Short Interest in CNH Industrial N.V. (NYSE:CNH) Rises By 21.8%

CNH Industrial N.V. (NYSE:CNH) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 51,440,533 shares, a growth of 21.8% from the December 15th total of 42,238,089 shares. Approximately 4.1% of the company’s stock are short sold. Based on an average daily volume of 8,821,242 shares, the days-to-cover ratio is currently 5.8 days. Based on an average daily volume of 8,821,242 shares, the days-to-cover ratio is currently 5.8 days. Approximately 4.1% of the company’s stock are short sold.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CNH shares. Industrial Alliance Securities set a $13.00 target price on shares of CNH Industrial in a research report on Wednesday, January 14th. Cfra reiterated a “hold” rating and issued a $11.00 price objective on shares of CNH Industrial in a research note on Monday, November 10th. DA Davidson decreased their target price on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, November 11th. Truist Financial set a $12.00 target price on CNH Industrial in a research note on Wednesday, January 14th. Finally, Wall Street Zen cut CNH Industrial from a “hold” rating to a “sell” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, CNH Industrial has a consensus rating of “Hold” and an average price target of $12.97.

CNH Industrial Price Performance

Shares of NYSE CNH traded down $0.29 during midday trading on Tuesday, hitting $10.64. 14,480,913 shares of the company’s stock were exchanged, compared to its average volume of 13,950,791. The business’s fifty day moving average price is $9.74 and its two-hundred day moving average price is $10.96. The company has a market cap of $13.26 billion, a price-to-earnings ratio of 22.63 and a beta of 1.29. CNH Industrial has a 12-month low of $9.00 and a 12-month high of $14.27. The company has a current ratio of 13.01, a quick ratio of 10.82 and a debt-to-equity ratio of 3.49.

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 the consensus estimate of $0.13 by ($0.05). The firm had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.22 billion. CNH Industrial had a return on equity of 8.32% and a net margin of 3.35%.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 company earned $0.24 EPS. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, research analysts forecast that CNH Industrial will post 0.7 EPS for the current fiscal year.

Insider Transactions at CNH Industrial

In other news, Director Howard W. Buffett bought 6,000 shares of CNH Industrial stock in a transaction dated Tuesday, November 11th. The stock was bought at an average cost of $9.68 per share, for a total transaction of $58,080.00. Following the purchase, the director directly owned 29,303 shares in the company, valued at approximately $283,653.04. This represents a 25.75% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vagn O. Sorensen purchased 10,385 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was acquired at an average cost of $9.62 per share, for a total transaction of $99,903.70. Following the transaction, the director owned 40,396 shares in the company, valued at $388,609.52. This represents a 34.60% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 73,007 shares of company stock valued at $700,182 in the last 90 days. 0.23% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CNH Industrial

A number of large investors have recently added to or reduced their stakes in CNH. Quent Capital LLC bought a new position in shares of CNH Industrial during the third quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of CNH Industrial in the third quarter worth about $29,000. Clearstead Advisors LLC increased its holdings in CNH Industrial by 132.7% during the 3rd 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. Elevation Wealth Partners LLC bought a new position in CNH Industrial during the 4th quarter valued at approximately $31,000. Finally, Advisory Services Network LLC bought a new position in CNH Industrial during the 3rd quarter valued at approximately $37,000. Institutional investors 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.