CNH Industrial N.V. (NYSE:CNH) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of CNH Industrial N.V. (NYSE:CNH) have received an average recommendation of “Hold” from the seventeen brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $12.7667.

A number of equities research analysts have recently issued reports on the company. Barclays lowered their target price 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. Oppenheimer lowered their price objective on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating for the company in a research report on Thursday, September 18th. UBS Group dropped their price objective on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Monday. Citigroup reduced their target price on shares of CNH Industrial from $13.00 to $11.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Finally, Cfra restated a “hold” rating and issued a $11.00 target price on shares of CNH Industrial in a research note on Monday, November 10th.

Insider Activity

In other CNH Industrial news, Director Howard W. Buffett purchased 4,100 shares of CNH Industrial stock in a transaction that occurred on Wednesday, November 12th. The stock was purchased at an average price of $10.29 per share, with a total value of $42,189.00. Following the completion of the acquisition, the director owned 33,403 shares of the company’s stock, 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 can be accessed through this hyperlink. Also, Director Vagn O. Sorensen acquired 10,385 shares of the stock in a transaction on Tuesday, November 11th. The shares were acquired at an average price of $9.62 per share, with a total value of $99,903.70. Following the purchase, the director owned 40,396 shares in the company, valued at $388,609.52. This represents a 34.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 73,007 shares of company stock worth $700,182 over the last ninety days. Corporate insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On CNH Industrial

Several institutional investors and hedge funds have recently made changes to their positions in the business. Mirabella Financial Services LLP bought a new stake in shares of CNH Industrial in the third quarter worth $145,000. Tudor Investment Corp ET AL grew its holdings in CNH Industrial by 317.5% during the 3rd quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock worth $44,241,000 after acquiring an additional 3,100,766 shares in the last quarter. Swiss Life Asset Management Ltd grew its holdings in CNH Industrial by 31.6% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 303,702 shares of the company’s stock worth $3,295,000 after acquiring an additional 72,989 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of CNH Industrial by 14.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock worth $90,364,000 after purchasing an additional 1,072,138 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of CNH Industrial in the 3rd quarter valued at about $340,000. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

CNH Industrial Stock Performance

NYSE:CNH opened at $9.66 on Tuesday. The company has a current ratio of 13.01, a quick ratio of 10.82 and a debt-to-equity ratio of 3.49. The firm has a market capitalization of $12.03 billion, a price-to-earnings ratio of 20.54 and a beta of 1.29. The firm’s fifty day simple moving average is $9.70 and its 200 day simple moving average is $11.14. CNH Industrial has a twelve month low of $9.00 and a twelve month high of $14.27.

CNH Industrial (NYSE:CNH) last announced its quarterly 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 company had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The firm’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, equities research analysts expect that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

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.