Eubel Brady & Suttman Asset Management Inc. Purchases 57,562 Shares of CNH Industrial N.V. $CNH

Eubel Brady & Suttman Asset Management Inc. increased its stake in CNH Industrial N.V. (NYSE:CNH) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,502,376 shares of the company’s stock after acquiring an additional 57,562 shares during the period. CNH Industrial makes up approximately 2.5% of Eubel Brady & Suttman Asset Management Inc.’s investment portfolio, making the stock its 20th biggest position. Eubel Brady & Suttman Asset Management Inc. owned 0.12% of CNH Industrial worth $19,471,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CNH. Public Employees Retirement System of Ohio boosted its holdings in CNH Industrial by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 304,527 shares of the company’s stock valued at $3,947,000 after purchasing an additional 999 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in CNH Industrial by 1.9% in the 2nd quarter. TD Private Client Wealth LLC now owns 58,272 shares of the company’s stock valued at $755,000 after buying an additional 1,066 shares in the last quarter. Louisiana State Employees Retirement System lifted its stake in CNH Industrial by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company’s stock valued at $3,188,000 after buying an additional 1,100 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in CNH Industrial by 9.8% in the 1st quarter. Belpointe Asset Management LLC now owns 14,058 shares of the company’s stock valued at $173,000 after buying an additional 1,251 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in CNH Industrial by 3.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 37,241 shares of the company’s stock valued at $457,000 after buying an additional 1,280 shares in the last quarter. Institutional investors own 59.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CNH shares. Raymond James Financial cut their price objective on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of CNH Industrial in a report on Wednesday, October 8th. Oppenheimer cut their price objective on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating for the company in a report on Thursday, September 18th. Truist Financial cut their price objective on shares of CNH Industrial from $17.00 to $14.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. cut their price objective on shares of CNH Industrial from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.65.

CNH Industrial Trading Down 1.9%

Shares of NYSE:CNH opened at $10.63 on Wednesday. The company has a market cap of $13.29 billion, a PE ratio of 16.35 and a beta of 1.51. The company’s 50-day moving average price is $11.04 and its 200 day moving average price is $12.10. CNH Industrial N.V. has a fifty-two week low of $9.87 and a fifty-two week high of $14.27. The company has a quick ratio of 10.34, a current ratio of 12.33 and a debt-to-equity ratio of 3.52.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. The company had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.47 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business’s revenue was down 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. Sell-side analysts anticipate that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

Insider Transactions at CNH Industrial

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of CNH Industrial stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $12.53, for a total value of $153,755.63. Following the completion of the sale, the insider directly owned 14,940 shares in the company, valued at $187,198.20. The trade was a 45.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is owned by company insiders.

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.