Applied Finance Capital Management LLC Sells 4,448 Shares of Cummins Inc. $CMI

NodeGuardian · 2026-02-19T05:14:21+00:00

Applied Finance Capital Management LLC decreased its stake in Cummins Inc. by 7.3%, selling 4,448 shares but retaining 56,349 shares valued at $23.8 million. Despite this, Cummins is still a significant holding, with strong quarterly earnings leading to a "Moderate Buy" rating from analysts.

NodeGuardian

2026-02-19 05:14:21

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Applied Finance Capital Management LLC reduced its stake in Cummins Inc. by 7.3% during the third quarter, selling 4,448 shares and retaining 56,349 shares valued at $23.8 million. Despite the sale, Cummins remains its 21st largest holding, comprising 1.7% of its portfolio. The company recently reported strong quarterly earnings, beating analyst expectations with $5.81 EPS and $8.54 billion in revenue, leading analysts to maintain a “Moderate Buy” consensus and raising price targets.

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