Representative Lisa C. McClain (R-Michigan) recently bought shares of Cummins Inc. (NYSE:CMI). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Cummins stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
Cummins Stock Performance
Shares of CMI stock traded up $2.83 during trading on Tuesday, hitting $488.45. The company’s stock had a trading volume of 221,020 shares, compared to its average volume of 888,223. The business has a fifty day moving average of $436.12 and a 200-day moving average of $383.27. The company has a market cap of $67.42 billion, a PE ratio of 22.98, a P/E/G ratio of 2.05 and a beta of 1.07. Cummins Inc. has a 52 week low of $260.02 and a 52 week high of $491.29. The company has a current ratio of 1.64, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53.
Cummins Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Friday, November 21st will be paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, November 21st. Cummins’s payout ratio is presently 41.52%.
Insider Buying and Selling at Cummins
In other news, CEO Jennifer Rumsey sold 4,570 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $473.89, for a total value of $2,165,677.30. Following the transaction, the chief executive officer owned 42,880 shares in the company, valued at $20,320,403.20. This represents a 9.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Mark Andrew Smith sold 13,110 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $470.66, for a total transaction of $6,170,352.60. Following the sale, the chief financial officer directly owned 31,582 shares of the company’s stock, valued at approximately $14,864,384.12. This represents a 29.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 34,960 shares of company stock valued at $15,715,060 in the last ninety days. 0.41% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of research firms have issued reports on CMI. Barclays raised their target price on Cummins from $430.00 to $515.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 11th. Melius raised shares of Cummins from a “hold” rating to a “buy” rating and set a $500.00 price objective on the stock in a report on Wednesday, September 3rd. Truist Financial set a $628.00 target price on shares of Cummins and gave the stock a “buy” rating in a research note on Monday. Wolfe Research upgraded shares of Cummins from a “hold” rating to an “outperform” rating in a research note on Monday, August 11th. Finally, Wall Street Zen upgraded Cummins from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Eleven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $476.75.
Check Out Our Latest Stock Analysis on CMI
Institutional Trading of Cummins
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flagship Wealth Advisors LLC purchased a new position in shares of Cummins during the third quarter valued at about $28,000. Accredited Wealth Management LLC bought a new stake in shares of Cummins in the 1st quarter worth $31,000. Osterweis Capital Management Inc. bought a new stake in Cummins in the 2nd quarter worth about $31,000. Guerra Advisors Inc purchased a new position in shares of Cummins during the third quarter valued at approximately $36,000. Finally, Salomon & Ludwin LLC raised its stake in Cummins by 1,333.3% during the 3rd quarter. Salomon & Ludwin LLC now owns 86 shares of the company’s stock valued at $37,000 after buying an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 83.46% of the company’s stock.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
About Cummins
Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.
See Also
- Five stocks we like better than Cummins
- How to Find Undervalued Stocks
- 3 Reasons Baidu Could Be the Dark Horse of Global AI
- Why is the Ex-Dividend Date Significant to Investors?
- Betting on the Backbone: 3 AI Infrastructure Stocks
- What Are Dividend Contenders? Investing in Dividend Contenders
- Are These 3 Under-the-Radar AI Stocks the Next Big Growth Stories?
Receive News & Ratings for Cummins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cummins and related companies with MarketBeat.com's FREE daily email newsletter.
