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KLP Kapitalforvaltning AS Has $56.92 Million Stock Holdings in Cummins Inc. $CMI
KLP Kapitalforvaltning AS reduced its stake in Cummins Inc. (NYSE:CMI) by 5.2% in the fourth quarter, now holding 111,501 shares valued at approximately $56.92 million. Despite this, Wall Street analysts maintain a “Moderate Buy” consensus with an average target price of $600.27. Insider sales totaling $18.4 million were also reported, representing 0.30% of the company’s stock owned by insiders.