Paradoxiom Capital L.P. Has $3.48 Million Stake in CNH Industrial N.V. $CNH

Key Points

• Paradoxiom Capital L.P. has reduced its stake in CNH Industrial N.V. by 44.3%, leaving it with 283,138 shares worth approximately $3.47 million.
• Multiple hedge funds have initiated or increased positions in CNH Industrial, with 59.88% of the company's stock now held by institutional investors.
• CNH Industrial's recent quarterly earnings exceeded expectations, reporting $0.17 EPS and $4.71 billion in revenue, though revenue dropped 14.2% year over year.

Paradoxiom Capital L.P. decreased its position in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 44.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 283,138 shares of the company's stock after selling 225,466 shares during the quarter. CNH Industrial accounts for approximately 2.3% of Paradoxiom Capital L.P.'s investment portfolio, making the stock its 27th largest position. Paradoxiom Capital L.P.'s holdings in CNH Industrial were worth $3,477,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CNH. Bank Pictet & Cie Europe AG bought a new stake in shares of CNH Industrial during the 4th quarter worth approximately $1,937,000. Bank of America Corp DE bought a new stake in CNH Industrial during the fourth quarter worth $46,967,000. Balyasny Asset Management L.P. bought a new stake in CNH Industrial during the fourth quarter worth $13,104,000. Captrust Financial Advisors acquired a new stake in shares of CNH Industrial in the 4th quarter valued at $2,287,000. Finally, Cetera Investment Advisers bought a new position in shares of CNH Industrial in the 4th quarter valued at $669,000. 59.88% of the stock is owned by institutional investors.

CNH Industrial Trading Down 0.2%

NYSE CNH traded down $0.02 on Thursday, hitting $11.22. The company's stock had a trading volume of 14,779,968 shares, compared to its average volume of 17,401,680. The company's 50-day moving average is $12.52 and its 200 day moving average is $12.47. The firm has a market cap of $14.03 billion, a PE ratio of 17.26 and a beta of 1.51. CNH Industrial N.V. has a 1-year low of $9.92 and a 1-year high of $14.27. 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 issued its quarterly earnings results on Friday, August 1st. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company had revenue of $4.71 billion for 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%. CNH Industrial's revenue was down 14.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.38 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. As a group, analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Evercore ISI upped their price objective on CNH Industrial from $13.00 to $15.00 and gave the stock an "in-line" rating in a research report on Monday, May 19th. The Goldman Sachs Group downgraded shares of CNH Industrial from a "buy" rating to a "neutral" rating and reduced their price target for the company from $12.50 to $11.50 in a research note on Wednesday, July 16th. Citigroup lifted their price target on shares of CNH Industrial from $14.00 to $16.00 and gave the company a "buy" rating in a report on Friday, May 30th. Oppenheimer increased their price objective on shares of CNH Industrial from $15.00 to $16.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. decreased their target price on shares of CNH Industrial from $13.00 to $12.00 and set a "neutral" rating on the stock in a research note on Tuesday, September 2nd. One equities research 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 stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $15.13.

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.