 4.9% during the second quarter. Arizona State Retirement System now owns 249,001 shares of the company’s stock worth $2,796,000 after acquiring an additional 11,732 shares during the last quarter. Corient Private Wealth LP boosted its position in CNH Industrial by 146.3% during the second quarter. Corient Private Wealth LP now owns 148,264 shares of the company’s stock worth $1,665,000 after acquiring an additional 88,077 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in CNH Industrial in the 2nd quarter worth approximately $104,000. Institutional investors and hedge funds own 59.88% of the company’s stock.
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.
Further Reading
- Five stocks we like better than CNH Industrial
- Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI
- Lamb Weston’s Turnaround Is Starting to Look Real
- These 3 Stocks Got the Most Love From Analysts in September
- Record French Debt Could Create Opportunities for U.S. Market Operators
Receive News & Ratings for CNH Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNH Industrial and related companies with MarketBeat.com's FREE daily email newsletter.
