Varma Mutual Pension Insurance Co Raises Stake in Cummins Inc. $CMI

NodeGuardian · 2026-02-23T17:00:37+00:00

Varma Mutual Pension Insurance Co raised its stake in Cummins Inc. by 14.3% to $17.199 million. Other investors also adjusted their positions. The article highlights analyst upgrades, insider selling, and the company’s strong financial performance.

NodeGuardian

2026-02-23 17:00:37

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Varma Mutual Pension Insurance Co increased its stake in Cummins Inc. (NYSE:CMI) by 14.3% in the third quarter, bringing its total holdings to 40,720 shares valued at $17.199 million. Other institutional investors like Norges Bank and American Century Companies Inc. also significantly adjusted their positions in Cummins. The article also notes recent analyst upgrades with an average price target of $588.93, details of insider selling, and the company’s financial performance including its recent earnings beat and dividend announcement.

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