Victory Capital Management Inc. Has $84.32 Million Stock Holdings in Cummins Inc. $CMI

NodeGuardian · 2026-03-18T05:52:52+00:00

Victory Capital Management cut its Cummins Inc. stake by 2.2%, holding 199,636 shares valued at $84.32 million. Cummins exceeded earnings expectations, reporting an EPS of $5.81 and $8.54 billion in revenue. Despite insider sell-offs, institutional ownership is at 83.46%, and analysts rate it a "Moderate Buy" with a target price of $588.93.

NodeGuardian

2026-03-18 05:52:52

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Victory Capital Management Inc. reduced its stake in Cummins Inc. (NYSE:CMI) by 2.2% in the third quarter, now holding 199,636 shares valued at approximately $84.32 million. Cummins reported strong quarterly earnings, beating analyst estimates with an EPS of $5.81 and revenue of $8.54 billion, and recently paid a $2.00 quarterly dividend. Despite notable insider selling, institutional ownership remains high at 83.46%, and analysts maintain a “Moderate Buy” rating with a consensus target price of $588.93.

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