Gamco Investors INC. ET AL Cuts Holdings in CNH Industrial N.V. $CNH

Gamco Investors INC. ET AL lowered its position in CNH Industrial N.V. (NYSE:CNH) by 1.5% in the third quarter, HoldingsChannel reports. The fund owned 7,886,313 shares of the company’s stock after selling 121,274 shares during the quarter. CNH Industrial accounts for about 0.8% of Gamco Investors INC. ET AL’s portfolio, making the stock its 18th largest position. Gamco Investors INC. ET AL’s holdings in CNH Industrial were worth $85,566,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC increased its stake in shares of CNH Industrial by 12.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock valued at $198,000 after purchasing an additional 1,772 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in CNH Industrial by 70.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock worth $27,856,000 after purchasing an additional 938,035 shares in the last quarter. Atria Investments Inc boosted its position in CNH Industrial by 32.3% during the second quarter. Atria Investments Inc now owns 50,567 shares of the company’s stock worth $655,000 after purchasing an additional 12,348 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in CNH Industrial in the second quarter valued at approximately $3,296,000. Finally, AE Wealth Management LLC grew its holdings in CNH Industrial by 9.7% in the second quarter. AE Wealth Management LLC now owns 21,861 shares of the company’s stock valued at $283,000 after purchasing an additional 1,940 shares during the period. 59.88% of the stock is owned by hedge funds and other institutional investors.

CNH Industrial Price Performance

Shares of CNH Industrial stock opened at $11.16 on Friday. The business has a 50 day simple moving average of $11.32 and a two-hundred day simple moving average of $10.75. CNH Industrial N.V. has a 12 month low of $9.00 and a 12 month high of $14.27. The stock has a market capitalization of $13.84 billion, a P/E ratio of 27.89, a PEG ratio of 1.65 and a beta of 1.24. The company has a debt-to-equity ratio of 3.44, a current ratio of 13.34 and a quick ratio of 11.36.

CNH Industrial (NYSE:CNH) last released its earnings results on Tuesday, February 17th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.08. The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.91 billion. CNH Industrial had a return on equity of 8.90% and a net margin of 2.82%.During the same quarter last year, the business posted $0.15 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. As a group, analysts predict that CNH Industrial N.V. will post 0.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Weiss Ratings raised CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. DA Davidson lifted their price target on shares of CNH Industrial from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Wall Street Zen raised shares of CNH Industrial from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Cfra restated a “hold” rating and set a $11.00 price objective on shares of CNH Industrial in a research report on Monday, November 10th. Finally, Citigroup increased their price objective on shares of CNH Industrial from $12.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, CNH Industrial currently has a consensus rating of “Hold” and an average target price of $13.37.

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.