90,879 Shares in CNH Industrial N.V. $CNH Purchased by Quantitative Investment Management LLC

Quantitative Investment Management LLC bought a new position in shares of CNH Industrial N.V. (NYSE:CNH) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 90,879 shares of the company’s stock, valued at approximately $1,020,000.

A number of other institutional investors have also added to or reduced their stakes in CNH. Integrated Wealth Concepts LLC raised its holdings in shares of CNH Industrial by 12.3% in the 1st 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 in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of CNH Industrial by 70.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock valued at $27,856,000 after purchasing an additional 938,035 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of CNH Industrial by 56.7% during the second quarter. EverSource Wealth Advisors LLC now owns 8,206 shares of the company’s stock valued at $106,000 after purchasing an additional 2,970 shares in the last quarter. Federated Hermes Inc. increased its holdings in CNH Industrial by 29.8% during the second quarter. Federated Hermes Inc. now owns 107,456 shares of the company’s stock valued at $1,393,000 after buying an additional 24,669 shares during the period. Finally, Daiwa Securities Group Inc. increased its holdings in CNH Industrial by 0.6% during the second quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after buying an additional 1,100 shares during the period. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

Shares of CNH stock opened at $12.56 on Wednesday. CNH Industrial N.V. has a 12-month low of $9.00 and a 12-month high of $13.31. The business’s fifty day simple moving average is $10.86 and its 200-day simple moving average is $10.92. 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 company has a market cap of $15.55 billion, a PE ratio of 50.24, a PEG ratio of 2.08 and a beta of 1.17.

CNH Industrial (NYSE:CNH) last posted its quarterly earnings data 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. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The firm had revenue of $4.80 billion during the quarter, compared to analysts’ expectations of $4.77 billion. During the same quarter last year, the firm earned $0.17 EPS. The business’s quarterly revenue was up 2.0% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Analysts expect that CNH Industrial N.V. will post 0.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CNH has been the subject of a number of analyst reports. The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $12.00 to $10.50 in a report on Monday, May 11th. Robert W. Baird upgraded CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 price target on the stock in a report on Monday. DA Davidson reissued a “neutral” rating and issued a $12.00 price target on shares of CNH Industrial in a research report on Wednesday, August 19th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of CNH Industrial in a research report on Tuesday, August 4th. Finally, Weiss Ratings downgraded CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Seven equities 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 company’s stock. According to MarketBeat, CNH Industrial presently has a consensus rating of “Hold” and a consensus price target of $12.72.

CNH Industrial Company 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.