Exchange Traded Concepts LLC Has $805,000 Holdings in CNH Industrial N.V. $CNH

Exchange Traded Concepts LLC lessened its stake in CNH Industrial N.V. (NYSE:CNH) by 81.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 74,193 shares of the company’s stock after selling 315,503 shares during the period. Exchange Traded Concepts LLC’s holdings in CNH Industrial were worth $805,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Callan Family Office LLC lifted 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 during the period. Schroder Investment Management Group lifted its holdings in shares of CNH Industrial by 5,176.5% in the 2nd quarter. Schroder Investment Management Group now owns 1,917,684 shares of the company’s stock worth $24,853,000 after purchasing an additional 1,881,340 shares in the last quarter. Texas Permanent School Fund Corp lifted its stake in shares of CNH Industrial by 15.1% in the second quarter. Texas Permanent School Fund Corp now owns 864,300 shares of the company’s stock valued at $11,201,000 after buying an additional 113,677 shares in the last quarter. Squarepoint Ops LLC boosted its stake in CNH Industrial by 28.4% during the 2nd quarter. Squarepoint Ops LLC now owns 4,296,849 shares of the company’s stock valued at $55,687,000 after purchasing an additional 951,551 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its position in shares of CNH Industrial by 597.3% during the second quarter. Mackenzie Financial Corp now owns 1,612,542 shares of the company’s stock valued at $20,899,000 after buying an additional 1,381,272 shares during the last quarter. 59.88% of the stock is owned by institutional investors.

CNH Industrial Price Performance

CNH stock opened at $9.45 on Monday. The firm has a market cap of $11.77 billion, a P/E ratio of 20.10 and a beta of 1.32. The firm’s fifty day moving average is $9.86 and its 200 day moving average is $11.29. The company has a debt-to-equity ratio of 3.49, a quick ratio of 10.82 and a current ratio of 13.01. CNH Industrial N.V. has a 52 week low of $9.00 and a 52 week high of $14.27.

CNH Industrial (NYSE:CNH) last issued its earnings results on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.05). CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The company had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter in the prior year, the company earned $0.24 earnings per share. The company’s revenue was down 5.5% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Research analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on CNH shares. UBS Group cut their price target on shares of CNH Industrial from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. Barclays cut their price target on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating for the company in a research note on Monday, December 22nd. Citigroup reduced their price objective on shares of CNH Industrial from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Industrial Alliance Securities set a $10.00 target price on CNH Industrial in a report on Thursday, November 27th. Finally, Raymond James Financial decreased their price target on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CNH Industrial currently has an average rating of “Moderate Buy” and an average price target of $13.09.

Insider Buying and Selling at CNH Industrial

In other CNH Industrial news, Director Suzanne Heywood bought 52,522 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average price 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 in the company, valued at $5,896,945.04. The trade was a 9.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Howard W. Buffett acquired 6,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was bought at an average price of $9.68 per share, with a total value of $58,080.00. Following the completion of the acquisition, 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 SEC filing for this purchase provides additional information. Over the last quarter, insiders have bought 73,007 shares of company stock worth $700,182. 0.23% of the stock is currently owned by company insiders.

About CNH Industrial

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.