Cummins Inc. (CMI) saw multiple new investments and share purchases, including Oak Thistle LLC, Universal Beteiligungs und Servicegesellschaft mbH, KLP Kapitalforvaltning AS, Choreo LLC among others boosting stakes. Reports also indicate increased Trading Volume for Cummins. Despite some stock sales by entities like Madison Asset Management LLC and SFE Investment Counsel, the overall sentiment towards the company is positive. Cummins has also advanced 4 leaders to Vice-Presidential positions and is standing strong with Artificial Intelligence build out. A notable growth of interest amongst institutional investors who currently own 87% of the firm has been observed. Barclays analysts expect the firm's stock price to rise, which is further backed by an upgrade from Goldman Sachs. Recent earnings reports did show a decline in sales and nets income despite surpassing Q1 earnings and revenue estimates. The Company announced a new hydrogen turbocharger for European heavy-duty engines and celebrated the reopening of its World Technical Center. Despite withdrawing its 2025 forecast due to tariff concerns, Cummins is considered a reliable investment due to its attractive financial prospects.
Cummins CMI News Analytics from Wed, 06 Nov 2024 08:00:00 GMT to Sat, 26 Jul 2025 19:06:18 GMT -
Innovation 4
- Information 8
- Rumor 3" ,"Ratin
