Tredje AP fonden Purchases 50,247 Shares of CNH Industrial N.V. $CNH

Tredje AP fonden increased its stake in shares of CNH Industrial N.V. (NYSE:CNHFree Report) by 38.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,983 shares of the company’s stock after purchasing an additional 50,247 shares during the quarter. Tredje AP fonden’s holdings in CNH Industrial were worth $1,678,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its stake in shares of CNH Industrial by 12.3% in the first quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock worth $198,000 after purchasing an additional 1,772 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of CNH Industrial by 70.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock worth $27,856,000 after purchasing an additional 938,035 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of CNH Industrial by 56.7% in the second quarter. EverSource Wealth Advisors LLC now owns 8,206 shares of the company’s stock worth $106,000 after purchasing an additional 2,970 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of CNH Industrial by 29.8% in the second quarter. Federated Hermes Inc. now owns 107,456 shares of the company’s stock worth $1,393,000 after purchasing an additional 24,669 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in CNH Industrial by 0.6% during the second quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock worth $2,344,000 after acquiring an additional 1,100 shares during the period. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $10.46 on Thursday. The business’s fifty day moving average price is $10.70 and its two-hundred day moving average price is $10.63. The stock has a market cap of $12.97 billion, a PE ratio of 33.75, a price-to-earnings-growth ratio of 1.40 and a beta of 1.18. The company has a debt-to-equity ratio of 3.32, a quick ratio of 10.17 and a current ratio of 12.27. CNH Industrial N.V. has a one year low of $9.00 and a one year high of $14.27.

CNH Industrial (NYSE:CNHGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.80 billion. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The business’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. On average, analysts forecast that CNH Industrial N.V. will post 0.41 EPS for the current fiscal year.

CNH Industrial Cuts Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.10 per share. This represents a dividend yield of 96.0%. The ex-dividend date of this dividend is Thursday, May 21st.

Wall Street Analysts Forecast Growth

Several analysts have commented on CNH shares. Barclays raised their price objective on CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, April 1st. Oppenheimer lifted their target price on CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Wall Street Zen raised CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. The Goldman Sachs Group cut CNH Industrial from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $12.00 to $10.50 in a research note on Monday, May 11th. Finally, Citigroup upped their price target on CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $12.77.

View Our Latest Analysis on CNH Industrial

Insider Activity

In other news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of CNH Industrial stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $10.13, for a total transaction of $490,140.05. Following the sale, the insider directly owned 71,926 shares of the company’s stock, valued at approximately $728,610.38. The trade was a 40.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.18% of the company’s stock.

CNH Industrial Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CNH Industrial (NYSE:CNH)

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