Brandes Investment Partners LP Grows Position in CNH Industrial N.V. $CNH

Brandes Investment Partners LP boosted its stake in shares of CNH Industrial N.V. (NYSE:CNH) by 67.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,704,581 shares of the company’s stock after buying an additional 1,091,116 shares during the quarter. Brandes Investment Partners LP’s holdings in CNH Industrial were worth $24,936,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in shares of CNH Industrial by 14.8% in the third quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock valued at $90,364,000 after acquiring an additional 1,072,138 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of CNH Industrial by 6.3% in the third quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock valued at $226,152,000 after acquiring an additional 1,239,952 shares in the last quarter. National Pension Service purchased a new position in shares of CNH Industrial in the fourth quarter valued at about $2,620,000. Eubel Brady & Suttman Asset Management Inc. lifted its position in shares of CNH Industrial by 33.6% in the third quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,007,597 shares of the company’s stock valued at $21,782,000 after acquiring an additional 505,221 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its position in shares of CNH Industrial by 317.5% in the third 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 in the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

CNH Industrial Trading Down 4.9%

Shares of CNH opened at $10.21 on Thursday. The company’s fifty day moving average is $10.66 and its 200 day moving average is $10.68. CNH Industrial N.V. has a fifty-two week low of $9.00 and a fifty-two week high of $14.27. The stock has a market capitalization of $12.66 billion, a PE ratio of 32.94, a P/E/G ratio of 1.47 and a beta of 1.16. 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 (NYSE:CNH) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.01 earnings per share for the quarter, hitting 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 for the quarter, compared to analysts’ expectations of $3.80 billion. During the same quarter in the previous year, the business posted $0.10 earnings per share. CNH Industrial’s quarterly revenue was down .1% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. Sell-side analysts expect that CNH Industrial N.V. will post 0.41 earnings per share for the current fiscal year.

CNH Industrial Cuts Dividend

The business also recently disclosed 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. This represents a yield of 98.0%. The ex-dividend date of this dividend was Thursday, May 21st. CNH Industrial’s payout ratio is presently 32.26%.

Insiders Place Their Bets

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was 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 of the company’s stock, valued at $728,610.38. The trade was a 40.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CNH shares. Truist Financial set a $16.00 price objective on CNH Industrial in a research report on Friday, May 1st. Weiss Ratings restated a “hold (c-)” rating on shares of CNH Industrial in a research report on Friday, May 29th. Sanford C. Bernstein assumed coverage on CNH Industrial in a report on Thursday, May 7th. They issued a “market perform” rating and a $11.00 target price on the stock. Wall Street Zen raised CNH Industrial from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Finally, Evercore set a $12.25 target price on CNH Industrial in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, CNH Industrial currently has an average rating of “Hold” and an average target price of $12.77.

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.