Tidal Investments LLC Buys 7,480 Shares of Cummins Inc. $CMI
MarketBeat
Tidal Investments LLC increased its stake in Cummins Inc. (NYSE:CMI) by 35.9% in the second quarter, purchasing an additional 7,480 shares to bring its total holdings to 28,312 shares valued at $20.2 million. Despite missing analysts' EPS estimates for the quarter, Cummins reported a 9.4% year-over-year revenue increase and raised its quarterly dividend to $2.20 per share. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $764.54.
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