Added to YB: 2025-05-28
Pitch date: 2025-03-31
CNH [neutral]
CNH Industrial N.V.
-17.87%
current return
Author Info
No bio for this author
Company Info
CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.
Market Cap
$16.2B
Pitch Price
$12.05
Price Target
N/A
Dividend
1.93%
EV/EBITDA
20.03
P/E
16.21
EV/Sales
2.19
Sector
Machinery
Category
growth
The Gabelli Global Rising Income & Dividend Fund Portfolio Holding: CNH Industrial N.V.
CNH (holding update): 2nd largest global ag equipment maker. Spun off IVECO truck biz in 2021 to focus on ag tech for farmer productivity (planting, spraying, harvesting). 2021 Raven acquisition strengthens tech backbone. Construction biz to benefit from US infrastructure spend. Near-term headwinds: crop prices, rates, but well-positioned for recovery.
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