China International Capital Corporation (CICC) initiated coverage of Cummins Inc. (CMI) with an Outperform rating. The investment bank set a price target of $781 for the stock.
Institutional investors increased their positions in the company during the second quarter. Reports from August 24, 2026, indicate that Quantbot Technologies LP and TCM Advisors LLC acquired new shares. Meiji Yasuda Asset Management Co Ltd. also established a new position in the firm.