UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Boosts Holdings in CNH Industrial N.V. $CNH

Key Points

• UBS Asset Management increased its stake in CNH Industrial N.V. by 0.4%, now owning over 8.6 million shares valued at approximately $105.7 million.
• Institutional investor interest in CNH Industrial has risen, with firms like Empowered Funds and AllianceBernstein significantly boosting their positions in the company.
• Analysts have mixed reviews on CNH Industrial, with recent price targets ranging from $11.50 to $16.00 and a consensus rating of "Moderate Buy".

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in CNH Industrial N.V. (NYSE:CNH - Free Report) by 0.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,605,783 shares of the company's stock after purchasing an additional 36,343 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.69% of CNH Industrial worth $105,679,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CNH. Bank Pictet & Cie Europe AG bought a new stake in shares of CNH Industrial in the 4th quarter worth $1,937,000. Cetera Investment Advisers purchased a new position in shares of CNH Industrial during the fourth quarter valued at $669,000. Cresset Asset Management LLC purchased a new position in shares of CNH Industrial during the fourth quarter valued at $220,000. Ensign Peak Advisors Inc purchased a new position in shares of CNH Industrial during the fourth quarter valued at $311,000. Finally, Focus Partners Wealth acquired a new stake in CNH Industrial during the fourth quarter valued at $477,000. Institutional investors own 59.88% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on CNH shares. Oppenheimer boosted their price target on CNH Industrial from $15.00 to $16.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Citigroup upped their price objective on CNH Industrial from $14.00 to $16.00 and gave the company a "buy" rating in a research note on Friday, May 30th. JPMorgan Chase & Co. decreased 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. Finally, The Goldman Sachs Group lowered CNH Industrial from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $12.50 to $11.50 in a research report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, CNH Industrial has an average rating of "Moderate Buy" and a consensus target price of $15.13.

CNH Industrial Stock Performance

NYSE:CNH traded up $0.23 during mid-day trading on Thursday, hitting $11.08. The stock had a trading volume of 3,653,003 shares, compared to its average volume of 17,204,719. CNH Industrial N.V. has a twelve month low of $10.00 and a twelve month high of $14.27. The stock has a market cap of $13.85 billion, a price-to-earnings ratio of 17.02 and a beta of 1.51. The company's 50 day simple moving average is $12.26 and its 200 day simple moving average is $12.41. 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 quarterly earnings data on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. The firm had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.47 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business's revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share. 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 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.