Cummins Inc. (CMI) has been actively increasing its
holdings with Portside Wealth Group LLC and Foster Victor Wealth Advisors LLC adding more shares. The company is making significant strides in reducing emissions. There's also advancement in cutting-edge
filtration technology through its recent launch of an exchange offer for Atmus Filtration Technologies Inc.
Cummins acts as an attractive choice for
investing due to its consistent
dividend strength, even amidst challenging economies. Notably, it beat earnings perfectively ahead of the Q2 release, raising its long-term financial targets. With its Jamestown engine plant marking 50 years of innovation excellence, Cummins' Q2 earnings are highly anticipated. The company also received a $75 million grant for zero-emissions manufacturing from the Department of Energy along with introducing next-gen hydrogen and electric solutions for commercial vehicles, through
Accelera. Cummins announced the completion of the Atmus Filtration Technologies separation and increased its dividend to $1.82. Yet, it encountered a regulatory challenge over emission certification and compliance process for pickup trucks application.
Cummins CMI News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 18 Aug 2024 11:34:30 GMT -
Rating 8
- Innovation -2
- Information 7
- Rumor 3
