Cummins Shares Rise as Amundi and CalSTRS Increase Stakes
Amundi increased its stake in Cummins to 0.65% worth about $637 million, and CalSTRS added shares to hold 148,240,699 shares valued at about $105.7 billion. Evercore reaffirmed an outperform view with a $845 price target and most analysts rated the stock Buy. Cummins reported $6.73 EPS, below the $7.21 consensus, and paid a $2.20 quarterly dividend.