CNH Industrial N.V. $CNH Holdings Lowered by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. reduced its stake in CNH Industrial N.V. (NYSE:CNH) by 44.3% in the second quarter, HoldingsChannel reports. The fund owned 13,765 shares of the company’s stock after selling 10,954 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in CNH Industrial were worth $178,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Callan Family Office LLC increased its position in shares of CNH Industrial by 324.7% during the 2nd quarter. Callan Family Office LLC now owns 88,528 shares of the company’s stock valued at $1,147,000 after purchasing an additional 67,684 shares during the period. Polianta Ltd bought a new position in CNH Industrial during the second quarter valued at about $1,310,000. Eubel Brady & Suttman Asset Management Inc. boosted its stake in CNH Industrial by 4.0% during the second quarter. Eubel Brady & Suttman Asset Management Inc. now owns 1,502,376 shares of the company’s stock valued at $19,471,000 after buying an additional 57,562 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in CNH Industrial by 13.6% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 759,291 shares of the company’s stock worth $9,840,000 after acquiring an additional 90,999 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in CNH Industrial in the second quarter worth about $7,981,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $9.42 on Friday. The firm has a market cap of $11.73 billion, a price-to-earnings ratio of 14.48 and a beta of 1.52. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $14.27. The company has a current ratio of 12.33, a quick ratio of 10.34 and a debt-to-equity ratio of 3.52. The business has a fifty day simple moving average of $10.35 and a 200 day simple moving average of $11.81.

CNH Industrial (NYSE:CNH) last issued its earnings results on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.05). CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The firm had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same period in the previous year, the company earned $0.24 earnings per share. The business’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. As a group, sell-side analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Oppenheimer reduced their price objective on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating for the company in a research report on Thursday, September 18th. DA Davidson cut their target price on shares of CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, November 11th. Cfra restated a “hold” rating and set a $11.00 target price on shares of CNH Industrial in a report on Monday, November 10th. Citigroup dropped their price target on CNH Industrial from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of CNH Industrial from $12.00 to $10.50 and set a “neutral” rating on the stock in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, CNH Industrial has an average rating of “Moderate Buy” and a consensus target price of $13.44.

CNH Industrial Company Profile

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.