CNH Industrial
About: CNH Industrial NV is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations worldwide. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.
Employees: 40,496
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
19% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 139
14% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 8 (+1) [Q3]
11% more capital invested
Capital invested by funds: $8.22B [Q2] → $9.11B (+$894M) [Q3]
1.31% more ownership
Funds ownership: 64.56% [Q2] → 65.88% (+1.31%) [Q3]
5% more call options, than puts
Call options by funds: $9.54M | Put options by funds: $9.08M
7% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 84
1% less funds holding
Funds holding: 444 [Q2] → 438 (-6) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Baird Mircea Dobre 50% 1-year accuracy 8 / 16 met price target | 19%upside $13 | Outperform Maintained | 11 Nov 2024 |
Raymond James Tim Thein 89% 1-year accuracy 8 / 9 met price target | 28%upside $14 | Outperform Upgraded | 24 Sept 2024 |
UBS | 28%upside $14 | Buy Maintained | 10 Sept 2024 |
Evercore ISI Group | 4%downside $10.50 | In-Line Maintained | 19 Aug 2024 |
Financial journalist opinion
Based on 9 articles about CNH published over the past 30 days
