Principal Financial Group Inc. raised its holdings in shares of CNH Industrial N.V. (NYSE:CNH – Free Report) by 3.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,974,955 shares of the company’s stock after buying an additional 71,389 shares during the period. Principal Financial Group Inc. owned about 0.16% of CNH Industrial worth $21,725,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of CNH Industrial by 5.1% during the 3rd quarter. State Street Corp now owns 37,764,717 shares of the company’s stock worth $409,747,000 after acquiring an additional 1,834,076 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of CNH Industrial by 45.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock worth $247,338,000 after purchasing an additional 8,332,615 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in shares of CNH Industrial by 17.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock worth $282,868,000 after purchasing an additional 3,841,999 shares in the last quarter. Tweedy Browne Co LLC raised its holdings in CNH Industrial by 51.9% in the 4th quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock worth $186,068,000 after purchasing an additional 6,899,583 shares during the period. Finally, Alliancebernstein L.P. raised its holdings in CNH Industrial by 7.6% in the 2nd quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock worth $254,062,000 after purchasing an additional 1,382,861 shares during the period. 59.88% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 71,926 shares in the company, valued at $728,610.38. This represents a 40.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is owned by insiders.
CNH Industrial Stock Up 0.4%
CNH Industrial (NYSE:CNH – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The business had revenue of $3.83 billion during 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%.CNH Industrial’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. On average, sell-side analysts forecast that CNH Industrial N.V. will post 0.41 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on CNH shares. Truist Financial set a $16.00 price target on CNH Industrial in a report on Friday, May 1st. DA Davidson reaffirmed a “neutral” rating and issued a $12.00 price objective on shares of CNH Industrial in a research note on Monday, May 4th. Barclays raised their price objective on CNH Industrial from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 1st. Citigroup boosted their price objective on CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Finally, Weiss Ratings lowered shares of CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, July 14th. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $12.77.
Get Our Latest Analysis on CNH
CNH Industrial Profile
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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