Glenmede Trust Co. NA decreased its stake in CNH Industrial N.V. (NYSE:CNH – Free Report) by 93.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,989 shares of the company’s stock after selling 159,786 shares during the quarter. Glenmede Trust Co. NA’s holdings in CNH Industrial were worth $121,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of CNH. Measured Wealth Private Client Group LLC purchased a new stake in CNH Industrial during the third quarter valued at about $29,000. Advisory Services Network LLC purchased a new position in shares of CNH Industrial in the third quarter worth approximately $37,000. Rothschild Investment LLC increased its position in shares of CNH Industrial by 1,734.2% in the fourth quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock worth $32,000 after acquiring an additional 3,295 shares in the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of CNH Industrial by 923.2% during the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock valued at $47,000 after acquiring an additional 3,296 shares during the period. Finally, Kestra Advisory Services LLC acquired a new stake in shares of CNH Industrial during the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the stock. Truist Financial reiterated a “buy” rating and set a $15.00 price objective (down from $16.00) on shares of CNH Industrial in a research report on Tuesday, August 4th. The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and reduced their target price for the company from $12.00 to $10.50 in a report on Monday, May 11th. JPMorgan Chase & Co. raised their target price on CNH Industrial from $9.50 to $10.00 and gave the stock an “underweight” rating in a research report on Monday, July 13th. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, July 29th. Finally, Evercore set a $12.25 price target on CNH Industrial in a research report on Monday, May 11th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $12.58.
CNH Industrial Price Performance
Shares of NYSE:CNH opened at $10.48 on Tuesday. The company has a current ratio of 12.23, a quick ratio of 10.16 and a debt-to-equity ratio of 3.33. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $13.31. The business has a fifty day simple moving average of $10.67 and a 200 day simple moving average of $10.96. The firm has a market cap of $12.97 billion, a price-to-earnings ratio of 41.92, a P/E/G ratio of 1.93 and a beta of 1.15.
CNH Industrial (NYSE:CNH – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The firm had revenue of $4.80 billion during the quarter, compared to analysts’ expectations of $4.77 billion. During the same quarter last year, the firm earned $0.17 earnings per share. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, sell-side analysts predict that CNH Industrial N.V. will post 0.45 earnings per share for the current fiscal year.
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.
Featured Articles
- Five stocks we like better than CNH Industrial
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
Want to see what other hedge funds are holding CNH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CNH Industrial N.V. (NYSE:CNH – Free Report).
Receive News & Ratings for CNH Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNH Industrial and related companies with MarketBeat.com's FREE daily email newsletter.
