Board of the Pension Protection Fund Invests $810,000 in CNH Industrial N.V. $CNH

Board of the Pension Protection Fund bought a new stake in shares of CNH Industrial N.V. (NYSE:CNH) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 74,700 shares of the company’s stock, valued at approximately $810,000.

Other large investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio grew its holdings in CNH Industrial by 0.3% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 304,527 shares of the company’s stock valued at $3,947,000 after buying an additional 999 shares in the last quarter. TD Private Client Wealth LLC grew its stake in CNH Industrial by 1.9% during the second quarter. TD Private Client Wealth LLC now owns 58,272 shares of the company’s stock valued at $755,000 after acquiring an additional 1,066 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in CNH Industrial by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company’s stock valued at $3,188,000 after acquiring an additional 1,100 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after acquiring an additional 1,100 shares during the last quarter. Finally, MAI Capital Management lifted its stake in CNH Industrial by 17.0% in the 2nd quarter. MAI Capital Management now owns 7,796 shares of the company’s stock worth $101,000 after purchasing an additional 1,133 shares in the last quarter. 59.88% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CNH has been the subject of a number of research analyst reports. Truist Financial restated a “buy” rating and set a $13.00 price objective (down previously from $14.00) on shares of CNH Industrial in a research report on Monday, November 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of CNH Industrial in a research note on Monday. JPMorgan Chase & Co. cut 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, November 28th. Barclays decreased their price objective on CNH Industrial from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Monday, October 20th. Finally, Cfra reiterated a “hold” rating and set a $11.00 target price on shares of CNH Industrial in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.28.

CNH Industrial Stock Down 0.4%

Shares of CNH opened at $9.62 on Friday. The company has a market cap of $11.98 billion, a PE ratio of 20.46 and a beta of 1.32. The business has a fifty day moving average of $9.95 and a 200 day moving average of $11.42. CNH Industrial N.V. has a 52-week low of $9.00 and a 52-week high of $14.27. The company has a quick ratio of 10.82, a current ratio of 13.01 and a debt-to-equity ratio of 3.49.

CNH Industrial (NYSE:CNH) last posted its quarterly earnings data 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). CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The firm 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 firm earned $0.24 EPS. The company’s 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, sell-side analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current year.

Insider Activity at CNH Industrial

In other news, Director Suzanne Heywood acquired 52,522 shares of CNH Industrial stock in a transaction that occurred on Tuesday, November 18th. The shares were bought at an average cost of $9.52 per share, with a total value of $500,009.44. Following the transaction, the director directly owned 619,427 shares of the company’s stock, valued at $5,896,945.04. This trade represents a 9.26% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Howard W. Buffett acquired 6,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was purchased at an average cost of $9.68 per share, with a total value of $58,080.00. Following the purchase, the director owned 29,303 shares of the company’s stock, valued at $283,653.04. The trade was a 25.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 73,007 shares of company stock worth $700,182. Insiders own 1.00% of the company’s stock.

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.