CNH Industrial N.V. $CNH Shares Acquired by ASR Vermogensbeheer N.V.

ASR Vermogensbeheer N.V. lifted its stake in shares of CNH Industrial N.V. (NYSE:CNH) by 18.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,406 shares of the company’s stock after buying an additional 6,841 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in CNH Industrial were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in CNH. Global X Japan Co. Ltd. acquired a new stake in shares of CNH Industrial during the first quarter worth approximately $29,000. Twin Tree Management LP lifted its holdings in CNH Industrial by 1,068.0% during the 1st quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock worth $29,000 after buying an additional 2,606 shares during the last quarter. Brooklyn Investment Group lifted its holdings in CNH Industrial by 218.3% during the 1st quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock worth $42,000 after buying an additional 2,325 shares during the last quarter. Harbour Investments Inc. lifted its holdings in CNH Industrial by 697.1% during the 1st quarter. Harbour Investments Inc. now owns 4,376 shares of the company’s stock worth $54,000 after buying an additional 3,827 shares during the last quarter. Finally, SVB Wealth LLC bought a new position in CNH Industrial during the 1st quarter worth approximately $59,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

Insider Activity

In related news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $12.53, for a total value of $153,755.63. Following the sale, the insider directly owned 14,940 shares in the company, valued at $187,198.20. This trade represents a 45.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.00% of the company’s stock.

CNH Industrial Trading Up 0.7%

Shares of NYSE CNH opened at $10.92 on Friday. The company has a market cap of $13.65 billion, a price-to-earnings ratio of 16.79 and a beta of 1.51. CNH Industrial N.V. has a 12-month low of $10.00 and a 12-month high of $14.27. The company has a current ratio of 12.33, a quick ratio of 10.34 and a debt-to-equity ratio of 3.52. The stock’s 50 day simple moving average is $11.71 and its 200 day simple moving average is $12.26.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.47 billion. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The business’s revenue was down 14.2% on a year-over-year basis. During the same quarter last year, the business posted $0.38 EPS. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. Equities research analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on CNH. The Goldman Sachs Group downgraded CNH Industrial from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $12.50 to $11.50 in a report on Wednesday, July 16th. JPMorgan Chase & Co. reduced their target price on CNH Industrial from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CNH Industrial in a report on Saturday, September 27th. Finally, Oppenheimer reduced their target price on CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.95.

About CNH Industrial

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.