CNH Industrial N.V. (NYSE:CNH) Given Average Rating of "Hold" by Brokerages

Key Points

• Analyst consensus is “Hold”: Of 15 analysts covering CNH Industrial, eight rate it a buy, six hold, and one sell. The average 12-month price target is $13.10, below the reported share price of $13.56.
• Quarterly results modestly exceeded expectations: CNH reported $0.13 in EPS versus the $0.11 consensus estimate and revenue of $4.80 billion, up 2% year over year. Analysts forecast approximately $0.45 in EPS for the current year.
• Institutional ownership is substantial: Hedge funds and other institutional investors own 59.88% of the company, with several major institutions significantly increasing their positions.

CNH Industrial N.V. (NYSE:CNH - Get Free Report) has been given a consensus rating of "Hold" by the fifteen analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $13.10.

Several equities research analysts have commented on CNH shares. DA Davidson restated a "neutral" rating and set a $12.00 target price on shares of CNH Industrial in a research report on Wednesday, August 19th. Evercore upgraded shares of CNH Industrial from an "in-line" rating to an "outperform" rating and set a $18.00 target price on the stock in a research report on Wednesday, September 2nd. BMO Capital Markets increased their target price on shares of CNH Industrial from $11.00 to $12.00 and gave the company a "market perform" rating in a report on Tuesday, August 4th. Robert W. Baird upgraded shares of CNH Industrial from a "neutral" rating to an "outperform" rating and set a $15.00 price target for the company in a research report on Monday, August 31st. Finally, Truist Financial restated a "buy" rating and issued a $15.00 price target (down from $16.00) on shares of CNH Industrial in a report on Tuesday, August 4th.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $13.56 on Friday. CNH Industrial has a 52 week low of $9.00 and a 52 week high of $14.46. The company has a 50-day moving average price of $11.33 and a 200 day moving average price of $10.99. The company has a market cap of $16.79 billion, a P/E ratio of 54.25, a PEG ratio of 2.39 and a beta of 1.17. The company has a quick ratio of 10.16, a current ratio of 12.23 and a debt-to-equity ratio of 3.33.

CNH Industrial (NYSE:CNH - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping 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 business had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.77 billion. During the same period in the prior year, the business posted $0.17 EPS. The company'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. Research analysts predict that CNH Industrial will post 0.45 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CNH. AQR Capital Management LLC raised its holdings 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 worth $159,587,000 after acquiring an additional 13,813,670 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of CNH Industrial by 267.6% during the first quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company's stock valued at $202,682,000 after acquiring an additional 13,413,731 shares during the last quarter. California State Teachers Retirement System increased its position in CNH Industrial by 855.2% during the 2nd quarter. California State Teachers Retirement System now owns 13,390,776 shares of the company's stock worth $150,378,000 after purchasing an additional 11,988,857 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in CNH Industrial during the 4th quarter worth about $89,964,000. Finally, Dimensional Fund Advisors LP raised its stake in CNH Industrial by 45.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company's stock valued at $247,338,000 after purchasing an additional 8,332,615 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company's stock.

About CNH Industrial

CNH Industrial N.V. NYSE: CNH is a global manufacturer of agricultural and construction equipment. The company develops, produces and sells machinery, technology and related services for farming, infrastructure development, road building and other industrial applications.

Its agricultural portfolio includes tractors, combines, harvesters, seeding and planting equipment, hay and forage machinery, sprayers and precision-agriculture technologies. Key agricultural brands include Case IH, New Holland Agriculture and STEYR, while the company's precision-technology offerings include products and solutions associated with Raven Industries.

CNH's construction business offers equipment such as excavators, wheel loaders, dozers, graders, skid steers and compact track loaders through brands including CASE Construction Equipment and New Holland Construction.

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