CNH Industrial N.V. $CNH Shares Bought by Allstate Corp

Allstate Corp increased its position in shares of CNH Industrial N.V. (NYSE:CNH) by 119.6% during the 4th quarter, HoldingsChannel reports. The fund owned 97,181 shares of the company’s stock after acquiring an additional 52,922 shares during the quarter. Allstate Corp’s holdings in CNH Industrial were worth $896,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CNH. Tweedy Browne Co LLC boosted its position in shares of CNH Industrial by 51.9% during the 4th quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock valued at $186,068,000 after acquiring an additional 6,899,583 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in shares of CNH Industrial by 17.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock valued at $282,868,000 after acquiring an additional 3,841,999 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of CNH Industrial by 323.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 4,776,930 shares of the company’s stock valued at $61,909,000 after acquiring an additional 3,647,517 shares during the last quarter. Tudor Investment Corp ET AL boosted its position in shares of 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 valued at $44,241,000 after acquiring an additional 3,100,766 shares during the last quarter. Finally, Citigroup Inc. boosted its position in shares of CNH Industrial by 148.1% during the 3rd quarter. Citigroup Inc. now owns 4,521,087 shares of the company’s stock valued at $49,054,000 after acquiring an additional 2,698,775 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Stock Down 2.3%

Shares of CNH opened at $10.22 on Friday. The firm has a market cap of $12.67 billion, a P/E ratio of 32.96, a price-to-earnings-growth ratio of 1.40 and a beta of 1.18. CNH Industrial N.V. has a 12-month low of $9.00 and a 12-month high of $14.27. The company’s 50-day moving average price is $10.64 and its 200 day moving average price is $10.63. The company has a current ratio of 12.27, a quick ratio of 10.17 and a debt-to-equity ratio of 3.32.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.80 billion. CNH Industrial had a net margin of 2.13% and a return on equity of 7.48%. CNH Industrial’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. On average, sell-side analysts forecast that CNH Industrial N.V. will post 0.41 earnings per share for the current year.

CNH Industrial Cuts Dividend

The firm also recently declared an annual dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, May 21st. This represents a yield of 98.0%. CNH Industrial’s dividend payout ratio is 32.26%.

Analysts Set New Price Targets

CNH has been the topic of several recent research reports. Evercore set a $12.25 price target on shares of CNH Industrial in a research report on Monday, May 11th. The Goldman Sachs Group cut shares of CNH Industrial from a “buy” rating to a “neutral” rating and lowered their price target for the company from $12.00 to $10.50 in a research report on Monday, May 11th. Sanford C. Bernstein initiated coverage on shares of CNH Industrial in a research report on Thursday, May 7th. They set a “market perform” rating and a $11.00 price target on the stock. Barclays boosted their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a research report on Wednesday, April 1st. Finally, Weiss Ratings upgraded shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, CNH Industrial currently has a consensus rating of “Hold” and an average price target of $12.77.

Insider Transactions at CNH Industrial

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $10.13, for a total transaction of $490,140.05. Following the sale, the insider directly owned 71,926 shares in the company, valued at $728,610.38. This represents a 40.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is owned by company insiders.

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.