Gabelli Funds LLC Increases Position in CNH Industrial N.V. $CNH

Gabelli Funds LLC increased its stake in shares of CNH Industrial N.V. (NYSE:CNH) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,967,145 shares of the company’s stock after buying an additional 144,200 shares during the quarter. Gabelli Funds LLC owned about 0.56% of CNH Industrial worth $75,594,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in CNH Industrial during the 3rd quarter valued at approximately $27,000. Clearstead Advisors LLC lifted its position in CNH Industrial by 132.7% during the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock worth $37,000 after acquiring an additional 1,924 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of CNH Industrial by 77.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 4,036 shares of the company’s stock valued at $44,000 after purchasing an additional 1,763 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of CNH Industrial by 923.2% in the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock valued at $47,000 after purchasing an additional 3,296 shares during the period. Finally, Headlands Technologies LLC acquired a new position in shares of CNH Industrial in the second quarter valued at approximately $61,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Stock Down 2.1%

CNH opened at $11.16 on Friday. 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 50 day simple moving average of $11.32 and a 200-day simple moving average of $10.75. The stock has a market capitalization of $13.84 billion, a P/E ratio of 27.89, a P/E/G ratio of 1.65 and a beta of 1.24. CNH Industrial N.V. has a 12 month low of $9.00 and a 12 month high of $14.27.

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

Analyst Upgrades and Downgrades

CNH has been the subject of several recent research reports. Weiss Ratings raised CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. JPMorgan Chase & Co. cut shares of CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a research note on Friday, November 28th. Truist Financial set a $12.00 price objective on shares of CNH Industrial in a research report on Wednesday, January 14th. Citigroup raised their target price on shares of CNH Industrial from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Finally, Robert W. Baird lifted their target price on shares of CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.37.

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.