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Crossmark Global Holdings Inc. Grows Position in Cummins Inc. $CMI
Crossmark Global Holdings Inc. significantly increased its stake in Cummins Inc. by 39.3% in the fourth quarter, now holding 6,744 shares valued at approximately $3.44 million. This move is part of a broader trend, as 83.46% of Cummins stock is held by institutional investors, with several other firms also boosting their positions. The company recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, contributing to an overall “Moderate Buy” rating from analysts.