CNH Industrial N.V. (NYSE:CNH) Shares Purchased by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. raised its holdings in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 1.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,499,343 shares of the company's stock after buying an additional 44,319 shares during the period. CNH Industrial comprises 2.8% of Guyasuta Investment Advisors Inc.'s investment portfolio, making the stock its 8th largest position. Guyasuta Investment Advisors Inc. owned 0.28% of CNH Industrial worth $42,972,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Mission Wealth Management LP increased its stake in CNH Industrial by 3.0% during the first quarter. Mission Wealth Management LP now owns 36,842 shares of the company's stock valued at $452,000 after purchasing an additional 1,056 shares during the last quarter. Fifth Third Bancorp grew its position in CNH Industrial by 29.3% in the 1st quarter. Fifth Third Bancorp now owns 6,241 shares of the company's stock valued at $77,000 after buying an additional 1,416 shares in the last quarter. Colonial Trust Co SC bought a new position in CNH Industrial in the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC bought a new position in CNH Industrial in the 4th quarter valued at about $25,000. Finally, Anchor Investment Management LLC acquired a new stake in CNH Industrial in the 4th quarter valued at about $26,000. 59.88% of the stock is owned by institutional investors and hedge funds.

CNH Industrial Stock Down 2.3%

Shares of NYSE CNH traded down $0.29 during mid-day trading on Wednesday, hitting $12.59. 17,356,448 shares of the stock traded hands, compared to its average volume of 14,110,533. The company has a market cap of $15.73 billion, a price-to-earnings ratio of 15.35 and a beta of 1.52. The company has a debt-to-equity ratio of 3.29, a quick ratio of 11.18 and a current ratio of 13.41. CNH Industrial N.V. has a 52 week low of $9.28 and a 52 week high of $13.87. The stock has a fifty day moving average price of $12.54 and a 200-day moving average price of $12.28.

CNH Industrial (NYSE:CNH - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $4.47 billion. CNH Industrial had a return on equity of 14.32% and a net margin of 5.53%. The firm's revenue was down 20.5% compared to the same quarter last year. Research analysts anticipate that CNH Industrial N.V. will post 0.7 EPS for the current year.

Insiders Place Their Bets

In other CNH Industrial news, CTO Jay Schroeder sold 2,154 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $12.70, for a total transaction of $27,355.80. Following the completion of the sale, the chief technology officer now directly owns 32,762 shares in the company, valued at approximately $416,077.40. The trade was a 6.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Suzanne Heywood sold 11,053 shares of the company's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $140,373.10. Following the completion of the transaction, the director now owns 566,905 shares in the company, valued at $7,199,693.50. This represents a 1.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 40,246 shares of company stock valued at $511,732. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CNH. Citigroup increased their price target on shares of CNH Industrial from $14.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, May 30th. Morgan Stanley reduced their target price on CNH Industrial from $16.50 to $15.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Evercore ISI lifted their price target on CNH Industrial from $13.00 to $15.00 and gave the company an "in-line" rating in a report on Monday, May 19th. UBS Group lifted their price objective on CNH Industrial from $13.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Finally, Truist Financial decreased their price objective on CNH Industrial from $17.00 to $16.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.08.

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.