Cummins Inc. $CMI Shares Sold by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA reduced its stake in Cummins Inc. by 10.3% in the fourth quarter, selling 2,353 shares and now holding 20,599 shares valued at approximately $10.52 million. Despite recent insider selling and changes in institutional investor positions, Cummins reported a Q4 earnings beat and maintains a “Moderate Buy” consensus rating with an average price target of around $588.93, alongside paying a $2.00 quarterly dividend. The company, a global power technology leader, showed positive revenue growth in the last quarter and analysts forecast an EPS of 22.54 for the current year.

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