CNH Industrial N.V. $CNH Position Increased by Verition Fund Management LLC

Verition Fund Management LLC increased its position in shares of CNH Industrial N.V. (NYSE:CNH) by 3.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,884,419 shares of the company’s stock after buying an additional 54,968 shares during the quarter. Verition Fund Management LLC’s holdings in CNH Industrial were worth $17,374,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Daiwa Securities Group Inc. raised its holdings in shares of CNH Industrial by 0.6% during the second quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock worth $2,344,000 after acquiring an additional 1,100 shares in the last quarter. ProShare Advisors LLC raised its holdings in CNH Industrial by 2.6% during the fourth quarter. ProShare Advisors LLC now owns 47,074 shares of the company’s stock valued at $434,000 after buying an additional 1,187 shares in the last quarter. Parnassus Investments LLC raised its holdings in CNH Industrial by 6.7% during the fourth quarter. Parnassus Investments LLC now owns 21,529 shares of the company’s stock valued at $198,000 after buying an additional 1,355 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in CNH Industrial by 5.1% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 30,486 shares of the company’s stock valued at $281,000 after buying an additional 1,474 shares in the last quarter. Finally, Independent Advisor Alliance raised its holdings in CNH Industrial by 14.7% during the fourth quarter. Independent Advisor Alliance now owns 11,862 shares of the company’s stock valued at $109,000 after buying an additional 1,516 shares in the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of CNH Industrial stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $10.13, for a total transaction of $490,140.05. Following the sale, the insider directly owned 71,926 shares of the company’s stock, valued at $728,610.38. This trade represents a 40.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and cut their target price for the company from $12.00 to $10.50 in a report on Monday, May 11th. Weiss Ratings lowered CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. DA Davidson restated a “neutral” rating and set a $12.00 target price on shares of CNH Industrial in a report on Monday, May 4th. Evercore set a $12.25 target price on CNH Industrial in a report on Monday, May 11th. Finally, Robert W. Baird raised their target price on CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, CNH Industrial has an average rating of “Hold” and a consensus price target of $12.77.

CNH Industrial Trading Up 0.9%

Shares of NYSE:CNH opened at $10.69 on Tuesday. The company has a market cap of $13.26 billion, a P/E ratio of 34.50, a P/E/G ratio of 1.45 and a beta of 1.16. The stock’s 50-day moving average is $10.63 and its 200-day moving average is $10.70. CNH Industrial N.V. has a 52-week low of $9.00 and a 52-week high of $14.27. The company has a debt-to-equity ratio of 3.32, a quick ratio of 10.17 and a current ratio of 12.27.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.80 billion. During the same period last year, the business posted $0.10 earnings per share. The firm’s revenue was down .1% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. Equities research analysts predict that CNH Industrial N.V. will post 0.41 earnings per share for the current year.

CNH Industrial Cuts Dividend

The company also recently announced an annual dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a yield of 98.0%. CNH Industrial’s dividend payout ratio (DPR) is 32.26%.

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.