Cambiar Investors LLC Cuts Stock Holdings in CNH Industrial N.V. $CNH

Key Points

• Cambiar Investors LLC has reduced its holdings in CNH Industrial N.V. by 18.7% during the first quarter, now owning 1,207,447 shares valued at approximately $14.8 million.
• Other institutional investors, such as Vanguard Group Inc. and Charles Schwab Investment Management, have increased their stakes in CNH Industrial, indicating a mixed sentiment among investors.
• CNH Industrial recently reported earnings of $0.17 per share for the last quarter, surpassing expectations, despite a 14.2% year-over-year revenue decline.

Cambiar Investors LLC decreased its stake in CNH Industrial N.V. (NYSE:CNH - Free Report) by 18.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,207,447 shares of the company's stock after selling 278,424 shares during the period. Cambiar Investors LLC owned 0.10% of CNH Industrial worth $14,827,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Colonial Trust Co SC bought a new stake in shares of CNH Industrial in the fourth quarter valued at approximately $25,000. Global X Japan Co. Ltd. bought a new stake in shares of CNH Industrial in the first quarter valued at approximately $29,000. TD Waterhouse Canada Inc. bought a new stake in shares of CNH Industrial in the fourth quarter valued at approximately $29,000. LGT Financial Advisors LLC bought a new stake in shares of CNH Industrial in the fourth quarter valued at approximately $32,000. Finally, Harbour Investments Inc. raised its position in shares of CNH Industrial by 697.1% in the first quarter. Harbour Investments Inc. now owns 4,376 shares of the company's stock valued at $54,000 after purchasing an additional 3,827 shares during the period. Institutional investors own 59.88% of the company's stock.

CNH Industrial Price Performance

CNH stock traded up $0.4050 during midday trading on Friday, reaching $12.3750. The company had a trading volume of 3,596,319 shares, compared to its average volume of 17,830,742. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. CNH Industrial N.V. has a 1 year low of $9.92 and a 1 year high of $14.27. The firm has a 50-day moving average price of $12.88 and a 200-day moving average price of $12.58. The company has a market capitalization of $15.48 billion, a P/E ratio of 19.04 and a beta of 1.54.

CNH Industrial (NYSE:CNH - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.47 billion. During the same period in the previous year, the firm posted $0.38 earnings per share. The firm's revenue for the quarter was down 14.2% on a year-over-year basis. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. On average, research analysts anticipate that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on CNH shares. UBS Group boosted their price target on shares of CNH Industrial from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Citigroup boosted their price target on shares of CNH Industrial from $14.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Oppenheimer boosted their price target on shares of CNH Industrial from $15.00 to $16.00 and gave the company an "outperform" rating in a research report on Tuesday, July 15th. The Goldman Sachs Group lowered shares of CNH Industrial from a "buy" rating to a "neutral" rating and lowered their price target for the company from $12.50 to $11.50 in a research report on Wednesday, July 16th. Finally, Wall Street Zen began coverage on shares of CNH Industrial in a report on Wednesday, April 30th. They set a "sell" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $15.21.

About CNH Industrial

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.