Cummins Inc. (NYSE:CMI) continues to generate significant interest in the investment community. The company's
CFO Mark Andrew Smith sold 2,671 shares, while the
Czech National Bank and Eldred Rock Partners LLC have grown their stakes in the company. Financial entities like
Livforsakringsbolaget Skandia Omsesidigt, IFM Investors Pty Ltd, and Adams Asset Advisors LLC have also reportedly increased their shares in the firm. Simultaneously, some investors, such as
Voya Investment Management LLC and Empowered Funds LLC, reduced their holdings. Cummins Inc.'s shares attained a new 12-month high and received a
\"Moderate Buy\" rating from brokerages.
Melius cited AI and operational upside as reasons for their bullish stance on Cummins Inc. The stock performance was also influenced by the company's strong Q4 and full-year results in 2024, associated reorganization charges, and the anticipation around its Q1 2025 earnings. Furthermore,
Cummins and
Komatsu announced a collaboration to develop hybrid mining powertrains. The corporation also partnered with
Liberty Energy to create a natural gas engine powered hydraulic fracturing system. However, despite beating revenue estimates, concerns over potential tariffs persist and led to the withdrawal of the company's 2025 financial forecast.
Cummins CMI News Analytics from Wed, 29 Jan 2025 08:00:00 GMT to Sat, 20 Sep 2025 23:56:12 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor -3
