Gabelli Funds LLC Has $65.14 Million Stock Holdings in CNH Industrial N.V. $CNH

Gabelli Funds LLC increased its holdings in shares of CNH Industrial N.V. (NYSE:CNH) by 1.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,064,650 shares of the company’s stock after acquiring an additional 97,505 shares during the quarter. Gabelli Funds LLC’s holdings in CNH Industrial were worth $65,136,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Quent Capital LLC acquired a new position in CNH Industrial in the 3rd quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC acquired a new position in CNH Industrial in the 3rd quarter valued at approximately $29,000. Elevation Wealth Partners LLC acquired a new position in CNH Industrial in the 4th quarter valued at approximately $31,000. Clearstead Advisors LLC raised its holdings in CNH Industrial by 132.7% in the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock valued at $37,000 after acquiring an additional 1,924 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in CNH Industrial in the 3rd quarter valued at approximately $37,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on CNH. The Goldman Sachs Group cut CNH Industrial from a “buy” rating to a “neutral” rating and cut their price target for the company from $12.00 to $10.50 in a report on Monday, May 11th. Weiss Ratings raised CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Citigroup upped their price target on CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a report on Monday, April 13th. Robert W. Baird upped their price objective on CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. Finally, Barclays upped their price objective on CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $12.77.

Insider Buying and Selling at CNH Industrial

In related 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 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 position. The transaction was disclosed in a legal filing 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. Corporate insiders own 0.18% of the company’s stock.

CNH Industrial Trading Down 0.0%

CNH stock opened at $10.43 on Monday. CNH Industrial N.V. has a 1-year low of $9.00 and a 1-year high of $14.27. The firm has a market cap of $12.93 billion, a P/E ratio of 33.63, a P/E/G ratio of 1.43 and a beta of 1.18. The business’s 50 day moving average is $10.75 and its 200-day moving average 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 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 return on equity of 7.48% and a net margin of 2.13%.The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same period in the prior year, the company posted $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. Equities analysts anticipate 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 will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be paid a $0.10 dividend. This represents a dividend yield of 89.0%. The ex-dividend date is Thursday, May 21st.

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.