Gamco Investors INC. ET AL Cuts Stock Position in CNH Industrial N.V. $CNH

Gamco Investors INC. ET AL lessened its position in CNH Industrial N.V. (NYSE:CNH) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,472,143 shares of the company’s stock after selling 285,007 shares during the quarter. CNH Industrial makes up 0.8% of Gamco Investors INC. ET AL’s investment portfolio, making the stock its 19th largest holding. Gamco Investors INC. ET AL’s holdings in CNH Industrial were worth $82,194,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in CNH Industrial during the 3rd quarter valued at about $29,000. Rothschild Investment LLC increased its stake in CNH Industrial by 1,734.2% during the fourth quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock worth $32,000 after purchasing an additional 3,295 shares during the period. Kestra Advisory Services LLC purchased a new stake in CNH Industrial during the fourth quarter worth about $34,000. Advisory Services Network LLC acquired a new stake in shares of CNH Industrial during the third quarter worth about $37,000. Finally, Clearstead Advisors LLC lifted its position in shares of CNH Industrial by 52.5% during the fourth quarter. Clearstead Advisors LLC now owns 5,145 shares of the company’s stock worth $47,000 after purchasing an additional 1,771 shares in the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

Insider Transactions at CNH Industrial

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $10.13, for a total transaction of $490,140.05. Following the completion of the transaction, the insider owned 71,926 shares in the company, valued at $728,610.38. The trade was a 40.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CNH shares. JPMorgan Chase & Co. lifted their price objective on shares of CNH Industrial from $9.50 to $10.00 and gave the company an “underweight” rating in a report on Monday, July 13th. Truist Financial set a $16.00 target price on shares of CNH Industrial in a report on Friday, May 1st. Barclays increased their target price on shares of CNH Industrial from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Wednesday, April 1st. Weiss Ratings cut shares of CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 14th. Finally, Sanford C. Bernstein initiated coverage on shares of CNH Industrial in a research note on Thursday, May 7th. They issued a “market perform” rating and a $11.00 price target for the company. Six research 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, the stock has an average rating of “Hold” and an average price target of $12.77.

CNH Industrial Price Performance

CNH stock opened at $11.12 on Friday. The business’s 50-day moving average is $10.55 and its two-hundred day moving average is $10.92. 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 firm has a market capitalization of $13.79 billion, a P/E ratio of 35.89, a P/E/G ratio of 2.04 and a beta of 1.14. CNH Industrial N.V. has a 1 year low of $9.00 and a 1 year high of $13.32.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.80 billion. During the same period in the previous year, the company posted $0.10 earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. Analysts anticipate that CNH Industrial N.V. will post 0.41 earnings per share for the current fiscal year.

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.