CNH Industrial (NYSE:CNH) Sets New 12-Month High - Still a Buy?

Key Points

• CNH Industrial shares reached a new 52-week high of $14.46, trading around $14.02, while the analyst consensus remains “Hold” with an average price target of $13.10.
• Analyst views are mixed but generally improving: eight analysts rate the stock a Buy, six a Hold and one a Sell. Recent targets include $15 from Truist Financial and Robert W. Baird.
• The company exceeded quarterly expectations with EPS of $0.13 versus $0.11 expected and revenue of $4.80 billion, up 2% year over year; institutional investors own nearly 60% of the shares.

CNH Industrial N.V. (NYSE:CNH - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $14.46 and last traded at $14.0230, with a volume of 26022660 shares traded. The stock had previously closed at $14.40.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Truist Financial reaffirmed a "buy" rating and issued a $15.00 price objective (down from $16.00) on shares of CNH Industrial in a report on Tuesday, August 4th. Robert W. Baird upgraded CNH Industrial from a "neutral" rating to an "outperform" rating and set a $15.00 price target for the company in a research report on Monday, August 31st. Weiss Ratings raised shares of CNH Industrial from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, September 2nd. Sanford C. Bernstein reissued a "market perform" rating on shares of CNH Industrial in a research note on Tuesday, August 4th. Finally, BMO Capital Markets upped their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the stock a "market perform" rating in a research report on Tuesday, August 4th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $13.10.

CNH Industrial Stock Performance

The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. The company has a market capitalization of $17.44 billion, a price-to-earnings ratio of 56.09, a P/E/G ratio of 2.54 and a beta of 1.17. The firm has a 50-day simple moving average of $11.11 and a two-hundred day simple moving average of $10.96.

CNH Industrial (NYSE:CNH - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The business had revenue of $4.80 billion during the quarter, compared to analysts' expectations of $4.77 billion. During the same quarter last year, the business posted $0.17 EPS. The business's quarterly revenue was up 2.0% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. On average, sell-side analysts anticipate that CNH Industrial N.V. will post 0.45 EPS for the current fiscal year.

Institutional Investors Weigh In On CNH Industrial

Several large investors have recently modified their holdings of CNH. AQR Capital Management LLC boosted its holdings in shares of CNH Industrial by 395.2% in the fourth quarter. AQR Capital Management LLC now owns 17,308,839 shares of the company's stock valued at $159,587,000 after acquiring an additional 13,813,670 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of CNH Industrial by 267.6% in the first quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company's stock valued at $202,682,000 after buying an additional 13,413,731 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of CNH Industrial by 855.2% during the 2nd quarter. California State Teachers Retirement System now owns 13,390,776 shares of the company's stock valued at $150,378,000 after acquiring an additional 11,988,857 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of CNH Industrial in the 4th quarter worth approximately $89,964,000. Finally, Dimensional Fund Advisors LP raised its holdings in CNH Industrial by 45.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company's stock worth $247,338,000 after purchasing an additional 8,332,615 shares during the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

CNH Industrial Company Profile

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company's product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.

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