DNB Asset Management AS Acquires 633,277 Shares of CNH Industrial N.V. $CNH

DNB Asset Management AS lifted its holdings in shares of CNH Industrial N.V. (NYSE:CNH) by 276.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 862,466 shares of the company’s stock after purchasing an additional 633,277 shares during the quarter. DNB Asset Management AS’s holdings in CNH Industrial were worth $9,358,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Quent Capital LLC acquired a new position in shares of CNH Industrial during the 3rd quarter valued at about $27,000. Clearstead Advisors LLC raised its position in shares of CNH Industrial by 132.7% in the third quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock valued at $37,000 after purchasing an additional 1,924 shares during the period. Transamerica Financial Advisors LLC lifted its stake in shares of CNH Industrial by 923.2% in the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock worth $47,000 after buying an additional 3,296 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of CNH Industrial by 77.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 4,036 shares of the company’s stock worth $44,000 after buying an additional 1,763 shares during the period. Finally, Headlands Technologies LLC bought a new position in CNH Industrial in the 2nd quarter worth $61,000. 59.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CNH shares. Citigroup upped their price target on shares of CNH Industrial from $12.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Truist Financial set a $12.00 price target on CNH Industrial in a research report on Wednesday, January 14th. Barclays cut their price target on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating for the company in a report on Monday, December 22nd. DA Davidson raised their price objective on shares of CNH Industrial from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Finally, Oppenheimer upped their target price on shares of CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $13.37.

CNH Industrial Price Performance

Shares of CNH Industrial stock opened at $12.28 on Friday. The firm has a market cap of $15.31 billion, a P/E ratio of 30.71, a price-to-earnings-growth ratio of 1.76 and a beta of 1.29. The firm’s 50-day simple moving average is $11.08 and its 200-day simple moving average is $10.76. CNH Industrial N.V. has a twelve month low of $9.00 and a twelve month high of $14.27. The company has a debt-to-equity ratio of 3.44, a quick ratio of 3.25 and a current ratio of 3.82.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Tuesday, February 17th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. The firm had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.91 billion. CNH Industrial had a net margin of 2.82% and a return on equity of 8.90%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.15 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. As a group, research analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current fiscal year.

CNH Industrial 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.