Citigroup Has Lowered Expectations for CNH Industrial (NYSE:CNH) Stock Price

CNH Industrial (NYSE:CNH) had its price target decreased by Citigroup from $15.00 to $13.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price objective points to a potential upside of 16.02% from the company’s current price.

Other analysts also recently issued reports about the stock. iA Financial set a $13.00 price objective on shares of CNH Industrial in a report on Wednesday, January 14th. UBS Group lowered their price target on CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Truist Financial set a $12.00 price target on CNH Industrial in a research note on Wednesday, January 14th. Oppenheimer upped their price objective on CNH Industrial from $13.00 to $16.00 and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. cut CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a report on Friday, November 28th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $13.23.

CNH Industrial Price Performance

CNH Industrial stock traded up $0.07 during midday trading on Tuesday, hitting $11.21. 1,396,208 shares of the company’s stock were exchanged, compared to its average volume of 13,526,347. The company has a market cap of $13.90 billion, a P/E ratio of 28.04, a PEG ratio of 1.61 and a beta of 1.24. The company has a debt-to-equity ratio of 3.44, a quick ratio of 11.36 and a current ratio of 13.34. The stock has a 50-day moving average price of $11.35 and a two-hundred day moving average price of $10.73. CNH Industrial has a 52-week low of $9.00 and a 52-week high of $14.27.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.91 billion. CNH Industrial had a return on equity of 8.90% and a net margin of 2.82%.The company’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the company posted $0.15 EPS. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. On average, equities research analysts forecast that CNH Industrial will post 0.7 earnings per share for the current year.

Institutional Investors Weigh In On CNH Industrial

Several institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in shares of CNH Industrial by 58.2% in the fourth quarter. Corient Private Wealth LLC now owns 65,871 shares of the company’s stock valued at $607,000 after acquiring an additional 24,228 shares during the period. Wick Capital Partners LLC bought a new stake in shares of CNH Industrial in the fourth quarter worth about $185,000. River Road Asset Management LLC grew its stake in shares of CNH Industrial by 3.3% in the fourth quarter. River Road Asset Management LLC now owns 6,371,476 shares of the company’s stock worth $58,745,000 after purchasing an additional 200,639 shares during the last quarter. Invesco Ltd. increased its holdings in CNH Industrial by 13.8% during the 4th quarter. Invesco Ltd. now owns 3,233,879 shares of the company’s stock valued at $29,816,000 after purchasing an additional 391,535 shares during the period. Finally, Axxcess Wealth Management LLC raised its position in CNH Industrial by 25.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 22,306 shares of the company’s stock valued at $206,000 after purchasing an additional 4,588 shares during the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

About CNH Industrial

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.