Stock events for Cummins, Inc. (CMI)
In the past six months, Cummins Inc. stock has increased by 26.61%. Cummins reported its quarterly earnings, with an EPS of $6.43, surpassing analysts' estimates, but revenue decreased by 1.7%. Insider selling has been reported. Analysts have adjusted their ratings and price targets for CMI.
Demand Seasonality affecting Cummins, Inc.’s stock price
The demand for Cummins Inc. products and services is influenced by cyclical trends in the freight markets and the broader economic environment. The company anticipates a decline in North America truck volumes. Data center demand is a significant driver of growth. Global supply chains and industrial demand are also vulnerable to geopolitical and trade policy shifts.
Overview of Cummins, Inc.’s business
Cummins Inc. is a global power technology leader specializing in the design, manufacture, distribution, and service of power solutions, operating within the Industrials sector. Its product range includes diesel, natural gas, electric, and hybrid powertrains, along with related components. The company serves diverse markets including trucks, buses, recreational vehicles, construction, mining, marine, rail, oil and gas, defense, and agriculture.
CMI’s Geographic footprint
Cummins Inc. operates manufacturing plants and distribution networks in over 190 countries and territories, maintaining a substantial global presence.
CMI Corporate Image Assessment
Cummins Inc. is recognized as a global power leader with a long history of pioneering diesel engine technology. The company emphasizes its commitment to sustainability and corporate responsibility, contributing positively to its brand image. There is no specific information detailing negative events that have significantly impacted Cummins' brand reputation in the past year.
Ownership
Cummins Inc. has a significant institutional ownership base, with 2474 institutional owners and shareholders holding 131,878,589 shares. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Some institutional investors have increased their stake, while others have decreased their position.
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$437.71