Allison Transmission Partners With Cummins To Test New X15N Natural Gas Engine Paired With Allison 4000 Series Transmission; Sandman Fleet Reports Significant Fuel Efficiency And Performance Improvements After 50,000 Miles Of Testing

7/24/24 8:36:59 AM ET

$ALSN

$CMI

Auto Parts:O.E.M.

Consumer Discretionary

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Allison Transmission Partners With Cummins To Test New X15N Natural Gas Engine Paired With Allison 4000 Series Transmission; Sandman Fleet Reports Significant Fuel Efficiency And Performance Improvements After 50,000 Miles Of Testing

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Recent Analyst Ratings for
$ALSN
$CMI

Company	Date	Price Target	Rating	Analyst
Cummins Inc. $CMI	11/13/2024	$294.00 → $408.00	In-line → Outperform	Evercore ISI
Cummins Inc. $CMI	11/6/2024	$350.00	Buy → Hold	Vertical Research
Cummins Inc. $CMI	6/28/2024		Mkt Perform	Raymond James
Allison Transmission Holdings Inc. $ALSN	6/28/2024	$85.00	Outperform	Raymond James
Cummins Inc. $CMI	6/26/2024	$320.00	Buy	Citigroup
Allison Transmission Holdings Inc. $ALSN	6/26/2024	$80.00	Neutral	Citigroup
Cummins Inc. $CMI	5/10/2024	$272.00 → $292.00	Buy	TD Cowen
Cummins Inc. $CMI	3/15/2024		Neutral → Buy	UBS

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Cummins Celebrates Reopening Its Worldwide Technical Center Hub Office Tower in Columbus, Indiana
Cummins Inc. (NYSE:CMI) celebrated the reopening today of its worldwide technical center hub office tower in Columbus, Indiana. The office tower at the Cummins Technical Center (CTC) on McKinley Avenue had been under renovation since 2021. After having been mainly untouched, except for minor cosmetic improvements and flood restoration, since its original opening in 1968, the CTC office tower now has a newly renovated interior – allowing for enhanced collaboration and innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106834311/en/Cummins leaders and elected officials celebrate the reopening of the Cummins Technical Cen
11/6/24 4:23:00 PM ET
$CMI
Industrial Machinery/Components
Industrials
Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS, Nov. 6, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.25 per share on the Company's common stock for the third quarter of 2024. Payment will be made on November 27, 2024, to stockholders of record at the close of business on November 18, 2024. The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison Transmission's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors. About Allison TransmissionAllison Transmission (NY
11/6/24 4:05:00 PM ET
$ALSN
Auto Parts:O.E.M.
Consumer Discretionary
Cummins Reports Strong Third Quarter 2024 Results
Third quarter revenues of $8.5 billion; GAAP1 Net Income of $809 million, or 9.6% of sales EBITDA in the third quarter was 16.4% of sales; Diluted EPS of $5.86 The company is maintaining its full year 2024 revenue guidance of down 3% to flat. EBITDA is now expected to be approximately 15.5% compared to previous guidance of 15.0% to 15.5%. Cummins Inc. (NYSE:CMI) today reported results for the third quarter of 2024. "We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range," said Jennifer Rumsey, Chair
11/5/24 7:30:00 AM ET
$CMI
Industrial Machinery/Components
Industrials

$ALSN
$CMI
Leadership Updates

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Radwell Announces Appointment of Chris Snodgrass as Chief Executive Officer
Radwell International ("Radwell," or "the Company"), a leading global industrial operations, automation, and electronics solutions provider, today announced the appointment of Chris Snodgrass as Chief Executive Officer. He will become a member of the company's Board of Directors, effective August 5, 2024. Mr. Snodgrass is a proven global executive with extensive operational and management experience across diverse industrial sectors. Most recently, he served as Senior Vice President of the Building Construction Products division (BCP) and an officer at Caterpillar, Inc. (NYSE:CAT). Prior to BCP, Mr. Snodgrass was Senior Vice President for the Product Support & Logistics division (PSLD), w
7/29/24 9:45:00 AM ET
$CAT
$CMI
Construction/Ag Equipment/Trucks
Industrials
Industrial Machinery/Components
Chemours Names Tony Satterthwaite to Board of Directors
The Chemours Company ("Chemours") (NYSE:CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Livingston "Tony" Satterthwaite to its Board of Directors, effective June 12. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240613653963/en/Tony Satterthwaite named to Chemours' Board of Directors (Photo: Business Wire) "I'm pleased to welcome Tony as the newest member of Chemours' Board of Directors," said Dawn Farrell, Chair of the Board of Chemours. "Tony brings extensive leadership and board expe
6/13/24 4:30:00 PM ET
$CC
$CMI
$IEX
Major Chemicals
Industrials
Industrial Machinery/Components
Fluid Controls
Allison Transmission Announces G. Frederick Bohley as New Chief Operating Officer
INDIANAPOLIS, June 4, 2024 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), a global leader in commercial-duty automatic transmissions, electric and hybrid propulsion solutions, is pleased to announce the appointment of G. Frederick (Fred) Bohley III as the new Chief Operating Officer (COO), effective immediately. This appointment was approved by Allison's Board of Directors. Fred Bohley, who has been with Allison Transmission since 1991, will continue to hold his current roles as Chief Financial Officer (CFO) and Treasurer while taking on his new responsibili
6/4/24 4:05:00 PM ET
$ALSN
Auto Parts:O.E.M.
Consumer Discretionary

$ALSN
$CMI
Financials

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Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS, Nov. 6, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.25 per share on the Company's common stock for the third quarter of 2024. Payment will be made on November 27, 2024, to stockholders of record at the close of business on November 18, 2024. The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison Transmission's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors. About Allison TransmissionAllison Transmission (NY
11/6/24 4:05:00 PM ET
$ALSN
Auto Parts:O.E.M.
Consumer Discretionary
Cummins Reports Strong Third Quarter 2024 Results
Third quarter revenues of $8.5 billion; GAAP1 Net Income of $809 million, or 9.6% of sales EBITDA in the third quarter was 16.4% of sales; Diluted EPS of $5.86 The company is maintaining its full year 2024 revenue guidance of down 3% to flat. EBITDA is now expected to be approximately 15.5% compared to previous guidance of 15.0% to 15.5%. Cummins Inc. (NYSE:CMI) today reported results for the third quarter of 2024. "We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range," said Jennifer Rumsey, Chair
11/5/24 7:30:00 AM ET
$CMI
Industrial Machinery/Components
Industrials
Allison Transmission Announces Third Quarter 2024 Results
Record quarterly net sales of $824 million, up 12% year over yearNet Income of $200 million, up 27% year over yearDiluted EPS of $2.27, a quarterly record, up 29% year over year Increasing full year 2024 revenue, earnings and cash flow guidance INDIANAPOLIS, Oct. 29, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE:ALSN), today reported third quarter net sales of $824 million, a quarterly record driven by continued strength in our North America On-Highway, Defense and Outside North America On-Highway end markets. David S. Graziosi, Chair and Chief Executive Officer of Allison Transmission commented, "Demonstrated through our third quarter 2024 results, unprecedented demand for
10/29/24 4:05:00 PM ET
$ALSN
Auto Parts:O.E.M.
Consumer Discretionary

Allison Transmission Partners With Cummins To Test New X15N Natural Gas Engine Paired With Allison 4000 Series Transmission; Sandman Fleet Reports Significant Fuel Efficiency And Performance Improvements After 50,000 Miles Of Testing

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Recent Analyst Ratings for $ALSN$CMI

$ALSN$CMI Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Cummins Inc.

Amendment: SEC Form SC 13G/A filed by Allison Transmission Holdings Inc.

SEC Form SC 13G filed by Cummins Inc.

$ALSN$CMI SEC Filings

SEC Form 10-Q filed by Cummins Inc.

Cummins Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Allison Transmission Holdings Inc.

$ALSN$CMI Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Wiltrout Jeffrey T bought $80,401 worth of Common (282 units at $285.11), increasing direct ownership by 29% to 1,262 units (SEC Form 4)

Boakye Marvin bought $499,133 worth of Common (1,745 units at $286.04) (SEC Form 4)

Fisher Daniel William bought $149,810 worth of Common (562 units at $266.57), increasing direct ownership by 111% to 1,068 units (SEC Form 4)

$ALSN$CMI Insider Trading

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$ALSN$CMI Press Releases

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$ALSN$CMI Analyst Ratings

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SVP, Global MSS Coll John sold $235,454 worth of shares (2,000 units at $117.73), decreasing direct ownership by 19% to 8,420 units (SEC Form 4)

EVP and President, Operations Padmanabhan Srikanth covered exercise/tax liability with 6,570 units of Common and exercised 9,560 units of Common at a strike of $160.10, increasing direct ownership by 10% to 33,111 units (SEC Form 4)

VP - Chief Administrative Off. Barner Sharon R exercised 2,163 units of Common at a strike of $163.43 and sold $784,071 worth of Common (2,163 units at $362.49) (SEC Form 4)

Cummins Celebrates Reopening Its Worldwide Technical Center Hub Office Tower in Columbus, Indiana

Allison Transmission Declares Quarterly Dividend

Cummins Reports Strong Third Quarter 2024 Results

Cummins upgraded by Evercore ISI with a new price target

Cummins downgraded by Vertical Research with a new price target

Raymond James initiated coverage on Cummins

$ALSN$CMI Leadership Updates

Live Leadership Updates

Radwell Announces Appointment of Chris Snodgrass as Chief Executive Officer

Chemours Names Tony Satterthwaite to Board of Directors

Allison Transmission Announces G. Frederick Bohley as New Chief Operating Officer

$ALSN$CMI Financials

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Allison Transmission Declares Quarterly Dividend

Cummins Reports Strong Third Quarter 2024 Results

Allison Transmission Announces Third Quarter 2024 Results

$ALSN$CMI Market Insights

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Allison Transmission Partners With Cummins To Test New X15N Natural Gas Engine Paired With Allison 4000 Series Transmission; Sandman Fleet Reports Significant Fuel Efficiency And Performance Improvements After 50,000 Miles Of Testing

Allison And Lingong Heavy Machinery Co. Ltd., A Chinese Mining Equipment Manufacturer, Form Strategic Partnership To Expand Global Mining Presence

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Large Ownership Changes

$ALSN
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$ALSN
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Insider Purchases

$ALSN
$CMI
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$ALSN
$CMI
Press Releases

$ALSN
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