With 87% ownership, Cummins Inc. (NYSE:CMI) boasts of strong institutional backing

By Yahoo! Finance | Nov 3, 2024 at 08:00 AM EST

Institutional investors own 87% of Cummins Inc., indicating their significant influence on the company's future. Their confidence in the stock reflects positive prospects, but collective actions can impact share prices. Analysts' and institutional sentiments play a crucial role in shaping market trends.

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