Pictet Asset Management Holding SA Boosts Position in Cummins Inc. $CMI
Pictet Asset Management Holding SA significantly increased its stake in Cummins Inc. during the first quarter by 11.9%, now holding 112,055 shares valued at over $60 million. Wall Street analysts maintain a "Moderate Buy" consensus rating for CMI, with an average target price of $731.86. Cummins recently exceeded earnings expectations, reporting a strong EPS of $6.15 and revenue of $8.40 billion, and also paid a quarterly dividend of $2.00 per share.
https://www.marketbeat.com/instant-alerts/filing-pictet-asset-management-holding-sa-boosts-position-in-cummins-inc-cmi-2026-06-30/