Cummins Inc. (CMI) has been making headlines with a significant amount of recent stock activity. Notably,
Goldman Sachs has upgraded the CMI stock to 'buy' and raised their price target.
Toronto Dominion Bank and multiple asset management companies have recently acquired sizeable shares of CMI, while some others like
Birmingham Capital Management trimmed their stake. Furthermore, Bronxtein, Gewirtz & Grossman, LLC, is inviting shareholders to learn more about their ongoing investigation.
Cummins has seen positive outcomes with their five-year total shareholder returns outpacing the underlying earnings growth. Moreover, the company completed a $2 billion senior notes offering and has been named a top dividend stock with insider buying and a 2.20% yield. However, CMI's
2025 financial forecast has been withdrawn due to tariff woes. The company eyes growth despite Q1's earnings being expected to decline.
Cummins has unveiled a B7.2 Diesel Engine for medium-duty applications, highlighting its commitment to innovative product development. Lastly, John Gaidoo has been appointed as Vice President and Chief Legal Officer of the Simbol Group.
Cummins CMI News Analytics from Wed, 06 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 22:35:01 GMT -
Rating 9
- Innovation 8
- Information 7
- Rumor -2
