Quantitative Investment Management LLC Purchases New Shares in CNH Industrial N.V. $CNH

Quantitative Investment Management LLC purchased a new position in CNH Industrial N.V. (NYSE:CNH) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 90,879 shares of the company’s stock, valued at approximately $1,020,000.

Several other institutional investors and hedge funds also recently bought and sold shares of CNH. Integrated Wealth Concepts LLC raised its stake in shares of CNH Industrial by 12.3% in the first quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock valued at $198,000 after acquiring an additional 1,772 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of CNH Industrial by 70.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock worth $27,856,000 after purchasing an additional 938,035 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of CNH Industrial by 56.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,206 shares of the company’s stock worth $106,000 after purchasing an additional 2,970 shares during the period. Federated Hermes Inc. grew its holdings in CNH Industrial by 29.8% during the 2nd quarter. Federated Hermes Inc. now owns 107,456 shares of the company’s stock valued at $1,393,000 after purchasing an additional 24,669 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in CNH Industrial by 0.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after purchasing an additional 1,100 shares during the last quarter. 59.88% of the stock is owned by hedge funds and other institutional investors.

CNH Industrial Trading Up 6.2%

Shares of CNH opened at $12.56 on Wednesday. The firm has a market capitalization of $15.55 billion, a price-to-earnings ratio of 50.24, a PEG ratio of 2.08 and a beta of 1.17. The company has a debt-to-equity ratio of 3.33, a current ratio of 12.23 and a quick ratio of 10.16. CNH Industrial N.V. has a 1-year low of $9.00 and a 1-year high of $13.31. The company has a 50-day moving average of $10.86 and a 200 day moving average of $10.92.

CNH Industrial (NYSE:CNH) last issued its earnings results on Monday, August 3rd. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The business had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.77 billion. During the same period in the prior year, the firm earned $0.17 EPS. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. On average, research analysts expect that CNH Industrial N.V. will post 0.45 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CNH shares. BMO Capital Markets raised their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. Weiss Ratings cut CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Evercore set a $12.25 price target on CNH Industrial in a report on Monday, May 11th. The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $12.00 to $10.50 in a research note on Monday, May 11th. Finally, JPMorgan Chase & Co. boosted their price objective on CNH Industrial from $9.50 to $10.00 and gave the company an “underweight” rating in a report on Monday, July 13th. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $12.72.

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.