In a recent series of financial moves, multiple investment and asset management firms have adjusted their holdings in bio-tech company Cummins Inc. (CMI). Several companies have bolstered their positions, including 1832 Asset Management, Oarsman Capital Inc and APG Asset Management. However, other entities like Epoch Investment Partners Inc. and Kayne Anderson Rudnick Investment Management LLC have significantly reduced their holdings. Notably, Synovus Financial Corp and Campbell & CO Investment Adviser LLC are among the companies that have engaged CMI stocks. A significant development in this flurry of financial movements is the AI initiative by Cummins which is a significant growth driver for the company. Meanwhile, Zacks Research has provided some insight into Cummins' Q3 earnings while others express conflicting sentiments on the company's industrial goods. Despite a recent struggle in the truck market, Cummins CEO has focused on the secular growth in power. The company also managed to beat quarterly revenue estimates showing strong generator demand though tariff concerns persist.
Cummins CMI News Analytics from Mon, 05 May 2025 07:00:00 GMT to Sun, 31 Aug 2025 00:10:57 GMT - Rating -1 - Innovation 5 - Information 7 - Rumor 1
