Dimensional Fund Advisors LP Has $181.48 Million Holdings in CNH Industrial N.V. $CNH

Key Points

• Dimensional Fund Advisors LP increased its holdings in CNH Industrial N.V. by 3.3%, owning approximately 14.8 million shares valued at $181.5 million.
• The company recently reported earnings of $0.17 per share, exceeding expectations and generating $4.71 billion in revenue for the quarter.
• Several analysts have raised their price targets for CNH Industrial, with Oppenheimer setting a new target at $16.00 and UBS Group following suit, while Goldman Sachs downgraded the stock to a neutral rating.

Dimensional Fund Advisors LP boosted its position in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 3.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,779,377 shares of the company's stock after purchasing an additional 471,610 shares during the period. Dimensional Fund Advisors LP owned about 1.18% of CNH Industrial worth $181,481,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in CNH. Vanguard Group Inc. increased its holdings in CNH Industrial by 186.0% during the 1st quarter. Vanguard Group Inc. now owns 90,704,159 shares of the company's stock worth $1,113,847,000 after purchasing an additional 58,991,632 shares in the last quarter. Millennium Management LLC bought a new position in CNH Industrial during the 4th quarter worth about $136,517,000. DME Capital Management LP bought a new position in CNH Industrial during the 4th quarter worth about $115,959,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in CNH Industrial during the 4th quarter worth about $97,092,000. Finally, Northern Trust Corp bought a new position in CNH Industrial during the 4th quarter worth about $91,407,000. Institutional investors own 59.88% of the company's stock.

Analysts Set New Price Targets

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

CNH Industrial Stock Performance

NYSE:CNH traded up $0.4050 during mid-day trading on Friday, hitting $12.3750. The stock had a trading volume of 8,625,620 shares, compared to its average volume of 12,515,309. CNH Industrial N.V. has a twelve month low of $9.92 and a twelve month high of $14.27. The stock has a market cap of $15.48 billion, a price-to-earnings ratio of 19.04 and a beta of 1.54. The company's 50 day simple moving average is $12.88 and its 200 day simple moving average is $12.58. The company has a debt-to-equity ratio of 3.52, a quick ratio of 10.34 and a current ratio of 12.33.

CNH Industrial (NYSE:CNH - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, beating 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 last year, the business posted $0.38 EPS. CNH Industrial's revenue 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, equities research analysts forecast that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

CNH Industrial Company Profile

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.