ABN Amro Investment Solutions Buys Shares of 107,058 CNH Industrial N.V. $CNH

ABN Amro Investment Solutions bought a new position in shares of CNH Industrial N.V. (NYSE:CNH) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 107,058 shares of the company’s stock, valued at approximately $1,178,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Daiwa Securities Group Inc. grew its position in CNH Industrial by 0.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock worth $2,344,000 after acquiring an additional 1,100 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of CNH Industrial by 4.0% during the first quarter. Bessemer Group Inc. now owns 29,415 shares of the company’s stock worth $323,000 after purchasing an additional 1,121 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of CNH Industrial by 2.6% during the fourth quarter. ProShare Advisors LLC now owns 47,074 shares of the company’s stock worth $434,000 after purchasing an additional 1,187 shares during the last quarter. Parnassus Investments LLC increased its stake in shares of CNH Industrial by 6.7% in the fourth quarter. Parnassus Investments LLC now owns 21,529 shares of the company’s stock valued at $198,000 after buying an additional 1,355 shares during the period. Finally, Focus Partners Advisor Solutions LLC increased its stake in shares of CNH Industrial by 5.1% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 30,486 shares of the company’s stock valued at $281,000 after buying an additional 1,474 shares during the period. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Trading Up 4.8%

Shares of CNH stock opened at $11.12 on Friday. The company has a market cap of $13.79 billion, a P/E ratio of 35.89, a PEG ratio of 2.14 and a beta of 1.14. The stock has a 50 day simple moving average of $10.55 and a two-hundred day simple moving average of $10.92. The company has a debt-to-equity ratio of 3.32, a quick ratio of 10.17 and a current ratio of 12.27. CNH Industrial N.V. has a fifty-two week low of $9.00 and a fifty-two week high of $13.32.

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Truist Financial set a $16.00 target price on shares of CNH Industrial in a report on Friday, May 1st. DA Davidson reaffirmed a “neutral” rating and set a $12.00 price target on shares of CNH Industrial in a research note on Monday, May 4th. Barclays lifted their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Wednesday, April 1st. JPMorgan Chase & Co. increased their price objective on CNH Industrial from $9.50 to $10.00 and gave the company an “underweight” rating in a report on Monday, July 13th. Finally, The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $12.00 to $10.50 in a research report on Monday, May 11th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $12.77.

Insiders Place Their Bets

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $10.13, for a total value of $490,140.05. Following the transaction, the insider owned 71,926 shares in the company, valued at approximately $728,610.38. This represents a 40.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.18% of the company’s stock.

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.