Mn Services Vermogensbeheer B.V. Has $4.23 Million Position in CNH Industrial N.V. $CNH

Key Points

• Mn Services Vermogensbeheer B.V. has reduced its holdings in CNH Industrial N.V. by 13.7%, now owning 326,600 shares worth approximately $4.23 million.
• Insider Francesco Vincenzo Mari Tutino sold 12,271 shares of CNH Industrial, decreasing their position by 45.10%, which highlights insider trading activity amidst stock volatility.
• Analysts have given mixed ratings on CNH Industrial, with Goldman Sachs downgrading the stock's rating and target price, while Citigroup boosted their price objective, indicating diverse perspectives on the company's future.

Mn Services Vermogensbeheer B.V. trimmed its holdings in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 13.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 326,600 shares of the company's stock after selling 51,800 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in CNH Industrial were worth $4,233,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in CNH Industrial by 186.0% in the first quarter. Vanguard Group Inc. now owns 90,704,159 shares of the company's stock valued at $1,113,847,000 after buying an additional 58,991,632 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in CNH Industrial by 1.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 21,001,755 shares of the company's stock valued at $257,719,000 after buying an additional 395,005 shares during the last quarter. Alliancebernstein L.P. increased its holdings in CNH Industrial by 125.8% in the first quarter. Alliancebernstein L.P. now owns 18,220,662 shares of the company's stock valued at $223,750,000 after buying an additional 10,149,760 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of CNH Industrial by 3.3% during the first quarter. Dimensional Fund Advisors LP now owns 14,779,377 shares of the company's stock valued at $181,481,000 after purchasing an additional 471,610 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of CNH Industrial by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,605,783 shares of the company's stock valued at $105,679,000 after purchasing an additional 36,343 shares during the last quarter. 59.88% of the stock is owned by hedge funds and other institutional investors.

CNH Industrial Price Performance

Shares of NYSE CNH traded down $0.07 during mid-day trading on Tuesday, hitting $10.94. 4,367,473 shares of the stock were exchanged, compared to its average volume of 17,208,699. The company has a market cap of $13.68 billion, a P/E ratio of 16.82 and a beta of 1.51. The stock's fifty day simple moving average is $12.11 and its two-hundred day simple moving average is $12.39. 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 N.V. has a twelve month low of $10.00 and a twelve month high of $14.27.

CNH Industrial (NYSE:CNH - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.47 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The company's revenue was down 14.2% on a year-over-year basis. During the same quarter last year, the business posted $0.38 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. As a group, analysts forecast that CNH Industrial N.V. will post 0.7 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on CNH. JPMorgan Chase & Co. lowered their target price on CNH Industrial from $13.00 to $12.00 and set a "neutral" rating for the company in a report on Tuesday, September 2nd. Oppenheimer cut their target price on CNH Industrial from $16.00 to $13.00 and set an "outperform" rating for the company in a research report on Thursday, September 18th. The Goldman Sachs Group downgraded CNH Industrial from a "buy" rating to a "neutral" rating and cut their price objective for the company from $12.50 to $11.50 in a research report on Wednesday, July 16th. Finally, Citigroup increased their price objective on CNH Industrial from $14.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, CNH Industrial currently has an average rating of "Moderate Buy" and an average target price of $14.88.

Insider Buying and Selling at CNH Industrial

In other news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $12.53, for a total transaction of $153,755.63. Following the completion of the sale, the insider owned 14,940 shares of the company's stock, valued at approximately $187,198.20. This trade represents a 45.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.23% of the company's stock.

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.