CUMMINS INC
No SEC Form 4 filings for $CMI in the last 30 days.
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Evercore ISI raised its Cummins (CMI) price target to $845 from $694 and kept an Outperform rating, citing Cummins’ Q1 results and improving demand. Truist lifted its target to $815 from $730 and reiterated Buy. Cummins reported Q1 EPS of $4.71 on revenue of $8.4B, up 3% year over year, supported by global power generation and data center-related activity.
ABN Amro Investment Solutions has acquired a new stake in Cummins Inc. (NYSE:CMI), purchasing 5,580 shares valued at approximately $2.85 million. This investment comes alongside other institutional investors increasing their holdings, and positive analyst sentiment, with Zacks Research maintaining a Strong Buy rating and raising earnings forecasts for Cummins. The company also announced a quarterly dividend of $2.00 per share, payable on June 4th.
