Global Retirement Partners LLC Has $3.13 Million Stake in Cummins Inc. $CMI

Global Retirement Partners LLC lifted its position in shares of Cummins Inc. (NYSE:CMI) by 18.1% during the 4th quarter, HoldingsChannel reports. The fund owned 6,132 shares of the company’s stock after purchasing an additional 938 shares during the period. Global Retirement Partners LLC’s holdings in Cummins were worth $3,130,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Frank Rimerman Advisors LLC boosted its holdings in shares of Cummins by 0.5% during the 4th quarter. Frank Rimerman Advisors LLC now owns 3,738 shares of the company’s stock valued at $1,908,000 after acquiring an additional 18 shares in the last quarter. Financial Consulate Inc. boosted its holdings in shares of Cummins by 16.8% during the 4th quarter. Financial Consulate Inc. now owns 125 shares of the company’s stock valued at $64,000 after acquiring an additional 18 shares in the last quarter. Gilbert & Cook Inc. boosted its holdings in shares of Cummins by 1.0% during the 4th quarter. Gilbert & Cook Inc. now owns 1,856 shares of the company’s stock valued at $947,000 after acquiring an additional 19 shares in the last quarter. Sound View Wealth Advisors Group LLC boosted its holdings in shares of Cummins by 2.1% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 981 shares of the company’s stock valued at $501,000 after acquiring an additional 20 shares in the last quarter. Finally, Red Door Wealth Management LLC boosted its holdings in shares of Cummins by 2.3% during the 4th quarter. Red Door Wealth Management LLC now owns 878 shares of the company’s stock valued at $448,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 83.46% of the company’s stock.

More Cummins News

Here are the key news stories impacting Cummins this week:

• Positive Sentiment: Zacks Research raised multiple earnings forecasts for Cummins, including FY2026 to $29.28 per share, FY2027 to $31.73, and FY2028 to $35.32, while maintaining a Strong-Buy rating. Cummins stock page
• Positive Sentiment: The analyst also lifted near-term quarterly estimates across 2026 and 2027, suggesting expectations for sustained earnings momentum rather than a one-quarter boost. Cummins stock page
• Positive Sentiment: At its investor day, Cummins said it is raising its 2030 financial targets and announced large-engine capacity and product investments, signaling confidence in future growth and profitability. Business Wire article
• Positive Sentiment: Coverage of the investor event also highlighted how Cummins is positioning itself for opportunities tied to the AI boom, which may have helped sentiment around the stock. Barron’s article

Insider Activity

In other news, VP Marvin Boakye sold 3,481 shares of Cummins stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $679.90, for a total value of $2,366,731.90. Following the completion of the transaction, the vice president directly owned 8,508 shares of the company’s stock, valued at approximately $5,784,589.20. This trade represents a 29.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Jennifer Mary Bush sold 5,000 shares of Cummins stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $696.21, for a total value of $3,481,050.00. Following the completion of the transaction, the vice president directly owned 11,986 shares of the company’s stock, valued at approximately $8,344,773.06. This trade represents a 29.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 22,397 shares of company stock worth $14,465,833. 0.30% of the stock is owned by corporate insiders.

Cummins Stock Up 0.3%

Shares of CMI opened at $640.41 on Friday. The company has a market capitalization of $88.37 billion, a PE ratio of 33.23, a PEG ratio of 1.58 and a beta of 1.27. Cummins Inc. has a 12 month low of $307.90 and a 12 month high of $718.08. The stock’s 50-day moving average price is $612.02 and its two-hundred day moving average price is $562.53. The company has a current ratio of 1.71, a quick ratio of 1.11 and a debt-to-equity ratio of 0.50.

Cummins (NYSE:CMI) last announced its earnings results on Tuesday, May 5th. The company reported $6.15 EPS for the quarter, topping the consensus estimate of $5.63 by $0.52. The firm had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.37 billion. Cummins had a return on equity of 25.25% and a net margin of 7.89%.The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $5.96 EPS. On average, analysts anticipate that Cummins Inc. will post 28.93 EPS for the current year.

Cummins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Friday, May 22nd will be issued a dividend of $2.00 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $8.00 annualized dividend and a yield of 1.2%. Cummins’s payout ratio is presently 41.52%.

Analysts Set New Price Targets

CMI has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price objective on Cummins from $600.00 to $725.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Truist Financial set a $815.00 price objective on Cummins in a report on Wednesday, May 6th. Wells Fargo & Company raised their price objective on Cummins from $693.00 to $794.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Raymond James Financial raised their price objective on Cummins from $585.00 to $675.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Finally, UBS Group set a $565.00 price objective on Cummins and gave the company a “neutral” rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $677.87.

About Cummins

Cummins Inc (NYSE: CMI) is a global power technology company that designs, manufactures, distributes and services a broad portfolio of diesel and natural gas engines, electrified powertrains, power generation systems and related components. Founded in 1919 and headquartered in Columbus, Indiana, Cummins has grown into one of the world’s leading suppliers of internal combustion engines and a provider of technologies that reduce emissions and improve fuel efficiency.

The company’s product lineup includes heavy-, medium- and light-duty engines for on-highway and off-highway applications, generator sets and power systems for commercial and industrial use, and key engine components such as turbochargers, fuel systems, air handling, filtration and aftertreatment solutions.