Shares of CNH Industrial N.V. (NYSE:CNH – Get Free Report) have been given a consensus recommendation of “Hold” by the fifteen research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $13.30.
Several research analysts recently commented on the company. Citigroup increased their price objective on CNH Industrial from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. DA Davidson reaffirmed a “neutral” rating and set a $12.00 target price on shares of CNH Industrial in a research note on Wednesday, August 19th. Robert W. Baird raised shares of CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 target price for the company in a report on Monday, August 31st. JPMorgan Chase & Co. increased their target price on shares of CNH Industrial from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday. Finally, BMO Capital Markets increased their target price on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th.
Check Out Our Latest Report on CNH Industrial
CNH Industrial Trading Down 6.1%
CNH Industrial (NYSE:CNH – Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $4.80 billion during the quarter, compared to analysts’ expectations of $4.77 billion. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. On average, sell-side analysts anticipate that CNH Industrial will post 0.45 EPS for the current fiscal year.
Institutional Trading of CNH Industrial
A number of hedge funds have recently bought and sold shares of CNH. Bank of New York Mellon Corp boosted its holdings in shares of CNH Industrial by 267.6% during the 1st quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company’s stock worth $202,682,000 after purchasing an additional 13,413,731 shares during the last quarter. Great Lakes Advisors LLC acquired a new stake in shares of CNH Industrial in the second quarter valued at approximately $30,453,000. Hsbc Holdings PLC lifted its position in CNH Industrial by 2,015.7% during the first quarter. Hsbc Holdings PLC now owns 2,660,771 shares of the company’s stock worth $29,254,000 after buying an additional 2,535,010 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in CNH Industrial by 8.9% during the first quarter. Dimensional Fund Advisors LP now owns 29,204,840 shares of the company’s stock worth $321,185,000 after buying an additional 2,380,087 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in CNH Industrial by 61.3% during the first quarter. Sei Investments Co. now owns 4,666,201 shares of the company’s stock worth $51,330,000 after buying an additional 1,774,178 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.
About CNH Industrial
CNH Industrial N.V. is a global manufacturer of agriculture and construction equipment. The company develops, produces and sells machinery, technologies and services used in farming, road building, infrastructure development and related industries.
Its agriculture business offers tractors, combines, harvesting equipment, planting and seeding machinery, hay and forage equipment, sprayers and precision-agriculture technologies. Its construction portfolio includes excavators, loaders, dozers, compactors, graders and other equipment.
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