CNH Industrial (NYSE:CNH) Stock Rating Upgraded by Wall Street Zen

CNH Industrial (NYSE:CNH) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other research firms also recently issued reports on CNH. Truist Financial set a $12.00 price objective on shares of CNH Industrial in a report on Wednesday, January 14th. Industrial Alliance Securities set a $13.00 price target on shares of CNH Industrial in a research report on Wednesday, January 14th. JPMorgan Chase & Co. cut CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a report on Friday, November 28th. DA Davidson cut their price objective on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, November 11th. Finally, Raymond James Financial decreased their target price on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 22nd. Eight equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $12.97.

CNH Industrial Stock Down 1.0%

Shares of CNH opened at $10.74 on Friday. The firm has a market cap of $13.39 billion, a P/E ratio of 22.86 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 stock’s 50 day moving average is $9.93 and its two-hundred day moving average is $10.83. 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 announced its earnings results on Friday, November 7th. The company reported $0.08 earnings per share (EPS) 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 business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter last year, the business earned $0.24 EPS. The company’s quarterly 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. Analysts predict that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

Insider Activity at CNH Industrial

In related news, Director Suzanne Heywood acquired 52,522 shares of CNH Industrial stock in a transaction that occurred on Tuesday, November 18th. The shares were purchased at an average price of $9.52 per share, for a total transaction of $500,009.44. Following the completion of the transaction, the director owned 619,427 shares in the company, valued at $5,896,945.04. This represents a 9.26% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Howard W. Buffett bought 4,100 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was bought 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 in the company, valued at $343,716.87. This represents a 13.99% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders purchased 73,007 shares of company stock valued at $700,182. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CNH Industrial

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC grew its stake in shares of CNH Industrial by 12.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock valued at $198,000 after buying an additional 1,772 shares during the period. Goldman Sachs Group Inc. grew its position in CNH Industrial by 70.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock worth $27,856,000 after acquiring an additional 938,035 shares during the period. Robeco Institutional Asset Management B.V. grew its position in CNH Industrial by 443.6% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,663,248 shares of the company’s stock worth $21,556,000 after acquiring an additional 1,357,271 shares during the period. ASR Vermogensbeheer N.V. increased its stake in CNH Industrial by 18.2% during the second quarter. ASR Vermogensbeheer N.V. now owns 44,406 shares of the company’s stock worth $575,000 after acquiring an additional 6,841 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in CNH Industrial by 29.0% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,415 shares of the company’s stock valued at $239,000 after purchasing an additional 4,140 shares during the period. 59.88% of the stock is currently owned by institutional investors and hedge funds.

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.