Nuveen LLC Invests $29.14 Million in CNH Industrial N.V. $CNH

Nuveen LLC purchased a new position in CNH Industrial N.V. (NYSE:CNH - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,373,193 shares of the company's stock, valued at approximately $29,143,000. Nuveen LLC owned about 0.19% of CNH Industrial at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CNH. Teacher Retirement System of Texas acquired a new position in shares of CNH Industrial in the 1st quarter valued at $1,570,000. Fifth Third Bancorp grew its stake in CNH Industrial by 29.3% during the 1st quarter. Fifth Third Bancorp now owns 6,241 shares of the company's stock valued at $77,000 after purchasing an additional 1,416 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of CNH Industrial by 450.0% in the first quarter. SG Americas Securities LLC now owns 60,202 shares of the company's stock valued at $739,000 after purchasing an additional 49,256 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of CNH Industrial in the fourth quarter worth about $1,233,000. Finally, GAMMA Investing LLC lifted its holdings in shares of CNH Industrial by 169.2% during the first quarter. GAMMA Investing LLC now owns 7,225 shares of the company's stock worth $89,000 after purchasing an additional 4,541 shares during the period. 59.88% of the stock is currently owned by institutional investors and hedge funds.

CNH Industrial Price Performance

CNH traded up $0.3750 during trading on Friday, hitting $12.3450. The company's stock had a trading volume of 1,894,150 shares, compared to its average volume of 17,818,711. The company has a current ratio of 12.33, a quick ratio of 10.34 and a debt-to-equity ratio of 3.52. CNH Industrial N.V. has a twelve month low of $9.92 and a twelve month high of $14.27. The business's fifty day simple moving average is $12.88 and its 200 day simple moving average is $12.58. The firm has a market capitalization of $15.44 billion, a price-to-earnings ratio of 19.04 and a beta of 1.54.

CNH Industrial (NYSE:CNH - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.47 billion. During the same period last year, the company earned $0.38 earnings per share. CNH Industrial's quarterly revenue was down 14.2% compared to the same quarter last year. 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 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CNH. Wall Street Zen started coverage on shares of CNH Industrial in a report on Wednesday, April 30th. They issued a "sell" rating on the stock. Oppenheimer raised their price target on shares of CNH Industrial from $15.00 to $16.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Citigroup raised 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. UBS Group raised their price target on shares of CNH Industrial from $13.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Finally, Evercore ISI raised their price target on shares of CNH Industrial from $13.00 to $15.00 and gave the stock an "in-line" rating in a research report on Monday, May 19th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, CNH Industrial presently has a consensus rating of "Moderate Buy" and an average target price of $15.21.

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.