CNH Industrial (NYSE:CNH) Sets New 12-Month High on Analyst Upgrade

CNH Industrial N.V. (NYSE:CNH) shares reached a new 52-week high during mid-day trading on Wednesday after Weiss Ratings upgraded the stock from a sell (d+) rating to a hold (c-) rating. The stock traded as high as $13.31 and last traded at $13.3590, with a volume of 14354899 shares trading hands. The stock had previously closed at $12.50.

A number of other research firms have also recently weighed in on CNH. Citigroup raised their price target on shares of CNH Industrial from $12.00 to $13.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. BMO Capital Markets raised their target price on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “market perform” rating in a research note on Tuesday, August 4th. Evercore raised shares of CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 price target on the stock in a report on Wednesday. The Goldman Sachs Group downgraded CNH Industrial from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $12.00 to $10.50 in a research report on Monday, May 11th. Finally, Robert W. Baird upgraded CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 price objective for the company in a report on Monday. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.10.

Institutional Trading of CNH Industrial

Several large investors have recently bought and sold shares of CNH. National Pension Service acquired a new stake in CNH Industrial during the fourth quarter valued at $2,620,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of CNH Industrial by 21.0% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 915,808 shares of the company’s stock worth $8,563,000 after acquiring an additional 158,729 shares during the period. Sei Investments Co. raised its position in shares of CNH Industrial by 61.3% in the first quarter. Sei Investments Co. now owns 4,666,201 shares of the company’s stock worth $51,330,000 after acquiring an additional 1,774,178 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of CNH Industrial by 5.3% during the 4th quarter. BNP Paribas Financial Markets now owns 7,108,081 shares of the company’s stock worth $65,537,000 after acquiring an additional 360,898 shares in the last quarter. Finally, Gabelli Funds LLC boosted its stake in shares of CNH Industrial by 1.4% during the 4th quarter. Gabelli Funds LLC now owns 7,064,650 shares of the company’s stock worth $65,136,000 after acquiring an additional 97,505 shares in the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. The firm has a market capitalization of $17.13 billion, a PE ratio of 55.36, a price-to-earnings-growth ratio of 2.40 and a beta of 1.17. The firm’s 50 day moving average price is $10.98 and its 200-day moving average price is $10.94.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $4.80 billion during the quarter, compared to analyst estimates of $4.77 billion. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.CNH Industrial’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.17 EPS. 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.

CNH Industrial Company 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.