CNH Industrial N.V. $CNH Position Reduced by Marathon Asset Management Ltd

Marathon Asset Management Ltd trimmed its position in shares of CNH Industrial N.V. (NYSE:CNH) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,917,195 shares of the company’s stock after selling 555,863 shares during the quarter. CNH Industrial makes up 4.2% of Marathon Asset Management Ltd’s portfolio, making the stock its 2nd biggest holding. Marathon Asset Management Ltd’s holdings in CNH Industrial were worth $109,877,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Daiwa Securities Group Inc. lifted its position in shares of CNH Industrial by 0.6% in the second quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after acquiring an additional 1,100 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of CNH Industrial by 2.6% in the fourth quarter. ProShare Advisors LLC now owns 47,074 shares of the company’s stock valued at $434,000 after acquiring an additional 1,187 shares in the last quarter. State of Michigan Retirement System lifted its position in shares of CNH Industrial by 0.5% in the third quarter. State of Michigan Retirement System now owns 246,300 shares of the company’s stock valued at $2,672,000 after acquiring an additional 1,200 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of CNH Industrial by 7.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,863 shares of the company’s stock valued at $216,000 after acquiring an additional 1,448 shares in the last quarter. Finally, Independent Advisor Alliance lifted its position in shares of CNH Industrial by 14.7% in the fourth quarter. Independent Advisor Alliance now owns 11,862 shares of the company’s stock valued at $109,000 after acquiring an additional 1,516 shares in the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on CNH shares. Sanford C. Bernstein started coverage on CNH Industrial in a research report on Thursday, May 7th. They issued a “market perform” rating and a $11.00 price objective on the stock. Citigroup upped their price objective on CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Weiss Ratings upgraded CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. Wall Street Zen upgraded CNH Industrial from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, DA Davidson restated a “neutral” rating and issued a $12.00 price objective on shares of CNH Industrial in a research report on Monday, May 4th. Six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.77.

CNH Industrial Stock Performance

CNH Industrial stock opened at $10.23 on Wednesday. The firm has a market capitalization of $12.68 billion, a P/E ratio of 32.99, a PEG ratio of 1.44 and a beta of 1.18. The stock has a fifty day moving average price of $10.71 and a 200 day moving average price of $10.63. CNH Industrial N.V. has a 52 week low of $9.00 and a 52 week high of $14.27. 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 released its earnings results on Thursday, April 30th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.80 billion. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.10 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. Equities research analysts anticipate that CNH Industrial N.V. will post 0.41 earnings per share for the current year.

CNH Industrial Cuts Dividend

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

Insider Buying and Selling

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $10.13, for a total value of $490,140.05. Following the completion of the transaction, the insider directly owned 71,926 shares in the company, valued at approximately $728,610.38. This represents a 40.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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.