Trinity Street Asset Management LLP Lowers Stock Position in CNH Industrial N.V. $CNH

Trinity Street Asset Management LLP lessened its position in shares of CNH Industrial N.V. (NYSE:CNH) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,394,337 shares of the company’s stock after selling 47,193 shares during the quarter. CNH Industrial makes up 1.8% of Trinity Street Asset Management LLP’s holdings, making the stock its 13th biggest position. Trinity Street Asset Management LLP owned about 0.19% of CNH Industrial worth $26,338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CNH. State Street Corp boosted its stake in shares of CNH Industrial by 5.1% during the 3rd quarter. State Street Corp now owns 37,764,717 shares of the company’s stock worth $409,747,000 after acquiring an additional 1,834,076 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of CNH Industrial by 45.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock valued at $247,338,000 after acquiring an additional 8,332,615 shares during the period. Hotchkis & Wiley Capital Management LLC increased its stake in shares of CNH Industrial by 17.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock valued at $282,868,000 after purchasing an additional 3,841,999 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of CNH Industrial by 6.3% in the 3rd quarter. Alliancebernstein L.P. now owns 20,843,475 shares of the company’s stock valued at $226,152,000 after purchasing an additional 1,239,952 shares in the last quarter. Finally, Tweedy Browne Co LLC raised its holdings in 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. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Analyst Upgrades and Downgrades

CNH has been the topic of a number of recent analyst reports. DA Davidson reiterated a “neutral” rating and set a $12.00 price target on shares of CNH Industrial in a research report on Monday, May 4th. The Goldman Sachs Group cut CNH Industrial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $12.00 to $10.50 in a research report on Monday, May 11th. Evercore set a $12.25 target price on CNH Industrial in a research report on Monday, May 11th. Citigroup lifted their price target on shares of CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Finally, Weiss Ratings raised shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 25th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $12.77.

CNH Industrial Trading Down 1.4%

Shares of CNH Industrial stock opened at $11.23 on Wednesday. The firm has a market capitalization of $13.93 billion, a PE ratio of 36.24, a P/E/G ratio of 1.56 and a beta of 1.16. CNH Industrial N.V. has a twelve month low of $9.00 and a twelve month high of $14.27. The firm’s 50-day moving average price is $10.55 and its 200 day moving average price is $10.79. 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 (NYSE:CNH) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.01 EPS 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 company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.80 billion. During the same period in the previous year, the business earned $0.10 EPS. CNH Industrial’s quarterly revenue was down .1% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. On average, sell-side analysts predict that CNH Industrial N.V. will post 0.41 EPS for the current fiscal year.

Insider Activity

In related 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 stock was sold at an average price of $10.13, for a total transaction of $490,140.05. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 owned by corporate insiders.

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.