CNH Industrial Target of Unusually High Options Trading (NYSE:CNH)

CNH Industrial N.V. (NYSE:CNH) was the target of unusually large options trading on Friday. Traders bought 3,995 call options on the stock. This represents an increase of approximately 624% compared to the typical daily volume of 552 call options.

Institutional Investors Weigh In On CNH Industrial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in shares of CNH Industrial by 395.2% in the fourth quarter. AQR Capital Management LLC now owns 17,308,839 shares of the company’s stock valued at $159,587,000 after acquiring an additional 13,813,670 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of CNH Industrial by 267.6% in the 1st quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company’s stock valued at $202,682,000 after acquiring an additional 13,413,731 shares during the period. California State Teachers Retirement System increased its holdings in shares of CNH Industrial by 855.2% in the 2nd quarter. California State Teachers Retirement System now owns 13,390,776 shares of the company’s stock valued at $150,378,000 after acquiring an additional 11,988,857 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in CNH Industrial in the 4th quarter valued at $89,964,000. Finally, Dimensional Fund Advisors LP raised its position in CNH Industrial by 45.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock valued at $247,338,000 after purchasing an additional 8,332,615 shares during the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

Shares of CNH stock traded up $0.36 during mid-day trading on Friday, hitting $14.20. 4,397,059 shares of the stock were exchanged, compared to its average volume of 15,192,928. The stock’s fifty day simple moving average is $10.98 and its two-hundred day simple moving average is $10.94. The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. CNH Industrial has a 12-month low of $9.00 and a 12-month high of $14.26. The stock has a market capitalization of $17.58 billion, a price-to-earnings ratio of 56.87, a P/E/G ratio of 2.40 and a beta of 1.17.

CNH Industrial (NYSE:CNH) last posted 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. The business had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.77 billion. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. On average, analysts forecast that CNH Industrial will post 0.45 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. 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 report on Tuesday, August 4th. Robert W. Baird raised shares of CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 target price on the stock in a research note on Monday. Evercore upgraded CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 price objective on the stock in a research note on Wednesday. BMO Capital Markets lifted their target price on CNH Industrial from $11.00 to $12.00 and gave the company a “market perform” rating in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group cut CNH Industrial from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $12.00 to $10.50 in a research note on Monday, May 11th. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $13.10.

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.