W.G. Shaheen & Associates DBA Whitney & Co Buys 592,505 Shares of CNH Industrial N.V. $CNH

W.G. Shaheen & Associates DBA Whitney & Co grew its position in shares of CNH Industrial N.V. (NYSE:CNH) by 156.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 970,322 shares of the company’s stock after acquiring an additional 592,505 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in CNH Industrial were worth $10,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in CNH. Measured Wealth Private Client Group LLC purchased a new stake in shares of CNH Industrial in the third quarter valued at about $29,000. Elevation Wealth Partners LLC purchased a new position in CNH Industrial during the fourth quarter worth about $31,000. Rothschild Investment LLC grew its position in CNH Industrial by 1,734.2% in the 4th quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock worth $32,000 after purchasing an additional 3,295 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in CNH Industrial in the 4th quarter valued at about $34,000. Finally, Advisory Services Network LLC bought a new position in shares of CNH Industrial during the 3rd quarter worth approximately $37,000. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

NYSE CNH opened at $10.60 on Friday. The company has a market capitalization of $13.14 billion, a PE ratio of 34.19, a price-to-earnings-growth ratio of 1.46 and a beta of 1.14. 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 52-week low of $9.00 and a 52-week high of $13.48. The company has a 50-day simple moving average of $10.56 and a 200 day simple moving average of $10.88.

CNH Industrial (NYSE:CNH) last released its earnings results on Thursday, April 30th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. CNH Industrial had a net margin of 2.13% and a return on equity of 7.48%. The firm had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same period in the previous year, the company earned $0.10 earnings per share. The company’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. On average, research analysts predict that CNH Industrial N.V. will post 0.4 EPS for the current year.

Insider Buying and Selling

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the company’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 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 document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

CNH has been the topic of a number of research analyst reports. Truist Financial set a $16.00 target price on CNH Industrial in a research note on Friday, May 1st. Evercore set a $12.25 price target on CNH Industrial in a research report on Monday, May 11th. DA Davidson reiterated a “neutral” rating and set a $12.00 price target on shares of CNH Industrial in a report on Monday, May 4th. Weiss Ratings cut CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. boosted their price objective on CNH Industrial from $9.50 to $10.00 and gave the stock an “underweight” rating in a research report on Monday. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target 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.