AustralianSuper Pty Ltd Decreases Stock Holdings in CNH Industrial N.V. $CNH

AustralianSuper Pty Ltd trimmed its position in shares of CNH Industrial N.V. (NYSE:CNH) by 56.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 730,877 shares of the company’s stock after selling 956,765 shares during the period. AustralianSuper Pty Ltd’s holdings in CNH Industrial were worth $7,930,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Marshall Wace LLP increased its holdings in CNH Industrial by 21,312.8% during the 2nd quarter. Marshall Wace LLP now owns 6,781,205 shares of the company’s stock valued at $87,884,000 after purchasing an additional 6,749,536 shares during the period. Norges Bank bought a new stake in shares of CNH Industrial in the 2nd quarter worth approximately $61,198,000. BNP Paribas Financial Markets increased its stake in shares of CNH Industrial by 323.0% during the second quarter. BNP Paribas Financial Markets now owns 4,776,930 shares of the company’s stock valued at $61,909,000 after buying an additional 3,647,517 shares during the period. Schroder Investment Management Group raised its holdings in shares of CNH Industrial by 5,176.5% during the second quarter. Schroder Investment Management Group now owns 1,917,684 shares of the company’s stock valued at $24,853,000 after acquiring an additional 1,881,340 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in CNH Industrial by 7.6% in the second quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock worth $254,062,000 after acquiring an additional 1,382,861 shares during the period. 59.88% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wall Street Zen downgraded shares of CNH Industrial from a “hold” rating to a “sell” rating in a research report on Saturday, January 17th. Citigroup boosted their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. DA Davidson lowered their price objective on shares of CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a report on Tuesday, November 11th. Cfra reaffirmed a “hold” rating and set a $11.00 price objective on shares of CNH Industrial in a research report on Monday, November 10th. Finally, Raymond James Financial decreased their target price on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.97.

Insider Buying and Selling at CNH Industrial

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

CNH Industrial Price Performance

Shares of CNH opened at $10.85 on Friday. The stock has a market cap of $13.52 billion, a PE ratio of 23.07 and a beta of 1.29. The company has a debt-to-equity ratio of 3.49, a quick ratio of 10.82 and a current ratio of 13.01. CNH Industrial N.V. has a fifty-two week low of $9.00 and a fifty-two week high of $14.27. The firm’s 50-day simple moving average is $9.91 and its two-hundred day simple moving average is $10.85.

CNH Industrial (NYSE:CNH) last released its earnings results 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 3.35% and a return on equity of 8.32%. The business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter in the previous year, the business posted $0.24 earnings per share. CNH Industrial’s revenue for the quarter was down 5.5% on a year-over-year basis. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Analysts anticipate that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

CNH Industrial 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.