Virtus Investment Advisers and
Neuberger Berman Group have amplified their stakes in
Cummins Inc. ($CMI).
Argus Research maintains a
buy recommendation and raises
price target for CMI. Meanwhile, CMI's
third-quarter results have been strong despite non-cash charges regarding their
electrolyzer business. There's significant
analyst optimism marking it a strong
value stock, with several institutions and personalities,
J.W. Cole Advisors,
Harfst & Associates,
Cozad Asset Management, and
Rep. Lisa C. McClain among those moving their holdings. A notable 43% surge in CMI's value comes after news of its
alternative power partnership. Improved
capital allocation priorities are inferred from CMI's pause in buybacks. CMI has reported robust sales in Q3, exceeding predictions, and the stock has soared consequently. Continued institutional support strongly reflects in CMI's performance, with
American Century Companies and Vanguard Group acquiring significant shares, while the
EPA's review of emission standards puts a spotlight on its valuation. Despite anticipating a decline in truck demand, CMI thrives with strategic shifts and a notable increase in dividend. The
retirement of Sharon Barner, Chief Administrative Officer, is a recent update from the company.
Cummins CMI News Analytics from Tue, 04 Feb 2025 08:00:00 GMT to Sat, 29 Nov 2025 14:25:27 GMT -
Rating 8
- Innovation 6
- Rumor -5
