CNH Industrial N.V. $CNH Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lowered its position in shares of CNH Industrial N.V. (NYSE:CNH) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 358,135 shares of the company’s stock after selling 4,103 shares during the period. Asset Management One Co. Ltd.’s holdings in CNH Industrial were worth $4,641,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of CNH. Twin Tree Management LP boosted its stake in CNH Industrial by 1,068.0% in the first quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock valued at $29,000 after acquiring an additional 2,606 shares in the last quarter. Brooklyn Investment Group boosted its stake in CNH Industrial by 218.3% in the first quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock valued at $42,000 after acquiring an additional 2,325 shares in the last quarter. Harbour Investments Inc. boosted its stake in CNH Industrial by 697.1% in the first quarter. Harbour Investments Inc. now owns 4,376 shares of the company’s stock valued at $54,000 after acquiring an additional 3,827 shares in the last quarter. Advantage Trust Co acquired a new position in CNH Industrial in the second quarter valued at $54,000. Finally, SVB Wealth LLC acquired a new position in CNH Industrial in the first quarter valued at $59,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

Wall Street Analysts Forecast Growth

CNH has been the subject of several research analyst reports. Raymond James Financial decreased their price objective on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. Barclays decreased their price objective on shares of CNH Industrial from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Monday, October 20th. Truist Financial decreased their price objective on shares of CNH Industrial from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. The Goldman Sachs Group cut shares of CNH Industrial from a “buy” rating to a “neutral” rating and reduced their target price for the company from $12.50 to $11.50 in a report on Wednesday, July 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of CNH Industrial in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, CNH Industrial presently has an average rating of “Moderate Buy” and an average price target of $14.65.

Insider Transactions at CNH Industrial

In related news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $12.53, for a total transaction of $153,755.63. Following the completion of the transaction, the insider directly owned 14,940 shares of the company’s stock, valued at $187,198.20. This represents a 45.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $10.63 on Wednesday. The company has a 50-day simple moving average of $11.04 and a 200-day simple moving average of $12.10. CNH Industrial N.V. has a one year low of $9.87 and a one year high of $14.27. The company has a debt-to-equity ratio of 3.52, a quick ratio of 10.34 and a current ratio of 12.33. The stock has a market capitalization of $13.29 billion, a price-to-earnings ratio of 16.35 and a beta of 1.51.

CNH Industrial (NYSE:CNH) last announced its earnings results on Friday, August 1st. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.47 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business’s revenue was down 14.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.38 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. On average, analysts predict that CNH Industrial N.V. will post 0.7 EPS for the current year.

CNH Industrial Company Profile

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.