Hamlin Capital Management LLC Lowers Holdings in Cummins Inc. $CMI

robot
Abstract generation in progress

Hamlin Capital Management LLC reduced its stake in Cummins Inc. by 3.5% in the third quarter, selling 19,061 shares, though Cummins remains its fourth-largest holding valued at $220.97 million. Meanwhile, institutional ownership in Cummins stands high at 83.46%, with other major firms like Vanguard Group Inc. and State Street Corp. increasing their holdings. Analysts maintain a “Moderate Buy” rating for Cummins, with a consensus price target of $588.93, following strong Q4 earnings that surpassed estimates.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments