CNH Industrial (NYSE:CNH) Shares Gap Up Following Analyst Upgrade

Key Points

• CNH Industrial shares rose after Robert W. Baird upgraded the stock from “neutral” to “outperform,” lifting the price target to $15.00. Shares opened at $12.11 versus a prior close of $11.68 and last traded near $11.90.
• Analyst sentiment remains mixed: MarketBeat reports an average rating of “Hold” and a consensus price target of $12.72, with seven Buy, five Hold, and two Sell ratings.
• CNH reported quarterly earnings of $0.13 per share, beating estimates of $0.11, while revenue reached $4.80 billion. Institutional investors own approximately 59.88% of the company’s outstanding shares.

Shares of CNH Industrial N.V. (NYSE:CNH - Get Free Report) gapped up before the market opened on Monday after Robert W. Baird upgraded the stock from a neutral rating to an outperform rating. The stock had previously closed at $11.68, but opened at $12.11. Robert W. Baird now has a $15.00 price target on the stock. CNH Industrial shares last traded at $11.8980, with a volume of 1,168,217 shares changing hands.

Several other analysts also recently issued reports on CNH. Truist Financial reiterated a "buy" rating and issued a $15.00 price target (down from $16.00) on shares of CNH Industrial in a report on Tuesday, August 4th. The Goldman Sachs Group downgraded CNH Industrial from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $12.00 to $10.50 in a research report on Monday, May 11th. DA Davidson reiterated a "neutral" rating and issued a $12.00 target price on shares of CNH Industrial in a research note on Wednesday, August 19th. Weiss Ratings downgraded CNH Industrial from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. boosted their price target on CNH Industrial from $9.50 to $10.00 and gave the stock an "underweight" rating in a research report on Monday, July 13th. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $12.72.

Institutional Trading of CNH Industrial

Several large investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC boosted its holdings in CNH Industrial by 12.3% in the first quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company's stock valued at $198,000 after purchasing an additional 1,772 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in CNH Industrial by 70.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company's stock worth $27,856,000 after purchasing an additional 938,035 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in CNH Industrial by 56.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,206 shares of the company's stock worth $106,000 after purchasing an additional 2,970 shares during the last quarter. Federated Hermes Inc. increased its holdings in CNH Industrial by 29.8% during the 2nd quarter. Federated Hermes Inc. now owns 107,456 shares of the company's stock worth $1,393,000 after purchasing an additional 24,669 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company's stock valued at $2,344,000 after purchasing an additional 1,100 shares in the last quarter. 59.88% of the stock is currently owned by institutional investors and hedge funds.

CNH Industrial Stock Performance

The company has a market capitalization of $14.77 billion, a price-to-earnings ratio of 47.78, a price-to-earnings-growth ratio of 2.06 and a beta of 1.15. The company has a current ratio of 12.23, a quick ratio of 10.16 and a debt-to-equity ratio of 3.33. The stock has a 50-day simple moving average of $10.78 and a 200-day simple moving average of $10.93.

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

About CNH Industrial

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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