US Bancorp DE has decreased its stock holdings in
Cummins Inc. (CMI). However, various other entities such as
Conning Inc., Mengis Capital Management Inc., Stiles Financial Services Inc., and
Columbus Macro LLC have increased their holdings in the company. This indicates divergent investment strategies by different parties.
Cummins has also seen a positive shift in market perception with an upgrade to 'Strong Buy'. The company reported its Q1 2025 results and announced an increased quarterly common stock dividend. The potential for natural gas transmission integration signals
Cummins' possible long-term role in sustainable trucking. They have also seen a significant increase in their price target by
Truist Securities due to their potential in the area of electrification and hydrogen strategy. A partnership with
Komatsu for mining equipment hybrid powertrains indicates a significant strategic move. Analysts suggest that
Cummins stands to benefit from their ongoing AI build-out while also reaching an all-time high in their share price.
Cummins CMI News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Sat, 11 Oct 2025 11:43:26 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 5