CNH Industrial Target of Unusually High Options Trading (NYSE:CNH)

CNH Industrial N.V. (NYSE:CNH) was the target of some unusual options trading activity on Friday. Traders bought 3,995 call options on the company. This is an increase of approximately 624% compared to the average volume of 552 call options.

Hedge Funds Weigh In On CNH Industrial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CNH. National Pension Service acquired a new stake in CNH Industrial in the 4th quarter valued at about $2,620,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of CNH Industrial by 21.0% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 915,808 shares of the company’s stock valued at $8,563,000 after purchasing an additional 158,729 shares in the last quarter. Sei Investments Co. grew its position in shares of CNH Industrial by 61.3% in the first quarter. Sei Investments Co. now owns 4,666,201 shares of the company’s stock valued at $51,330,000 after purchasing an additional 1,774,178 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of CNH Industrial by 5.3% in the fourth quarter. BNP Paribas Financial Markets now owns 7,108,081 shares of the company’s stock valued at $65,537,000 after purchasing an additional 360,898 shares during the last quarter. Finally, Gabelli Funds LLC increased its holdings in shares of CNH Industrial by 1.4% in the fourth quarter. Gabelli Funds LLC now owns 7,064,650 shares of the company’s stock valued at $65,136,000 after purchasing an additional 97,505 shares during the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Stock Performance

Shares of CNH Industrial stock traded up $0.36 during midday trading on Friday, hitting $14.20. The company had a trading volume of 4,397,059 shares, compared to its average volume of 15,192,928. The stock has a market cap of $17.58 billion, a price-to-earnings ratio of 56.87, a PEG ratio of 2.40 and a beta of 1.17. The company has a quick ratio of 10.16, a current ratio of 12.23 and a debt-to-equity ratio of 3.33. The company has a fifty day simple moving average of $10.98 and a 200 day simple moving average of $10.94. CNH Industrial has a 12-month low of $9.00 and a 12-month high of $14.26.

CNH Industrial (NYSE:CNH) last released its earnings results on Monday, August 3rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.77 billion. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. CNH Industrial’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, analysts predict that CNH Industrial will post 0.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Robert W. Baird raised shares of CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 price target for the company in a research report on Monday. The Goldman Sachs Group lowered shares of CNH Industrial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $12.00 to $10.50 in a report on Monday, May 11th. Weiss Ratings raised shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Sanford C. Bernstein restated a “market perform” rating on shares of CNH Industrial in a report on Tuesday, August 4th. Finally, Evercore raised CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 target price on the stock in a research report on Wednesday. Eight investment 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’s stock. According to MarketBeat, CNH Industrial currently has a consensus rating of “Hold” and a consensus target price of $13.10.

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.