Public Employees Retirement System of Ohio Invests $2.79 Million in CNH Industrial N.V. $CNH

Public Employees Retirement System of Ohio bought a new position in CNH Industrial N.V. (NYSE:CNH) during the second quarter, according to its most recent filing with the SEC. The firm bought 248,220 shares of the company’s stock, valued at approximately $2,788,000.

Several other hedge funds have also bought and sold shares of the business. Parvin Asset Management LLC acquired a new position in CNH Industrial during the second quarter worth $549,000. Manning & Napier Advisors LLC acquired a new position in shares of CNH Industrial during the second quarter valued at about $556,000. Great Lakes Advisors LLC bought a new stake in shares of CNH Industrial during the second quarter worth about $30,453,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of CNH Industrial in the 2nd quarter worth about $3,361,000. Finally, Trinity Street Asset Management LLP raised its holdings in shares of CNH Industrial by 11.7% in the 2nd quarter. Trinity Street Asset Management LLP now owns 2,673,464 shares of the company’s stock worth $30,023,000 after acquiring an additional 279,127 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $14.38 on Friday. The company has a quick ratio of 10.16, a current ratio of 12.23 and a debt-to-equity ratio of 3.33. The firm has a market capitalization of $17.80 billion, a PE ratio of 57.52, a P/E/G ratio of 2.54 and a beta of 1.17. CNH Industrial N.V. has a twelve month low of $9.00 and a twelve month high of $14.46. The company has a 50-day moving average price of $11.05 and a two-hundred day moving average price of $10.96.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The company 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 firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.17 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Equities analysts forecast that CNH Industrial N.V. will post 0.45 EPS for the current year.

Analyst Upgrades and Downgrades

CNH has been the subject of a number of analyst reports. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. The Goldman Sachs Group downgraded shares of CNH Industrial from a “buy” rating to a “neutral” rating and reduced their target price for the company from $12.00 to $10.50 in a research report on Monday, May 11th. Citigroup lifted their price target on shares of CNH Industrial from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Sanford C. Bernstein reiterated a “market perform” rating on shares of CNH Industrial in a research note on Tuesday, August 4th. Finally, DA Davidson reissued a “neutral” rating and set a $12.00 price objective on shares of CNH Industrial in a report on Wednesday, August 19th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, CNH Industrial currently has an average rating of “Hold” and a consensus price target of $13.10.

About CNH Industrial

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.