Analysts Set Target Price at $13.28 for CNH Industrial Stock

CNH Industrial N.V. (NYSE: CNH) has received an average price target of $13.28 from analysts covering the company, according to a report from Marketbeat. The consensus recommendation for CNH Industrial is classified as a “Moderate Buy” by eighteen research firms. Analysts have provided a range of ratings: two have assigned a sell rating, six have issued a hold rating, nine have recommended buying the stock, and one has given it a strong buy rating.

Several firms have recently updated their assessments of CNH Industrial. On December 11, Citigroup lowered its price target from $13.00 to $11.00 while maintaining a buy rating. Truist Financial confirmed a buy rating but adjusted its price target down from $14.00 to $13.00 on November 10. On the same day, Cfra also reiterated a hold rating with a price target of $11.00. Additionally, Oppenheimer reduced its price objective from $16.00 to $13.00 on September 18, and Barclays lowered its target from $16.00 to $14.00 on October 20.

Recent Earnings and Financial Performance

CNH Industrial announced its earnings results on November 7, reporting $0.08 earnings per share (EPS) for the quarter, which fell short of the consensus estimate of $0.13 by $0.05. The company posted a return on equity of 8.32% and a net margin of 3.35%. Revenue for the quarter reached $4.40 billion, exceeding expectations of $4.22 billion, although this figure represents a 5.5% decline year-over-year. Looking ahead, CNH Industrial has set its fiscal year 2025 guidance at $0.440-$0.500 EPS, while analysts forecast an average of $0.70 EPS for the current fiscal year.

Insider Transactions and Institutional Holdings

In recent developments, Director Vagn O. Sorensen purchased 10,385 shares of CNH Industrial stock on November 11 at an average price of $9.62 per share, totaling approximately $99,903.70. This acquisition increased his holdings to 40,396 shares, valued at around $388,609.52. On November 12, Director Howard W. Buffett acquired 4,100 shares at an average price of $10.29, amounting to $42,189.00, which increased his holdings to 33,403 shares valued at approximately $343,716.87. Collectively, insiders purchased 73,007 shares worth $700,182 over the past 90 days, representing 0.23% of the company’s stock.

Institutional investors hold a significant share of CNH Industrial, with 59.88% of the stock owned by large investors. Recent changes in large stakes include Quent Capital LLC, which acquired a new stake worth approximately $27,000 in the third quarter. Twin Tree Management LP significantly increased its position by 1,068.0%, now owning 2,362 shares valued at about $29,000. Other firms, such as Measured Wealth Private Client Group LLC and Clearstead Advisors LLC, have also made new acquisitions or increased their holdings in CNH Industrial.

CNH Industrial N.V. is a global leader in manufacturing and selling specialized machinery and services for the agriculture and construction sectors, along with providing replacement parts and accessories. The company operates through various segments, including Agriculture, Construction, and Financial Services.