Trinity Street Asset Management LLP Reduces Position in CNH Industrial N.V. $CNH

Trinity Street Asset Management LLP decreased its holdings in CNH Industrial N.V. (NYSE:CNH) by 1.9% in the first quarter, Holdings Channel reports. The fund owned 2,394,337 shares of the company’s stock after selling 47,193 shares during the period. CNH Industrial accounts for approximately 1.8% of Trinity Street Asset Management LLP’s investment portfolio, making the stock its 13th largest holding. Trinity Street Asset Management LLP’s holdings in CNH Industrial were worth $26,338,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of CNH Industrial by 395.2% in the fourth quarter. AQR Capital Management LLC now owns 17,308,839 shares of the company’s stock valued at $159,587,000 after purchasing an additional 13,813,670 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of CNH Industrial in the fourth quarter valued at approximately $89,964,000. Dimensional Fund Advisors LP lifted its position in CNH Industrial by 45.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock worth $247,338,000 after buying an additional 8,332,615 shares in the last quarter. Tweedy Browne Co LLC lifted its position in CNH Industrial by 51.9% during the fourth quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock worth $186,068,000 after buying an additional 6,899,583 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in CNH Industrial by 180.9% during the fourth quarter. Millennium Management LLC now owns 6,825,862 shares of the company’s stock worth $62,934,000 after buying an additional 4,395,896 shares during the last quarter. 59.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $10.13, for a total transaction of $490,140.05. Following the completion of the sale, the insider directly owned 71,926 shares of the company’s stock, valued at approximately $728,610.38. This trade represents a 40.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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

Several analysts have issued reports on the company. Truist Financial set a $16.00 target price on CNH Industrial in a report on Friday, May 1st. Weiss Ratings raised shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 25th. Barclays upped their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, April 1st. Evercore set a $12.25 price objective on shares of CNH Industrial in a research report on Monday, May 11th. Finally, Citigroup lifted their target price on shares of CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Six investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $12.77.

CNH Industrial Trading Down 1.4%

Shares of CNH Industrial stock opened at $11.23 on Wednesday. The stock has a 50 day moving average of $10.55 and a 200 day moving average of $10.79. The company has a debt-to-equity ratio of 3.32, a quick ratio of 10.17 and a current ratio of 12.27. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 36.24, a PEG ratio of 1.56 and a beta of 1.16. CNH Industrial N.V. has a fifty-two week low of $9.00 and a fifty-two week high of $14.27.

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

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.