Blume Capital Management Inc. Has $5.18 Million Stock Position in CNH Industrial N.V. $CNH

Blume Capital Management Inc. boosted its position in CNH Industrial N.V. (NYSE:CNH) by 16.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 561,855 shares of the company’s stock after purchasing an additional 79,860 shares during the period. Blume Capital Management Inc.’s holdings in CNH Industrial were worth $5,180,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Thrivent Financial for Lutherans grew its stake in CNH Industrial by 8.9% in the third quarter. Thrivent Financial for Lutherans now owns 8,217,192 shares of the company’s stock valued at $89,157,000 after acquiring an additional 672,238 shares during the period. Massachusetts Financial Services Co. MA grew its stake in CNH Industrial by 25.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,049,628 shares of the company’s stock valued at $43,938,000 after acquiring an additional 811,419 shares during the period. JPMorgan Chase & Co. grew its stake in CNH Industrial by 14.8% in the third quarter. JPMorgan Chase & Co. now owns 8,328,262 shares of the company’s stock valued at $90,364,000 after acquiring an additional 1,072,138 shares during the period. Alliancebernstein L.P. grew its stake in CNH Industrial by 6.3% in the third quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock valued at $226,152,000 after acquiring an additional 1,239,952 shares during the period. Finally, Eubel Brady & Suttman Asset Management Inc. grew its stake in CNH Industrial by 33.6% in the third quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,007,597 shares of the company’s stock valued at $21,782,000 after acquiring an additional 505,221 shares during the period. 59.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on CNH. Barclays raised their price objective on CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Weiss Ratings raised CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. Robert W. Baird lifted their target price on CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. Citigroup lifted their target price on CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Finally, Oppenheimer lifted their target price on CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.77.

CNH Industrial Stock Down 0.0%

CNH stock opened at $10.43 on Monday. The stock’s fifty day simple moving average is $10.75 and its two-hundred day simple moving average is $10.63. The company has a current ratio of 12.27, a quick ratio of 10.17 and a debt-to-equity ratio of 3.32. CNH Industrial N.V. has a 1-year low of $9.00 and a 1-year high of $14.27. The stock has a market cap of $12.93 billion, a P/E ratio of 33.63, a P/E/G ratio of 1.43 and a beta of 1.18.

CNH Industrial (NYSE:CNH) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate 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 for the quarter, compared to analysts’ expectations of $3.80 billion. During the same quarter in the previous year, the firm earned $0.10 earnings per share. The business’s revenue was down .1% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. Analysts expect that CNH Industrial N.V. will post 0.41 EPS for the current year.

CNH Industrial Cuts Dividend

The company also recently announced an annual dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be paid a $0.10 dividend. The ex-dividend date is Thursday, May 21st. This represents a dividend yield of 89.0%.

Insider Activity

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $10.13, for a total transaction of $490,140.05. Following the sale, the insider directly owned 71,926 shares in the company, valued at approximately $728,610.38. The trade was a 40.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.18% of the company’s stock.

CNH Industrial 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.