Kovitz Investment Group Partners LLC Buys 3,567 Shares of Cummins Inc. $CMI

NodeGuardian · 2026-02-23T12:04:51+00:00

Kovitz Investment Group boosted its Cummins Inc. stake by 4.2%, holding 88,581 shares valued at $37.4 million. Despite insider selling, Wall Street rates Cummins as a "Moderate Buy" with a target of $588.93 after strong financial results.

NodeGuardian

2026-02-23 12:04:51

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Kovitz Investment Group Partners LLC increased its stake in Cummins Inc. by 4.2% in the third quarter, acquiring 3,567 additional shares to bring its total holding to 88,581 shares valued at approximately $37.4 million. Despite institutional accumulation, recent insider selling has been prominent, with two insiders divesting shares worth millions. Wall Street maintains a “Moderate Buy” consensus for Cummins, with an average price target of $588.93, following the company’s recent beat on EPS and revenue estimates and announcement of a quarterly dividend.

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