52,344 Shares in CNH Industrial N.V. $CNH Purchased by Invst LLC

Key Points

• Invst LLC made a new investment in CNH Industrial N.V., purchasing approximately 52,344 shares valued at $643,000 during the first quarter.
• Several institutional investors have significantly increased their positions in CNH Industrial, with Vanguard Group Inc. boosting its holdings by 186% in the same period.
• CNH Industrial's shares recently traded at $10.97, with a market capitalization of $13.72 billion and a debt-to-equity ratio of 3.52.

Invst LLC bought a new position in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 52,344 shares of the company's stock, valued at approximately $643,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. acquired a new position in shares of CNH Industrial in the first quarter worth about $29,000. Twin Tree Management LP grew its position in shares of CNH Industrial by 1,068.0% during the first quarter. Twin Tree Management LP now owns 2,362 shares of the company's stock worth $29,000 after buying an additional 2,606 shares in the last quarter. Brooklyn Investment Group increased its stake in shares of CNH Industrial by 218.3% in the first quarter. Brooklyn Investment Group now owns 3,390 shares of the company's stock worth $42,000 after buying an additional 2,325 shares during the last quarter. Harbour Investments Inc. boosted its stake in CNH Industrial by 697.1% during the 1st quarter. Harbour Investments Inc. now owns 4,376 shares of the company's stock valued at $54,000 after acquiring an additional 3,827 shares during the last quarter. Finally, SVB Wealth LLC acquired a new position in CNH Industrial during the 1st quarter worth $59,000. Institutional investors and hedge funds own 59.88% of the company's stock.

CNH Industrial Trading Up 2.3%

Shares of NYSE CNH traded up $0.25 during mid-day trading on Thursday, hitting $11.10. 4,515,073 shares of the company traded hands, compared to its average volume of 17,209,219. CNH Industrial N.V. has a 1 year low of $10.00 and a 1 year high of $14.27. The business has a 50 day moving average of $12.26 and a two-hundred day moving average of $12.41. The stock has a market capitalization of $13.88 billion, a price-to-earnings ratio of 17.05 and a beta of 1.51. The company has a quick ratio of 10.34, a current ratio of 12.33 and a debt-to-equity ratio of 3.52.

CNH Industrial (NYSE:CNH - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The firm had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.47 billion. During the same quarter last year, the business posted $0.38 EPS. The company'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, sell-side analysts anticipate that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CNH has been the topic of several research analyst reports. 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. JPMorgan Chase & Co. dropped their price target on CNH Industrial from $13.00 to $12.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 2nd. The Goldman Sachs Group cut shares of CNH Industrial from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $12.50 to $11.50 in a report on Wednesday, July 16th. Finally, Oppenheimer lifted their target price on CNH Industrial from $15.00 to $16.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, CNH Industrial has a consensus rating of "Moderate Buy" and a consensus target price of $15.13.

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.