Gamco Investors INC. ET AL Cuts Position in CNH Industrial N.V. $CNH

Gamco Investors INC. ET AL lessened its holdings in CNH Industrial N.V. (NYSE:CNH) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,757,150 shares of the company’s stock after selling 129,163 shares during the quarter. CNH Industrial comprises 0.7% of Gamco Investors INC. ET AL’s portfolio, making the stock its 23rd largest position. Gamco Investors INC. ET AL’s holdings in CNH Industrial were worth $71,521,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CNH. Quent Capital LLC purchased a new stake in CNH Industrial in the third quarter worth about $27,000. Measured Wealth Private Client Group LLC purchased a new stake in CNH Industrial in the third quarter worth about $29,000. Elevation Wealth Partners LLC purchased a new stake in CNH Industrial in the fourth quarter worth about $31,000. Clearstead Advisors LLC grew its holdings in CNH Industrial by 132.7% in the third quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock worth $37,000 after purchasing an additional 1,924 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in CNH Industrial in the third quarter worth about $37,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Analysts Set New Price Targets

CNH has been the topic of several analyst reports. Citigroup upped their target price on shares of CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Sanford C. Bernstein initiated 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. Barclays upped their target price on shares of CNH Industrial from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 1st. Evercore set a $12.25 target price on shares of CNH Industrial in a research note on Monday, May 11th. Finally, Wall Street Zen upgraded shares of CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, CNH Industrial has a consensus rating of “Hold” and an average target price of $12.77.

Insiders Place Their Bets

In related news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $10.13, for a total transaction of $490,140.05. Following the transaction, the insider owned 71,926 shares in the company, valued at $728,610.38. This represents a 40.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.18% of the stock is currently owned by company insiders.

CNH Industrial Stock Down 0.0%

Shares of CNH Industrial stock opened at $10.43 on Monday. The company has a market cap of $12.93 billion, a price-to-earnings ratio of 33.63, a price-to-earnings-growth ratio of 1.43 and a beta of 1.18. The company’s 50 day moving average is $10.75 and its 200 day moving average is $10.63. CNH Industrial N.V. has a twelve month low of $9.00 and a twelve month high of $14.27. The company has a quick ratio of 10.17, a current ratio of 12.27 and a debt-to-equity ratio of 3.32.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. The company 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 firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.10 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. Research analysts anticipate that CNH Industrial N.V. will post 0.41 EPS for the current year.

CNH Industrial Cuts Dividend

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

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.