Geode Capital Management LLC Purchases 176,860 Shares of CNH Industrial N.V. $CNH

Geode Capital Management LLC boosted its position in shares of CNH Industrial N.V. (NYSE:CNH) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,074,915 shares of the company’s stock after purchasing an additional 176,860 shares during the period. Geode Capital Management LLC’s holdings in CNH Industrial were worth $157,021,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in CNH. Tweedy Browne Co LLC grew its holdings in CNH Industrial by 51.9% during the 4th quarter. Tweedy Browne Co LLC now owns 20,180,953 shares of the company’s stock valued at $186,068,000 after purchasing an additional 6,899,583 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in CNH Industrial by 17.3% during 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 during the last quarter. BNP Paribas Financial Markets grew its holdings in CNH Industrial by 323.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 4,776,930 shares of the company’s stock valued at $61,909,000 after purchasing an additional 3,647,517 shares during the last quarter. Tudor Investment Corp ET AL grew its holdings in CNH Industrial by 317.5% during the 3rd quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock valued at $44,241,000 after purchasing an additional 3,100,766 shares during the last quarter. Finally, Citigroup Inc. grew its holdings in CNH Industrial by 148.1% during the 3rd quarter. Citigroup Inc. now owns 4,521,087 shares of the company’s stock valued at $49,054,000 after purchasing an additional 2,698,775 shares during the last quarter. 59.88% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other CNH Industrial news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $10.13, for a total value of $490,140.05. Following the transaction, the insider directly owned 71,926 shares in the company, valued at $728,610.38. This represents a 40.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Robert W. Baird upped their price target 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. Citigroup upped their price target on shares of CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a report on Monday, April 13th. Oppenheimer upped their price target on shares of CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Barclays upped their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, April 1st. Finally, Sanford C. Bernstein started coverage on shares of CNH Industrial in a research note on Thursday, May 7th. They issued a “market perform” rating and a $11.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $12.77.

CNH Industrial Price Performance

Shares of CNH stock opened at $11.06 on Thursday. The company has a debt-to-equity ratio of 3.32, a current ratio of 12.27 and a quick ratio of 10.17. The company has a market capitalization of $13.72 billion, a P/E ratio of 35.68, a P/E/G ratio of 1.50 and a beta of 1.16. The company’s 50-day simple moving average is $10.67 and its two-hundred day simple moving average is $10.64. CNH Industrial N.V. has a one year low of $9.00 and a one year high of $14.27.

CNH Industrial (NYSE:CNH) last issued its earnings results on Thursday, April 30th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The business had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.80 billion. CNH Industrial had a net margin of 2.13% and a return on equity of 7.48%. The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. As a group, equities analysts anticipate that CNH Industrial N.V. will post 0.41 EPS for the current year.

CNH Industrial Cuts Dividend

The business also recently announced an annual dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were paid a $0.10 dividend. This represents a yield of 98.0%. The ex-dividend date was Thursday, May 21st. CNH Industrial’s dividend payout ratio is currently 32.26%.

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.