International Assets Investment Management LLC Invests $131,000 in CNH Industrial N.V. $CNH

International Assets Investment Management LLC acquired a new position in shares of CNH Industrial N.V. (NYSE:CNH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,132 shares of the company’s stock, valued at approximately $131,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Twin Tree Management LP boosted its position in shares of CNH Industrial by 1,068.0% during the 1st quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock worth $29,000 after purchasing an additional 2,606 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of CNH Industrial by 218.3% during the 1st quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock worth $42,000 after purchasing an additional 2,325 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of CNH Industrial by 697.1% during the 1st quarter. Harbour Investments Inc. now owns 4,376 shares of the company’s stock worth $54,000 after purchasing an additional 3,827 shares in the last quarter. SVB Wealth LLC bought a new position in shares of CNH Industrial during the 1st quarter worth about $59,000. Finally, IFP Advisors Inc boosted its position in shares of CNH Industrial by 425.4% during the 2nd quarter. IFP Advisors Inc now owns 6,484 shares of the company’s stock worth $84,000 after purchasing an additional 5,250 shares in the last quarter. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Trading Up 1.7%

NYSE:CNH opened at $10.79 on Friday. The company has a debt-to-equity ratio of 3.52, a quick ratio of 10.34 and a current ratio of 12.33. The firm has a market cap of $13.49 billion, a price-to-earnings ratio of 16.60 and a beta of 1.51. CNH Industrial N.V. has a 52 week low of $9.87 and a 52 week high of $14.27. The firm has a 50-day moving average price of $11.13 and a two-hundred day moving average price of $12.09.

CNH Industrial (NYSE:CNH) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.47 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The company’s revenue for the quarter was down 14.2% on a year-over-year basis. During the same quarter last year, the business posted $0.38 EPS. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. On average, equities analysts expect that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on CNH shares. JPMorgan Chase & Co. cut their price objective on shares of CNH Industrial from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 2nd. Truist Financial dropped their price target on shares of CNH Industrial from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Oppenheimer dropped their price target on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a research report on Thursday, September 18th. Raymond James Financial dropped their price target on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, The Goldman Sachs Group cut shares of CNH Industrial from a “buy” rating to a “neutral” rating and dropped their price target for the company from $12.50 to $11.50 in a research report on Wednesday, July 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $14.65.

Insider Buying and Selling

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of the stock in a transaction dated 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 owned 14,940 shares in the company, valued at approximately $187,198.20. This trade represents a 45.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.00% of the company’s stock.

About CNH Industrial

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.