Rockefeller Capital Management L.P. Sells 58,361 Shares of CNH Industrial N.V. $CNH

Rockefeller Capital Management L.P. lessened its stake in shares of CNH Industrial N.V. (NYSE:CNH) by 21.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 211,950 shares of the company’s stock after selling 58,361 shares during the period. Rockefeller Capital Management L.P.’s holdings in CNH Industrial were worth $1,954,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. AQR Capital Management LLC grew its position in shares of CNH Industrial by 395.2% during the 4th quarter. AQR Capital Management LLC now owns 17,308,839 shares of the company’s stock valued at $159,587,000 after acquiring an additional 13,813,670 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of CNH Industrial during the 4th quarter worth approximately $89,964,000. Dimensional Fund Advisors LP raised its holdings in shares of CNH Industrial by 45.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock worth $247,338,000 after purchasing an additional 8,332,615 shares during the period. Tweedy Browne Co LLC raised its holdings in shares of CNH Industrial by 51.9% in the 4th quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock worth $186,068,000 after purchasing an additional 6,899,583 shares during the period. Finally, Millennium Management LLC lifted its stake in CNH Industrial by 180.9% in the fourth quarter. Millennium Management LLC now owns 6,825,862 shares of the company’s stock valued at $62,934,000 after purchasing an additional 4,395,896 shares during the last quarter. Institutional investors own 59.88% of the company’s stock.

Insider Buying and Selling at CNH Industrial

In other news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $10.13, for a total value of $490,140.05. Following the sale, the insider directly owned 71,926 shares of the company’s stock, valued at approximately $728,610.38. This represents a 40.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 corporate insiders.

CNH Industrial Price Performance

CNH Industrial stock opened at $11.23 on Wednesday. The firm has a market capitalization of $13.93 billion, a P/E ratio of 36.24, a PEG ratio of 1.56 and a beta of 1.16. CNH Industrial N.V. has a one year low of $9.00 and a one year high of $14.27. The company has a debt-to-equity ratio of 3.32, a current ratio of 12.27 and a quick ratio of 10.17. The business has a fifty day moving average price of $10.55 and a 200-day moving average price of $10.79.

CNH Industrial (NYSE:CNH) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.01. The company had revenue of $3.83 billion for the quarter, compared to analyst estimates 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 for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. As a group, equities research analysts forecast that CNH Industrial N.V. will post 0.41 EPS for the current year.

Analyst Ratings Changes

CNH has been the subject of a number of recent research reports. Citigroup raised their target price on CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Truist Financial set a $16.00 price objective on CNH Industrial in a report on Friday, May 1st. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. The Goldman Sachs Group downgraded shares of CNH Industrial from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $12.00 to $10.50 in a report on Monday, May 11th. Finally, Evercore set a $12.25 target price on shares of CNH Industrial in a research report on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.77.

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.