JPMorgan Chase & Co. Forecasts Strong Price Appreciation for CNH Industrial (NYSE:CNH) Stock

CNH Industrial (NYSE:CNH) had its target price hoisted by equities researchers at JPMorgan Chase & Co. from $9.50 to $10.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 3.52% from the stock’s previous close.

Several other research analysts have also recently issued reports on CNH. Citigroup raised their price objective on CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Evercore set a $12.25 price target on shares of CNH Industrial in a report on Monday, May 11th. Sanford C. Bernstein initiated coverage on shares of CNH Industrial in a research report on Thursday, May 7th. They set a “market perform” rating and a $11.00 price target for the company. Truist Financial set a $16.00 price objective on shares of CNH Industrial in a research note on Friday, May 1st. Finally, Barclays lifted their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $12.77.

CNH Industrial Stock Performance

CNH Industrial stock traded down $0.09 during mid-day trading on Monday, reaching $10.37. 1,960,448 shares of the company traded hands, compared to its average volume of 14,042,453. The firm’s fifty day moving average is $10.58 and its two-hundred day moving average is $10.84. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 1.43 and a beta of 1.14. CNH Industrial has a fifty-two week low of $9.00 and a fifty-two week high of $13.48. The company has a debt-to-equity ratio of 3.32, a current ratio of 12.27 and a quick ratio of 10.17.

CNH Industrial (NYSE:CNH) last released its earnings results on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.80 billion. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The firm’s revenue was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. On average, equities research analysts expect that CNH Industrial will post 0.41 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the company’s stock in a transaction dated 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 owned 71,926 shares in the company, valued at $728,610.38. This represents a 40.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 currently owned by company insiders.

Institutional Trading of CNH Industrial

Several hedge funds and other institutional investors have recently bought and sold shares of CNH. State Street Corp lifted its position in shares of CNH Industrial by 5.1% in the third quarter. State Street Corp now owns 37,764,717 shares of the company’s stock valued at $409,747,000 after acquiring an additional 1,834,076 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of CNH Industrial by 8.9% during the first quarter. Dimensional Fund Advisors LP now owns 29,204,840 shares of the company’s stock worth $321,185,000 after buying an additional 2,380,087 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of CNH Industrial by 17.3% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock worth $282,868,000 after buying an additional 3,841,999 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of CNH Industrial by 6.3% in the third quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock valued at $226,152,000 after buying an additional 1,239,952 shares during the last quarter. Finally, Tweedy Browne Co LLC lifted its stake in shares of CNH Industrial by 51.9% in the fourth quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock worth $186,068,000 after buying an additional 6,899,583 shares in the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

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.