Robeco Institutional Asset Management B.V. Acquires 908,042 Shares of CNH Industrial N.V. $CNH

Robeco Institutional Asset Management B.V. grew its holdings in shares of CNH Industrial N.V. (NYSE:CNH) by 54.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,571,290 shares of the company’s stock after buying an additional 908,042 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.21% of CNH Industrial worth $27,898,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Artisan Partners Limited Partnership boosted its position in CNH Industrial by 1.8% during the second quarter. Artisan Partners Limited Partnership now owns 32,950,999 shares of the company’s stock valued at $427,045,000 after purchasing an additional 575,650 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of CNH Industrial by 7.6% in the 2nd quarter. Alliancebernstein L.P. now owns 19,603,523 shares of the company’s stock valued at $254,062,000 after buying an additional 1,382,861 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of CNH Industrial by 0.8% in the second quarter. Geode Capital Management LLC now owns 15,406,302 shares of the company’s stock valued at $199,047,000 after buying an additional 119,918 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in CNH Industrial by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,605,783 shares of the company’s stock worth $105,679,000 after buying an additional 36,343 shares during the last quarter. Finally, Gamco Investors INC. ET AL raised its position in CNH Industrial by 1.5% during the second quarter. Gamco Investors INC. ET AL now owns 8,007,587 shares of the company’s stock worth $103,778,000 after acquiring an additional 120,427 shares in the last quarter. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

CNH opened at $9.91 on Thursday. 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 business has a fifty day simple moving average of $9.68 and a 200 day simple moving average of $11.12. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $14.27. The company has a market capitalization of $12.35 billion, a PE ratio of 21.07 and a beta of 1.29.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings data on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $4.22 billion. During the same quarter last year, the firm earned $0.24 EPS. CNH Industrial’s revenue for the quarter 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. Research analysts expect that CNH Industrial N.V. will post 0.7 EPS for the current year.

Insider Activity at CNH Industrial

In other news, Director Vagn O. Sorensen acquired 10,385 shares of CNH Industrial stock in a transaction on Tuesday, November 11th. The shares were purchased at an average cost of $9.62 per share, for a total transaction of $99,903.70. Following the completion of the purchase, the director directly owned 40,396 shares of the company’s stock, valued at approximately $388,609.52. This represents a 34.60% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Howard W. Buffett bought 4,100 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was purchased at an average cost of $10.29 per share, for a total transaction 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. Over the last ninety days, insiders purchased 73,007 shares of company stock worth $700,182. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

CNH has been the topic of several recent analyst reports. Citigroup lowered their price objective on shares of CNH Industrial from $13.00 to $11.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. DA Davidson cut their price objective on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, November 11th. Barclays reduced their target price on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating for the company in a research note on Monday, December 22nd. JPMorgan Chase & Co. downgraded CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price target for the company. in a report on Friday, November 28th. Finally, Truist Financial reaffirmed a “buy” rating and set a $13.00 price objective (down from $14.00) on shares of CNH Industrial in a research report on Monday, November 10th. One equities research 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 issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.77.

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.