California Public Employees Retirement System Has $14.21 Million Stake in CNH Industrial N.V. $CNH

California Public Employees Retirement System lowered its position in CNH Industrial N.V. (NYSE:CNH) by 19.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,292,153 shares of the company’s stock after selling 313,135 shares during the period. California Public Employees Retirement System’s holdings in CNH Industrial were worth $14,214,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. AQR Capital Management LLC grew its position in CNH Industrial by 395.2% during the 4th quarter. AQR Capital Management LLC now owns 17,308,839 shares of the company’s stock worth $159,587,000 after acquiring an additional 13,813,670 shares during the last quarter. Bank of New York Mellon Corp raised its position in CNH Industrial by 267.6% in the 1st quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company’s stock valued at $202,682,000 after purchasing an additional 13,413,731 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in CNH Industrial in the fourth quarter worth $89,964,000. Dimensional Fund Advisors LP boosted its stake in CNH Industrial by 45.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock worth $247,338,000 after purchasing an additional 8,332,615 shares in the last quarter. Finally, Tweedy Browne Co LLC grew its holdings in shares of CNH Industrial by 51.9% during the fourth quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock worth $186,068,000 after purchasing an additional 6,899,583 shares during the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

CNH Industrial Stock Performance

CNH Industrial stock opened at $11.12 on Friday. The company has a market cap of $13.79 billion, a PE ratio of 35.89, a PEG ratio of 2.04 and a beta of 1.14. The company has a current ratio of 12.27, a quick ratio of 10.17 and a debt-to-equity ratio of 3.32. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $13.32. The company’s 50-day moving average is $10.55 and its two-hundred day moving average is $10.92.

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

Insider Buying and Selling

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of CNH Industrial stock in a transaction on Monday, May 4th. The shares were sold at an average price of $10.13, for a total transaction of $490,140.05. Following the completion of the sale, the insider owned 71,926 shares of the company’s stock, valued at approximately $728,610.38. The trade was a 40.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CNH. The Goldman Sachs Group lowered 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. Barclays increased their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Wednesday, April 1st. Truist Financial set a $16.00 price objective on shares of CNH Industrial in a research report on Friday, May 1st. Citigroup boosted their target price on shares of CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Finally, Sanford C. Bernstein assumed coverage on shares of CNH Industrial in a research note on Thursday, May 7th. They set a “market perform” rating and a $11.00 price target on the stock. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.77.

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.