Squarepoint Ops LLC Has $9.76 Million Stock Position in CNH Industrial N.V. $CNH

Squarepoint Ops LLC lowered its stake in shares of CNH Industrial N.V. (NYSE:CNH) by 72.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 868,925 shares of the company’s stock after selling 2,261,476 shares during the quarter. Squarepoint Ops LLC owned about 0.07% of CNH Industrial worth $9,758,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. State Street Corp grew its position in CNH Industrial by 5.1% in the 3rd quarter. State Street Corp now owns 37,764,717 shares of the company’s stock worth $409,747,000 after purchasing an additional 1,834,076 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of CNH Industrial by 8.9% in the first quarter. Dimensional Fund Advisors LP now owns 29,204,840 shares of the company’s stock valued at $321,185,000 after buying an additional 2,380,087 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of CNH Industrial by 17.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock valued at $282,868,000 after buying an additional 3,841,999 shares during the period. Alliancebernstein L.P. grew its position in CNH Industrial by 7.6% during the second quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock worth $254,062,000 after buying an additional 1,382,861 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in CNH Industrial by 267.6% during the first quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company’s stock worth $202,682,000 after buying an additional 13,413,731 shares in the last quarter. 59.88% of the stock is currently owned by institutional investors and hedge funds.

CNH Industrial Stock Down 2.9%

NYSE CNH opened at $13.50 on Friday. CNH Industrial N.V. has a 1-year low of $9.00 and a 1-year high of $14.46. The company has a market capitalization of $16.71 billion, a price-to-earnings ratio of 54.00, a PEG ratio of 2.45 and a beta of 1.17. The stock’s 50 day moving average is $11.27 and its two-hundred day moving average is $10.97. The company has a current ratio of 12.23, a quick ratio of 10.16 and a debt-to-equity ratio of 3.33.

CNH Industrial (NYSE:CNH) last issued its earnings results on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $4.80 billion during the quarter, compared to analysts’ expectations of $4.77 billion. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.CNH Industrial’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Equities analysts forecast that CNH Industrial N.V. will post 0.45 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on CNH. DA Davidson reaffirmed a “neutral” rating and issued a $12.00 price target on shares of CNH Industrial in a report on Wednesday, August 19th. BMO Capital Markets lifted their price objective on CNH Industrial from $11.00 to $12.00 and gave the stock a “market perform” rating in a report on Tuesday, August 4th. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, September 2nd. Truist Financial restated a “buy” rating and issued a $15.00 target price (down from $16.00) on shares of CNH Industrial in a research note on Tuesday, August 4th. Finally, Robert W. Baird raised shares of CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 price target on the stock in a report on Monday, August 31st. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $13.10.

CNH Industrial Company Profile

CNH Industrial N.V. (NYSE:CNH) is a global manufacturer of agricultural and construction equipment. The company develops, produces and sells machinery, technology and related services for farming, infrastructure development, road building and other industrial applications.

Its agricultural portfolio includes tractors, combines, harvesters, seeding and planting equipment, hay and forage machinery, sprayers and precision-agriculture technologies. Key agricultural brands include Case IH, New Holland Agriculture and STEYR, while the company’s precision-technology offerings include products and solutions associated with Raven Industries.

CNH’s construction business offers equipment such as excavators, wheel loaders, dozers, graders, skid steers and compact track loaders through brands including CASE Construction Equipment and New Holland Construction.