Handelsbanken Fonder AB Raises Stock Holdings in CNH Industrial N.V. $CNH

Handelsbanken Fonder AB lifted its holdings in shares of CNH Industrial N.V. (NYSE:CNH) by 308.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 833,248 shares of the company’s stock after purchasing an additional 629,248 shares during the period. Handelsbanken Fonder AB owned about 0.07% of CNH Industrial worth $9,041,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Quent Capital LLC purchased a new stake in CNH Industrial during the third quarter worth about $27,000. Clearstead Advisors LLC grew its position in shares of CNH Industrial by 132.7% during the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock valued at $37,000 after acquiring an additional 1,924 shares during the period. Transamerica Financial Advisors LLC grew its position in shares of CNH Industrial by 923.2% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock valued at $47,000 after acquiring an additional 3,296 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of CNH Industrial by 77.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 4,036 shares of the company’s stock worth $44,000 after purchasing an additional 1,763 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of CNH Industrial in the 2nd quarter worth approximately $61,000. 59.88% of the stock is owned by hedge funds and other institutional investors.

CNH Industrial Price Performance

CNH Industrial stock opened at $12.28 on Monday. The firm has a market capitalization of $15.24 billion, a P/E ratio of 30.71, a PEG ratio of 1.76 and a beta of 1.24. CNH Industrial N.V. has a one year low of $9.00 and a one year high of $14.27. The company has a debt-to-equity ratio of 3.44, a current ratio of 13.34 and a quick ratio of 11.36. The business has a fifty day moving average price of $11.08 and a 200-day moving average price of $10.75.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. CNH Industrial had a return on equity of 8.90% and a net margin of 2.82%.The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.91 billion. During the same quarter in the prior year, the firm posted $0.15 EPS. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. CNH Industrial has set its FY 2026 guidance at 0.350-0.450 EPS. As a group, equities research analysts forecast that CNH Industrial N.V. will post 0.7 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on CNH. DA Davidson upped their price objective on CNH Industrial from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. iA Financial set a $13.00 price target on CNH Industrial in a research report on Wednesday, January 14th. Citigroup increased their price target on CNH Industrial from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Truist Financial set a $12.00 price objective on CNH Industrial in a report on Wednesday, January 14th. Finally, Cfra restated a “hold” rating and issued a $11.00 price objective on shares of CNH Industrial in a research note on Monday, November 10th. Eight equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $13.37.

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.