Summary
CNHI Chart
CNH Industrial (CNH) Matches Q2 Earnings Estimates
CNH Industrial (CNH) came out with quarterly earnings of $0.38 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.52 per share a year ago.
Natixis Advisors L.P. Buys Shares of 18,259 CNH Industrial (NYSE:CNHI)
Natixis Advisors L.P. purchased a new position in shares of CNH Industrial (NYSE:CNHI – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,259 shares of the company’s stock, valued at approximately $221,000. Several other institutional investors and hedge funds have also made changes to their positions in the business. Arizona State Retirement System acquired a new position in CNH Industrial during the fourth quarter worth about $3,429,000. Daiwa Securities Group Inc. acquired a new position in shares of CNH Industrial during the 4th quarter worth approximately $822,000. Jump Financial LLC raised its position in shares of CNH Industrial by 40.3% during the 3rd quarter. Jump Financial LLC now owns 210,402 shares of the company’s stock worth $2,546,000 after purchasing an additional 60,398 shares during the last quarter. Vanguard Group Inc. lifted its stake in CNH Industrial by 38.9% in the 3rd quarter. Vanguard Group Inc. now owns 51,276,895 shares of the company’s stock valued at $620,450,000 after buying an additional 14,348,475 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in CNH Industrial by 62.4% during the 4th quarter. Raymond James & Associates now owns 343,495 shares of the company’s stock valued at $4,184,000 after buying an additional 131,965 shares during the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors. CNH Industrial Trading Down 0.6 % Shares of CNHI opened at $11.45 on Monday. CNH Industrial has a one year low of $9.77 and a one year high of $15.74. The stock has a 50-day moving average price of $12.21 and a 200 day moving average price of $11.76. The company has a debt-to-equity ratio of 3.49, a quick ratio of 8.11 and a current ratio of 9.88. The company has a market capitalization of $14.40 billion, a P/E ratio of 6.70 and a beta of 1.66. CNH Industrial (NYSE:CNHI – Get Free Report) last announced its earnings results on Thursday, May 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. CNH Industrial had a return on equity of 28.38% and a net margin of 9.48%. The company had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same period in the prior year, the company posted $0.35 EPS. CNH Industrial’s quarterly revenue was down 9.8% on a year-over-year basis. Sell-side analysts forecast that CNH Industrial will post 1.51 EPS for the current fiscal year. CNH Industrial Increases Dividend The business also recently disclosed an annual dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be issued a dividend of $0.47 per share. This is a positive change from CNH Industrial’s previous annual dividend of $0.39. This represents a yield of 3.71%. The ex-dividend date is Friday, May 10th. CNH Industrial’s dividend payout ratio (DPR) is currently 27.49%. Wall Street Analyst Weigh In A number of research firms have recently weighed in on CNHI. Oppenheimer reissued a “market perform” rating on shares of CNH Industrial in a report on Tuesday, April 16th. StockNews.com cut shares of CNH Industrial from a “hold” rating to a “sell” rating in a research note on Thursday, April 11th. DA Davidson started coverage on CNH Industrial in a research note on Tuesday, January 23rd. They set a “neutral” rating and a $13.00 price target on the stock. Robert W. Baird lifted their price objective on CNH Industrial from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Finally, JPMorgan Chase & Co. reduced their target price on CNH Industrial from $14.50 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $15.20. Get Our Latest Report on CNH Industrial CNH Industrial Profile (Free Report) CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services. Read More Five stocks we like better than CNH Industrial What Does a Stock Split Mean? MarketBeat Week in Review – 5/13 – 5/17 Business Services Stocks Investing Take-Two Interactive Software Offers 2nd Chance for Investors Most Volatile Stocks, What Investors Need to Know Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook Want to see what other hedge funds are holding CNHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CNH Industrial (NYSE:CNHI – Free Report).
CNH Industrial N.V. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 3,485 | $32,511.44 | $35,303.02 | $2,791.58 | 8.59% |
 Tweedy Browne Tweedy, Browne Company LLC | 20.15M | $197.84M | $204.12M | $6.28M | 3.17% |
| SN Stephen Nickel CULLEN INVESTMENT GROUP Ltd. | 53,283 | $640,140.3 | $648,985.42 | $8,845.12 | 1.38% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 44,127 | $406,850.86 | $406,850.86 | - | - |
 Mason Hawkins Southeastern Asset Management | 3.72M | $47.84M | $45.27M | -$2.57M | -5.37% |
CNH Industrial N.V. (CNHI) FAQ
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CNH Industrial N.V. Profile
| Machinery Industry | Industrials Sector | Gerrit Andreas Marx CEO | NYSE Exchange | N20944109 CUSIP |
| GB Country | 35,850 Employees | 29 May 2024 Last Dividend | 30 Sep 2013 Last Split | 30 Sep 2013 IPO Date |
Overview
CNH Industrial N.V. stands as a formidable entity in the equipment and services domain, exerting its influence across a wide geographical stretch encompassing North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. Founded in 1842 and with its headquarters in Basildon, the United Kingdom, the company prides itself on its innovation and expertise in the design, production, marketing, sale, and financing of agricultural and construction equipment. The company's operations are seamlessly divided into three core segments: Agriculture, Construction, and Financial Services. Through these segments, CNH Industrial N.V. addresses the comprehensive needs of its global clientele, providing solutions that are pivotal for the advancement and productivity in the sectors it serves.
Products and Services
- Agriculture
This segment underpins CNH Industrial’s commitment to the agricultural sector by offering an extensive range of farm machinery and implements. This includes a versatile lineup from two-wheel and four-wheel drive tractors, crawler tractors, to combines, as well as specialized machinery like grape and sugar cane harvesters. The portfolio extends to hay and forage equipment, planting and seeding equipment, plus soil preparation and cultivation implements, alongside material handling equipment and cutting-edge precision agriculture technology. These products are primarily marketed under the illustrious New Holland Agriculture and Case IH brands, both of which are synonymous with quality and reliability in the agricultural machinery domain.
- Construction
The Construction segment showcases CNH Industrial’s prowess in the construction equipment sphere with a broad range of machinery designed for various construction needs. This ensemble includes excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders. These products are distributed under the CASE Construction Equipment, New Holland Construction, and Eurocomach brands, each carrying a legacy of performance and durability that meets the stringent demands of the construction industry.
- Financial Services
In a bid to facilitate the acquisition of its agricultural and construction equipment and components, CNH Industrial provides comprehensive financial solutions to end-use customers through its Financial Services segment. This includes tailor-made financing options for the purchase of new and used equipment and revolving charge account financing along with other ancillary services. Moreover, the segment offers wholesale financing solutions to dealers and distributors of CNH Industrial brands, alongside trade receivables factoring services to CNH companies. Additionally, it extends its financial services to Iveco Group companies located in North America, South America, and the Asia Pacific regions, further cementing CNH Industrial's role as a key player in the global markets it serves.
