Artisan Partners Limited Partnership Trims Stake in CNH Industrial N.V. $CNH

Artisan Partners Limited Partnership lowered its position in CNH Industrial N.V. (NYSE:CNH) by 2.4% during the 4th quarter, HoldingsChannel reports. The fund owned 31,822,953 shares of the company’s stock after selling 792,205 shares during the period. Artisan Partners Limited Partnership’s holdings in CNH Industrial were worth $293,408,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CNH. JPMorgan Chase & Co. increased its stake in 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 buying an additional 1,072,138 shares during the period. National Pension Service purchased a new position in CNH Industrial in the 4th quarter worth about $2,620,000. Alliancebernstein L.P. increased its stake in CNH Industrial by 6.3% in the 3rd quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock worth $226,152,000 after buying an additional 1,239,952 shares during the period. Tudor Investment Corp ET AL increased its stake in CNH Industrial by 317.5% in the 3rd quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock worth $44,241,000 after buying an additional 3,100,766 shares during the period. Finally, DNB Asset Management AS increased its stake in CNH Industrial by 276.3% in the 3rd quarter. DNB Asset Management AS now owns 862,466 shares of the company’s stock worth $9,358,000 after buying an additional 633,277 shares during the period. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Insider Transactions at CNH Industrial

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $10.13, for a total transaction of $490,140.05. Following the completion of the transaction, the insider directly owned 71,926 shares of the company’s stock, valued at approximately $728,610.38. This trade represents a 40.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.18% of the company’s stock.

CNH Industrial Stock Down 1.1%

Shares of CNH Industrial stock opened at $10.55 on Wednesday. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $14.27. The stock has a market cap of $13.08 billion, a price-to-earnings ratio of 34.04, a PEG ratio of 1.46 and a beta of 1.16. The company has a debt-to-equity ratio of 3.32, a current ratio of 12.27 and a quick ratio of 10.17. The firm’s 50-day moving average is $10.63 and its two-hundred day moving average is $10.71.

CNH Industrial (NYSE:CNH) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. CNH Industrial had a net margin of 2.13% and a return on equity of 7.48%. The business had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same period last year, the business earned $0.10 EPS. The company’s revenue was down .1% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. As a group, research analysts expect that CNH Industrial N.V. will post 0.41 earnings per share for the current fiscal 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 given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a yield of 98.0%. CNH Industrial’s dividend payout ratio (DPR) is currently 32.26%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. The Goldman Sachs Group downgraded shares of CNH Industrial from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $12.00 to $10.50 in a research note on Monday, May 11th. Evercore set a $12.25 price target on shares of CNH Industrial in a research note on Monday, May 11th. Sanford C. Bernstein assumed coverage on shares of CNH Industrial in a research note on Thursday, May 7th. They issued a “market perform” rating and a $11.00 price target on the stock. Robert W. Baird raised their price target on shares of CNH Industrial from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen raised shares of CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. Six analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.77.

CNH Industrial Company 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.