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HighRoad Wealth Advisors LLC Takes Position in Cummins Inc. $CMI
HighRoad Wealth Advisors LLC has acquired a new stake of 1,650 shares in Cummins Inc. (NYSE:CMI) during the fourth quarter, valued at approximately $842,000, making it their 14th largest position. Despite insider selling activity totaling over $18 million in the past 90 days, institutional investors now own 83.46% of the stock. Cummins reported strong Q4 earnings, surpassing analyst expectations with EPS of $5.81 and revenue of $8.54 billion, and recently declared a quarterly dividend of $2.00 per share with an annualized yield of 1.3%.