Handelsbanken Fonder AB Purchases 629,248 Shares of CNH Industrial N.V. $CNH

Handelsbanken Fonder AB boosted its position in CNH Industrial N.V. (NYSE:CNH) by 308.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 833,248 shares of the company’s stock after purchasing an additional 629,248 shares during the quarter. Handelsbanken Fonder AB’s holdings in CNH Industrial were worth $9,041,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Artisan Partners Limited Partnership grew its position in shares of CNH Industrial by 1.8% during the 2nd quarter. Artisan Partners Limited Partnership now owns 32,950,999 shares of the company’s stock valued at $427,045,000 after purchasing an additional 575,650 shares in the last quarter. Alliancebernstein L.P. boosted its stake in CNH Industrial by 7.6% during the second quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock valued at $254,062,000 after buying an additional 1,382,861 shares during the period. Geode Capital Management LLC boosted its stake in CNH Industrial by 0.8% during the second quarter. Geode Capital Management LLC now owns 15,406,302 shares of the company’s stock valued at $199,047,000 after buying an additional 119,918 shares during the period. JPMorgan Chase & Co. grew its position in CNH Industrial by 14.8% during the third 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 in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in CNH Industrial by 8.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,217,192 shares of the company’s stock worth $89,157,000 after acquiring an additional 672,238 shares during the last quarter. 59.88% of the stock is owned by institutional investors.

CNH Industrial Stock Performance

NYSE:CNH opened at $12.28 on Monday. The business has a 50 day moving average of $11.08 and a 200 day moving average of $10.75. The company has a market capitalization of $15.24 billion, a price-to-earnings ratio of 30.71, a PEG ratio of 1.76 and a beta of 1.24. CNH Industrial N.V. has a 1-year low of $9.00 and a 1-year high of $14.27. The company has a debt-to-equity ratio of 3.44, a current ratio of 13.34 and a quick ratio of 11.36.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.91 billion. CNH Industrial had a net margin of 2.82% and a return on equity of 8.90%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the business earned $0.15 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. On average, sell-side analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CNH has been the topic of several recent analyst reports. Wall Street Zen raised CNH Industrial from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. UBS Group decreased their price objective on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Citigroup raised their target price on shares of CNH Industrial from $12.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Robert W. Baird boosted 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, DA Davidson increased their price target on shares of CNH Industrial from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Eight analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $13.37.

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.