Havemeyer Place LP Makes New $483,000 Investment in CNH Industrial N.V. $CNH

Havemeyer Place LP purchased a new position in shares of CNH Industrial N.V. (NYSE:CNHFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 52,394 shares of the company’s stock, valued at approximately $483,000.

A number of other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in CNH Industrial by 14.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock valued at $90,364,000 after acquiring an additional 1,072,138 shares during the period. Alliancebernstein L.P. increased its stake in CNH Industrial by 6.3% during the third quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock worth $226,152,000 after purchasing an additional 1,239,952 shares during the period. National Pension Service purchased a new stake in CNH Industrial during the fourth quarter worth about $2,620,000. Eubel Brady & Suttman Asset Management Inc. lifted its position in shares of CNH Industrial by 33.6% during the third quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,007,597 shares of the company’s stock worth $21,782,000 after purchasing an additional 505,221 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its position in shares of CNH Industrial by 317.5% during the third quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock worth $44,241,000 after purchasing an additional 3,100,766 shares in the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

CNH Industrial Stock Up 0.6%

Shares of NYSE:CNH opened at $10.74 on Wednesday. CNH Industrial N.V. has a fifty-two week low of $9.00 and a fifty-two week high of $14.27. The firm’s 50 day moving average price is $10.66 and its 200 day moving average price is $10.67. The company has a quick ratio of 10.17, a current ratio of 12.27 and a debt-to-equity ratio of 3.32. The stock has a market cap of $13.32 billion, a price-to-earnings ratio of 34.65, a price-to-earnings-growth ratio of 1.46 and a beta of 1.16.

CNH Industrial (NYSE:CNHGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. CNH Industrial had a net margin of 2.13% and a return on equity of 7.48%. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.80 billion. During the same period in the prior year, the firm posted $0.10 EPS. The company’s quarterly revenue was down .1% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. As a group, equities research analysts predict that CNH Industrial N.V. will post 0.41 earnings per share for the current fiscal year.

CNH Industrial Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a $0.10 dividend. This represents a yield of 98.0%. The ex-dividend date of this dividend was Thursday, May 21st. CNH Industrial’s dividend payout ratio is 32.26%.

Insiders Place Their Bets

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $10.13, for a total value of $490,140.05. Following the sale, the insider directly owned 71,926 shares in the company, valued at $728,610.38. This trade represents a 40.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CNH shares. Robert W. Baird lifted their price objective on shares of CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. The Goldman Sachs Group cut shares of CNH Industrial from a “buy” rating to a “neutral” rating and decreased their price target for the company from $12.00 to $10.50 in a research report on Monday, May 11th. Evercore set a $12.25 price objective on CNH Industrial in a research report on Monday, May 11th. Truist Financial set a $16.00 price objective on CNH Industrial in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded CNH Industrial from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Six analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.77.

Read Our Latest Stock Analysis on CNH Industrial

CNH Industrial Company 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.

Further Reading

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

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