Y Intercept Hong Kong Ltd Purchases Shares of 244,383 CNH Industrial N.V. $CNH

Y Intercept Hong Kong Ltd purchased a new stake in shares of CNH Industrial N.V. (NYSE:CNH) in the first quarter, HoldingsChannel.com reports. The firm purchased 244,383 shares of the company’s stock, valued at approximately $2,688,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. National Pension Service bought a new position in CNH Industrial during the 4th quarter valued at $2,620,000. Alliancebernstein L.P. increased its position in shares of CNH Industrial by 6.3% in the 3rd quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock worth $226,152,000 after purchasing an additional 1,239,952 shares during the last quarter. Tudor Investment Corp ET AL raised its stake in shares of CNH Industrial by 317.5% in the 3rd quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock valued at $44,241,000 after purchasing an additional 3,100,766 shares in the last quarter. Voss Capital LP raised its stake in shares of CNH Industrial by 23.7% in the 3rd quarter. Voss Capital LP now owns 2,775,000 shares of the company’s stock valued at $30,109,000 after purchasing an additional 531,567 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of CNH Industrial by 14.8% during the third quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock worth $90,364,000 after purchasing an additional 1,072,138 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Citigroup boosted their price objective on CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a report on Monday, April 13th. Evercore set a $12.25 target price on CNH Industrial in a research report on Monday, May 11th. Truist Financial set a $16.00 price target on CNH Industrial in a research report on Friday, May 1st. DA Davidson restated a “neutral” rating and set a $12.00 price objective on shares of CNH Industrial in a research note on Monday, May 4th. Finally, The Goldman Sachs Group lowered shares of CNH Industrial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $12.00 to $10.50 in a research note on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.77.

CNH Industrial Stock Down 3.8%

CNH stock opened at $10.46 on Wednesday. The company has a quick ratio of 10.17, a current ratio of 12.27 and a debt-to-equity ratio of 3.32. 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 $10.57 and its 200 day simple moving average is $10.83. The stock has a market cap of $12.97 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 1.49 and a beta of 1.14.

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

Insider Transactions at CNH Industrial

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $10.13, for a total value of $490,140.05. Following the completion of the transaction, the insider directly owned 71,926 shares of the company’s stock, valued at $728,610.38. This represents a 40.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is owned by company insiders.

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.