BlackRock Discloses Significant Stake in CNH Industrial N.V.

Ticker: CNH · Form: SC 13G · Filed: 2024-02-02T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, SC-13G, passive-investment

TL;DR

**BlackRock just revealed a big stake in CNH Industrial, signaling institutional interest.**

AI Summary

BlackRock Inc., a massive investment management firm, reported on February 2, 2024, that it holds a significant stake in CNH Industrial N.V. (CNHI), a company that makes construction and agricultural machinery. This filing, dated December 31, 2023, indicates BlackRock's position as a major institutional investor in CNHI. This matters to CNHI shareholders because BlackRock's substantial ownership can influence company decisions and signals a vote of confidence (or lack thereof) from a major financial player.

Why It Matters

BlackRock's substantial holding in CNH Industrial N.V. means a major institutional investor has a vested interest, potentially influencing governance and signaling market confidence.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of an institutional holding and does not indicate any immediate negative risk.

Analyst Insight

Investors should note BlackRock's position as a significant institutional holder, which can provide stability but also means large block trades could impact stock price. Monitor future BlackRock filings for changes in their CNHI stake.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G filing, specifically filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.

Who is the 'reporting person' in this SC 13G filing?

The reporting person is BlackRock Inc., a large investment management firm based in New York, NY.

Which company is the 'subject company' of this filing?

The subject company is CNH Industrial N.V., which is classified under 'Construction Machinery & Equip' (SIC 3531) and has its business address in London, UK.

What is the 'Date of Event Which Requires Filing of this Statement'?

The date of the event which requires the filing of this statement is December 31, 2023.

What is the 'Title of Class of Securities' that BlackRock Inc. is reporting on?

The title of the class of securities is 'Common Stock' of CNH Industrial N.V.

From the Filing

0001086364-24-006189.txt : 20240202 0001086364-24-006189.hdr.sgml : 20240202 20240202141727 ACCESSION NUMBER: 0001086364-24-006189 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240202 DATE AS OF CHANGE: 20240202 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CNH Industrial N.V. CENTRAL INDEX KEY: 0001567094 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-87650 FILM NUMBER: 24590221 BUSINESS ADDRESS: STREET 1: 25 ST. JAMES'S STREET CITY: LONDON, STATE: X0 ZIP: SW1A 1HA BUSINESS PHONE: 011 44 1268 533000 MAIL ADDRESS: STREET 1: 25 ST. JAMES'S STREET CITY: LONDON, STATE: X0 ZIP: SW1A 1HA FORMER COMPANY: FORMER CONFORMED NAME: FI CBM Holdings N.V. DATE OF NAME CHANGE: 20130115 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G 1 nl0010545661_020224.txt nl0010545661_020224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: ) CNH Industrial N.V. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) BDX85Z1 -------------------------------------------------------- (SEDOL Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SEDOL No. BDX85Z1 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 78263168 (6) Shared voting power 0 (7) Sole dispositive power 85186366 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 85186366 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 6.2% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- CNH Industrial N.V. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- Cranes Farm Road,?Basildon, Essex LONDON United Kingdom SS14 3AD Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackR

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