CNH IndustrialCNH
Market Cap: 13.1B
About: CNH Industrial 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 Q1 SEC filings by fund managers ($100M+ AUM)
177% more call options, than puts
Call options by funds: $40.2M | Put options by funds: $14.5M
68% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 106
53% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 58
50% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2023] → 9 (+3) [Q1 2024]
9% more capital invested
Capital invested by funds: $9.19B [Q4 2023] → $10B (+$837M) [Q1 2024]
8% more funds holding
Funds holding: 377 [Q4 2023] → 408 (+31) [Q1 2024]
4.93% more ownership
Funds ownership: 56.73% [Q4 2023] → 61.67% (+4.93%) [Q1 2024]
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
JP Morgan Tami Zakaria | 25%upside $13 | Neutral Maintained | 11 Jul 2024 |
Truist Securities Jailendra Singh | 35%upside $14 | Buy Maintained | 2 Jul 2024 |
Citigroup Kyle Menges | 54%upside $16 | Buy Initiated | 26 Jun 2024 |
Northland Capital Markets Ted Jackson | 73%upside $18 | Outperform Initiated | 13 Jun 2024 |
Financial journalist opinion
We haven’t received any recent news articles for CNH.