89,734 Shares in CNH Industrial N.V. $CNH Bought by Inceptionr LLC

Inceptionr LLC bought a new stake in shares of CNH Industrial N.V. (NYSE:CNH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 89,734 shares of the company’s stock, valued at approximately $1,163,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CNH. Twin Tree Management LP raised its holdings in shares of CNH Industrial by 1,068.0% during the first quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock valued at $29,000 after acquiring an additional 2,606 shares during the last quarter. Brooklyn Investment Group grew its holdings in shares of CNH Industrial by 218.3% in the first quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock valued at $42,000 after purchasing an additional 2,325 shares during the period. Harbour Investments Inc. increased its holdings in shares of CNH Industrial by 697.1% during the 1st quarter. Harbour Investments Inc. now owns 4,376 shares of the company’s stock worth $54,000 after buying an additional 3,827 shares during the last quarter. Advantage Trust Co acquired a new stake in CNH Industrial during the second quarter worth $54,000. Finally, SVB Wealth LLC purchased a new stake in CNH Industrial in the 1st quarter valued at about $59,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CNH. Oppenheimer decreased their price objective on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a report on Thursday, September 18th. Truist Financial restated a “buy” rating and set a $13.00 price target (down from $14.00) on shares of CNH Industrial in a research note on Monday, November 10th. DA Davidson dropped their price objective on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, November 11th. Barclays decreased their target price on CNH Industrial from $16.00 to $14.00 and set an “overweight” rating on the stock in a research note on Monday, October 20th. Finally, UBS Group dropped their target price on CNH Industrial from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $13.67.

CNH Industrial Trading Down 3.1%

CNH opened at $9.42 on Thursday. The business has a fifty day moving average price of $10.39 and a 200 day moving average price of $11.83. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. CNH Industrial N.V. has a 12 month low of $9.00 and a 12 month high of $14.27. The stock has a market capitalization of $11.73 billion, a price-to-earnings ratio of 14.48 and a beta of 1.52.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.05). CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The company had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter in the previous year, the business posted $0.24 EPS. The business’s quarterly revenue was down 5.5% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Sell-side analysts expect that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Howard W. Buffett acquired 6,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was acquired at an average cost of $9.68 per share, with a total value of $58,080.00. Following the transaction, the director owned 29,303 shares in the company, valued at approximately $283,653.04. This trade represents a 25.75% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Suzanne Heywood bought 52,522 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was acquired at an average cost of $9.52 per share, for a total transaction of $500,009.44. Following the acquisition, the director directly owned 619,427 shares of the company’s stock, valued at $5,896,945.04. The trade was a 9.26% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 73,007 shares of company stock worth $700,182 over the last 90 days. 1.00% of the stock is owned by insiders.

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.