CNH Industrial N.V. (NYSE:CNH) Sees Significant Increase in Short Interest

CNH Industrial N.V. (NYSE:CNH) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 51,440,533 shares, an increase of 21.8% from the December 15th total of 42,238,089 shares. Approximately 4.1% of the shares of the stock are short sold. Based on an average trading volume of 8,821,242 shares, the short-interest ratio is currently 5.8 days. Based on an average trading volume of 8,821,242 shares, the short-interest ratio is currently 5.8 days. Approximately 4.1% of the shares of the stock are short sold.

CNH Industrial Price Performance

NYSE CNH traded up $0.12 on Monday, reaching $10.94. 18,776,630 shares of the company’s stock traded hands, compared to its average volume of 10,154,302. CNH Industrial has a 12 month low of $9.00 and a 12 month high of $14.27. The company has a debt-to-equity ratio of 3.49, a current ratio of 13.01 and a quick ratio of 10.82. The stock has a 50-day simple moving average of $9.74 and a 200 day simple moving average of $10.96. The stock has a market cap of $13.64 billion, a PE ratio of 23.28 and a beta of 1.29.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). CNH Industrial had a return on equity of 8.32% and a net margin of 3.35%.The business had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter in the previous year, the firm posted $0.24 earnings per share. The company’s revenue was down 5.5% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, research analysts predict that CNH Industrial will post 0.7 earnings per share for the current year.

Analyst Ratings Changes

CNH has been the topic of a number of research analyst reports. Truist Financial set a $12.00 target price on CNH Industrial in a research note on Wednesday, January 14th. JPMorgan Chase & Co. cut shares of CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a research report on Friday, November 28th. UBS Group dropped their target price on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Wall Street Zen lowered shares of CNH Industrial from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Cfra restated a “hold” rating and set a $11.00 price objective on shares of CNH Industrial in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, CNH Industrial has a consensus rating of “Hold” and an average price target of $12.97.

Insider Buying and Selling

In other news, Director Vagn O. Sorensen bought 10,385 shares of the stock in a transaction on Tuesday, November 11th. The shares were acquired at an average cost of $9.62 per share, for a total transaction of $99,903.70. Following the purchase, the director directly owned 40,396 shares of the company’s stock, valued at $388,609.52. This trade represents a 34.60% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Howard W. Buffett purchased 4,100 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was purchased at an average cost of $10.29 per share, with a total value of $42,189.00. Following the completion of the acquisition, the director owned 33,403 shares in the company, valued at approximately $343,716.87. This trade represents a 13.99% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 73,007 shares of company stock valued at $700,182. Company insiders own 0.23% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CNH. Marshall Wace LLP lifted its stake in shares of CNH Industrial by 21,312.8% in the 2nd quarter. Marshall Wace LLP now owns 6,781,205 shares of the company’s stock valued at $87,884,000 after acquiring an additional 6,749,536 shares during the last quarter. Norges Bank purchased a new position in CNH Industrial in the 2nd quarter worth approximately $61,198,000. Hotchkis & Wiley Capital Management LLC lifted its position in CNH Industrial by 17.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock valued at $282,868,000 after purchasing an additional 3,841,999 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of CNH Industrial by 323.0% during the second quarter. BNP Paribas Financial Markets now owns 4,776,930 shares of the company’s stock valued at $61,909,000 after purchasing an additional 3,647,517 shares during the period. Finally, Tudor Investment Corp ET AL grew its holdings in shares of CNH Industrial by 317.5% in 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 during the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Company 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.