CNH Industrial N.V. $CNH Shares Sold by DNB Asset Management AS

DNB Asset Management AS trimmed its holdings in CNH Industrial N.V. (NYSE:CNH) by 74.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 220,108 shares of the company’s stock after selling 642,358 shares during the quarter. DNB Asset Management AS’s holdings in CNH Industrial were worth $2,029,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Thrivent Financial for Lutherans lifted its holdings in CNH Industrial by 0.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 8,269,882 shares of the company’s stock valued at $76,249,000 after acquiring an additional 52,690 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in CNH Industrial in the 4th quarter valued at about $442,000. Allworth Financial LP lifted its holdings in CNH Industrial by 331.4% in the 4th quarter. Allworth Financial LP now owns 7,860 shares of the company’s stock valued at $72,000 after acquiring an additional 6,038 shares during the last quarter. Independent Advisor Alliance lifted its holdings in CNH Industrial by 14.7% in the 4th quarter. Independent Advisor Alliance now owns 11,862 shares of the company’s stock valued at $109,000 after acquiring an additional 1,516 shares during the last quarter. Finally, Legacy Financial Advisors Inc. acquired a new stake in CNH Industrial in the 4th quarter valued at about $413,000. 59.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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 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 transaction was disclosed in a filing with the SEC, which is accessible 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 Price Performance

NYSE CNH opened at $10.46 on Thursday. The company has a 50 day simple moving average of $10.70 and a 200-day simple moving average of $10.63. 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 has a market capitalization of $12.97 billion, a price-to-earnings ratio of 33.75, a price-to-earnings-growth ratio of 1.40 and a beta of 1.18. CNH Industrial N.V. has a 52-week low of $9.00 and a 52-week high of $14.27.

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

CNH Industrial Cuts Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be issued a $0.10 dividend. The ex-dividend date is Thursday, May 21st. This represents a yield of 96.0%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CNH shares. Evercore set a $12.25 price target on shares of CNH Industrial in a report on Monday, May 11th. Oppenheimer boosted their price objective on CNH Industrial from $13.00 to $16.00 and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Weiss Ratings raised shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. Robert W. Baird upped their price objective on shares of CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. Finally, Truist Financial set a $16.00 price objective on shares of CNH Industrial in a research note on Friday, May 1st. Six analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CNH Industrial presently has an average 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.