Stratos Wealth Partners LTD. significantly increased its stake in Cummins Inc. by 97.2% in the third quarter, purchasing an additional 1,939 shares, bringing its total holdings to $1.66 million. The article details other institutional investments, recent positive and negative news impacting Cummins, its financial performance, dividend announcement, and analyst ratings. Insider selling by Director William I. Miller, despite analyst “Moderate Buy” recommendations, and potential shareholder activism are noted as short-term concerns.
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Stratos Wealth Partners LTD. Purchases 1,939 Shares of Cummins Inc. $CMI
Stratos Wealth Partners LTD. significantly increased its stake in Cummins Inc. by 97.2% in the third quarter, purchasing an additional 1,939 shares, bringing its total holdings to $1.66 million. The article details other institutional investments, recent positive and negative news impacting Cummins, its financial performance, dividend announcement, and analyst ratings. Insider selling by Director William I. Miller, despite analyst “Moderate Buy” recommendations, and potential shareholder activism are noted as short-term concerns.