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Cummins Shares Rise as Amundi and CalSTRS Increase Stakes

Cummins logoCummins
Sig1.85Sen+0.75Env0.00Soc0.00Gov0.00
Amundi logoAmundi
Sig1.05Sen+1.25Env0.00Soc0.00Gov0.00

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.

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