CNH Industrial (NYSE:CNH) Stock Rating Upgraded by Wall Street Zen

CNH Industrial (NYSE:CNH) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

CNH has been the subject of a number of other reports. Industrial Alliance Securities set a $13.00 target price on shares of CNH Industrial in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “sell (d+)” rating on shares of CNH Industrial in a report on Monday, December 29th. DA Davidson cut their price target on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 11th. Raymond James Financial decreased their price target on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. Finally, Cfra restated a “hold” rating and issued a $11.00 price objective on shares of CNH Industrial in a research report on Monday, November 10th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $12.97.

CNH Industrial Trading Down 1.0%

NYSE:CNH opened at $10.74 on Friday. The firm has a market cap of $13.39 billion, a P/E ratio of 22.86 and a beta of 1.29. CNH Industrial has a one year low of $9.00 and a one year high of $14.27. The company has a debt-to-equity ratio of 3.49, a quick ratio of 10.82 and a current ratio of 13.01. The firm has a 50-day simple moving average of $9.93 and a 200-day simple moving average of $10.80.

CNH Industrial (NYSE:CNH) last released its quarterly 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 firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The firm’s quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Equities analysts anticipate that CNH Industrial will post 0.7 EPS for the current fiscal year.

Insider Activity

In related news, Director Suzanne Heywood purchased 52,522 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were purchased at an average price of $9.52 per share, with a total value of $500,009.44. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Vagn O. Sorensen purchased 10,385 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was bought at an average cost of $9.62 per share, with a total value of $99,903.70. Following the acquisition, the director owned 40,396 shares in the company, valued at $388,609.52. This represents a 34.60% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 73,007 shares of company stock worth $700,182 in the last quarter. Corporate insiders own 0.23% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Marshall Wace LLP boosted its holdings in CNH Industrial by 21,312.8% in the 2nd quarter. Marshall Wace LLP now owns 6,781,205 shares of the company’s stock worth $87,884,000 after buying an additional 6,749,536 shares during the last quarter. Norges Bank purchased a new position in shares of CNH Industrial in the second quarter valued at approximately $61,198,000. Hotchkis & Wiley Capital Management LLC lifted its position in shares of CNH Industrial by 17.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock valued at $282,868,000 after acquiring an additional 3,841,999 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of CNH Industrial by 323.0% in the second quarter. BNP Paribas Financial Markets now owns 4,776,930 shares of the company’s stock worth $61,909,000 after acquiring an additional 3,647,517 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its position in shares of CNH Industrial by 317.5% during the third quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock worth $44,241,000 after purchasing an additional 3,100,766 shares in the last quarter. Institutional investors and hedge funds own 59.88% 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.