Insider Buying: CNH Industrial (NYSE:CNH) Director Acquires 4,100 Shares of Stock

CNH Industrial N.V. (NYSE:CNH) Director Howard Buffett bought 4,100 shares of the stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of $10.29 per share, with a total value of $42,189.00. Following the acquisition, 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 purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

CNH Industrial Trading Down 0.2%

Shares of NYSE:CNH traded down $0.03 during midday trading on Thursday, hitting $10.31. The company had a trading volume of 8,586,347 shares, compared to its average volume of 16,371,561. The company has a current ratio of 12.33, a quick ratio of 10.34 and a debt-to-equity ratio of 3.52. CNH Industrial N.V. has a 12 month low of $9.00 and a 12 month high of $14.27. The firm has a fifty day simple moving average of $10.69 and a 200 day simple moving average of $12.01. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 15.78 and a beta of 1.52.

CNH Industrial (NYSE:CNH) last issued its earnings results on Friday, November 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter last year, the business posted $0.24 EPS. CNH Industrial’s quarterly revenue was down 5.5% on a year-over-year basis. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. On average, analysts predict that CNH Industrial N.V. will post 0.7 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Callan Family Office LLC boosted its stake in shares of CNH Industrial by 324.7% in the 2nd quarter. Callan Family Office LLC now owns 88,528 shares of the company’s stock valued at $1,147,000 after purchasing an additional 67,684 shares in the last quarter. Polianta Ltd bought a new stake in CNH Industrial in the second quarter worth approximately $1,310,000. Y Intercept Hong Kong Ltd bought a new stake in shares of CNH Industrial in the 2nd quarter valued at $7,981,000. Strs Ohio lifted its position in shares of CNH Industrial by 41.8% during the 2nd quarter. Strs Ohio now owns 193,543 shares of the company’s stock valued at $2,508,000 after acquiring an additional 57,080 shares during the period. Finally, Bank Pictet & Cie Europe AG grew its holdings in CNH Industrial by 64.6% in the second quarter. Bank Pictet & Cie Europe AG now owns 214,393 shares of the company’s stock worth $2,779,000 after purchasing an additional 84,138 shares during the period. 59.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on CNH shares. UBS Group reduced their price target on shares of CNH Industrial from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday. Oppenheimer cut their price objective on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a research report on Thursday, September 18th. JPMorgan Chase & Co. decreased their target price on shares of CNH Industrial from $12.00 to $10.50 and set a “neutral” rating for the company in a research report on Monday. The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $12.50 to $11.50 in a report on Wednesday, July 16th. Finally, Weiss Ratings downgraded CNH Industrial from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $13.67.

CNH Industrial Company 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.