CNH Industrial (NYSE:CNH) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of CNH Industrial (NYSE:CNH) from a sell rating to a hold rating in a research note released on Saturday.

Several other research firms have also recently weighed in on CNH. Weiss Ratings reissued a “sell (d+)” rating on shares of CNH Industrial in a research report on Monday, December 29th. Citigroup boosted their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Truist Financial set a $12.00 price target on CNH Industrial in a research report on Wednesday, January 14th. Raymond James Financial reduced their price objective on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. Finally, Cfra restated a “hold” rating and set a $11.00 target price on shares of CNH Industrial in a research report on Monday, November 10th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $12.97.

CNH Industrial Stock Performance

Shares of CNH Industrial stock opened at $10.74 on Friday. The business has a 50 day moving average price of $9.93 and a 200-day moving average price of $10.81. CNH Industrial has a 52 week low of $9.00 and a 52 week high of $14.27. The company has a market cap of $13.39 billion, a PE ratio of 22.86 and a beta of 1.29. The company has a quick ratio of 10.82, a current ratio of 13.01 and a debt-to-equity ratio of 3.49.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings data on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.05). The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. CNH Industrial’s revenue was down 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Equities analysts anticipate that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Suzanne Heywood purchased 52,522 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were bought at an average cost of $9.52 per share, for a total transaction of $500,009.44. Following the completion of the transaction, the director directly owned 619,427 shares of the company’s stock, valued at $5,896,945.04. This trade represents a 9.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Vagn O. Sorensen purchased 10,385 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were acquired at an average cost of $9.62 per share, with a total value of $99,903.70. Following the completion of the transaction, the director owned 40,396 shares in the company, valued at $388,609.52. This trade represents a 34.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 73,007 shares of company stock valued at $700,182. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On CNH Industrial

Several hedge funds have recently added to or reduced their stakes in the stock. Quent Capital LLC purchased a new stake in CNH Industrial during the 3rd quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of CNH Industrial during the 3rd quarter valued at $29,000. Elevation Wealth Partners LLC bought a new position in shares of CNH Industrial in the 4th quarter worth 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 worth $37,000 after purchasing an additional 1,924 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in CNH Industrial in the 3rd quarter worth approximately $37,000. 59.88% of the stock is owned by institutional investors.

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.