Tidal Investments LLC Raises Position in CNH Industrial N.V. $CNH

Tidal Investments LLC lifted its position in shares of CNH Industrial N.V. (NYSE:CNH) by 1,043.7% during the second quarter, HoldingsChannel reports. The firm owned 797,749 shares of the company’s stock after purchasing an additional 727,999 shares during the quarter. Tidal Investments LLC’s holdings in CNH Industrial were worth $8,959,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. lifted its position in shares of CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock worth $2,344,000 after buying an additional 1,100 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of CNH Industrial by 4.0% during the first quarter. Bessemer Group Inc. now owns 29,415 shares of the company’s stock valued at $323,000 after purchasing an additional 1,121 shares in the last quarter. ProShare Advisors LLC lifted its holdings in CNH Industrial by 2.6% in the fourth quarter. ProShare Advisors LLC now owns 47,074 shares of the company’s stock worth $434,000 after purchasing an additional 1,187 shares during the period. Cloverfields Capital Group LP grew its position in CNH Industrial by 1.0% in the 1st quarter. Cloverfields Capital Group LP now owns 136,220 shares of the company’s stock valued at $1,498,000 after buying an additional 1,304 shares in the last quarter. Finally, Parnassus Investments LLC grew its position in CNH Industrial by 6.7% in the 4th quarter. Parnassus Investments LLC now owns 21,529 shares of the company’s stock valued at $198,000 after buying an additional 1,355 shares in the last quarter. 59.88% of the stock is currently owned by institutional investors.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $13.56 on Friday. The stock has a market capitalization of $16.79 billion, a P/E ratio of 54.25, a P/E/G ratio of 2.39 and a beta of 1.17. The company has a debt-to-equity ratio of 3.33, a current ratio of 12.23 and a quick ratio of 10.16. The business has a 50-day moving average of $11.33 and a two-hundred day moving average of $10.99. CNH Industrial N.V. has a fifty-two week low of $9.00 and a fifty-two week high of $14.46.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.77 billion. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.17 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. On average, equities research analysts predict that CNH Industrial N.V. will post 0.45 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CNH has been the topic of several recent analyst reports. Robert W. Baird raised CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 target price on the stock in a report on Monday, August 31st. Weiss Ratings upgraded shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, September 2nd. Citigroup increased their price objective on CNH Industrial from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. DA Davidson reissued a “neutral” rating and set a $12.00 target price on shares of CNH Industrial in a research note on Wednesday, August 19th. Finally, Evercore upgraded shares of CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 price target on the stock in a report on Wednesday, September 2nd. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.10.

CNH Industrial Company Profile

CNH Industrial N.V. (NYSE:CNH) is a global manufacturer of agricultural and construction equipment. The company develops, produces and sells machinery, technology and related services for farming, infrastructure development, road building and other industrial applications.

Its agricultural portfolio includes tractors, combines, harvesters, seeding and planting equipment, hay and forage machinery, sprayers and precision-agriculture technologies. Key agricultural brands include Case IH, New Holland Agriculture and STEYR, while the company’s precision-technology offerings include products and solutions associated with Raven Industries.

CNH’s construction business offers equipment such as excavators, wheel loaders, dozers, graders, skid steers and compact track loaders through brands including CASE Construction Equipment and New Holland Construction.