Grantham Mayo Van Otterloo & Co. LLC Sells 486,786 Shares of CNH Industrial N.V. $CNH

Grantham Mayo Van Otterloo & Co. LLC decreased its stake in shares of CNH Industrial N.V. (NYSE:CNH) by 30.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,086,236 shares of the company’s stock after selling 486,786 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in CNH Industrial were worth $14,078,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CNH. Twin Tree Management LP grew its stake in shares of CNH Industrial by 1,068.0% in the first quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock valued at $29,000 after buying an additional 2,606 shares in the last quarter. Brooklyn Investment Group raised its position in CNH Industrial by 218.3% during the first quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock worth $42,000 after acquiring an additional 2,325 shares in the last quarter. Harbour Investments Inc. lifted its stake in CNH Industrial by 697.1% in the first quarter. Harbour Investments Inc. now owns 4,376 shares of the company’s stock valued at $54,000 after acquiring an additional 3,827 shares during the last quarter. Advantage Trust Co bought a new position in shares of CNH Industrial in the 2nd quarter valued at about $54,000. Finally, SVB Wealth LLC acquired a new position in shares of CNH Industrial during the 1st quarter worth about $59,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Industrial Alliance Securities set a $10.00 target price on shares of CNH Industrial in a research note on Thursday. Oppenheimer dropped their price objective on CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a research note on Thursday, September 18th. DA Davidson reduced their target price on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, November 11th. Citigroup decreased their target price on CNH Industrial from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Finally, JPMorgan Chase & Co. downgraded CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price target for the company. in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $13.41.

CNH Industrial Stock Performance

CNH opened at $9.42 on Friday. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. The business has a fifty day simple moving average of $10.32 and a 200 day simple moving average of $11.79. 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 capitalization of $11.73 billion, a PE ratio of 14.48 and a beta of 1.52.

CNH Industrial (NYSE:CNH) last posted 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 firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The firm’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.24 EPS. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Research analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current year.

Insider Buying and Selling at CNH Industrial

In other CNH Industrial news, Director Howard W. Buffett bought 4,100 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average price of $10.29 per share, for a total transaction of $42,189.00. Following the transaction, the director directly owned 33,403 shares in the company, valued at approximately $343,716.87. This trade represents a 13.99% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Suzanne Heywood bought 52,522 shares of the stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average cost of $9.52 per share, for a total transaction of $500,009.44. Following the completion of the acquisition, the director directly owned 619,427 shares of the company’s stock, valued at approximately $5,896,945.04. This trade represents a 9.26% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 73,007 shares of company stock valued at $700,182 in the last quarter. Company insiders own 1.00% of the company’s stock.

CNH Industrial Profile

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.