Cummins (NYSE:CMI) VP Sells $399,409.56 in Stock

Cummins Inc. (NYSE:CMI) VP Earl Newsome sold 698 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $572.22, for a total value of $399,409.56. Following the completion of the transaction, the vice president directly owned 4,479 shares in the company, valued at $2,562,973.38. This trade represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Cummins Price Performance

CMI stock opened at $574.06 on Friday. The company has a market cap of $79.02 billion, a PE ratio of 29.33, a price-to-earnings-growth ratio of 1.38 and a beta of 1.24. The company has a current ratio of 1.73, a quick ratio of 1.13 and a debt-to-equity ratio of 0.48. The stock has a 50-day moving average price of $650.49 and a two-hundred day moving average price of $628.35. Cummins Inc. has a 12-month low of $389.52 and a 12-month high of $737.76.

Cummins (NYSE:CMI) last released its quarterly earnings data on Tuesday, August 4th. The company reported $6.73 EPS for the quarter, missing analysts’ consensus estimates of $7.21 by ($0.48). The firm had revenue of $9.46 billion during the quarter, compared to analysts’ expectations of $9.33 billion. Cummins had a return on equity of 25.29% and a net margin of 7.82%.The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter last year, the business earned $6.43 earnings per share. As a group, research analysts predict that Cummins Inc. will post 30.06 EPS for the current year.

Cummins Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 21st will be issued a $2.20 dividend. The ex-dividend date is Friday, August 21st. This is a positive change from Cummins’s previous quarterly dividend of $2.00. This represents a $8.80 annualized dividend and a yield of 1.5%. Cummins’s payout ratio is 44.97%.

Cummins News Summary

Here are the key news stories impacting Cummins this week:

• Positive Sentiment: Large battery-storage win expands the AI opportunity. Cummins reportedly secured its largest battery energy-storage-system order for a major U.S. data center. The deal supports the company’s strategy of supplying reliable power for rapidly growing data-center electricity demand and could strengthen the bull case for its Power Systems business. Cummins (CMI) Lands Its Biggest Battery Storage Deal For A Major US Data Center
• Positive Sentiment: AI data-center exposure is becoming a larger growth narrative. A separate analysis argues that Cummins’ battery-storage win may reshape the investment thesis by positioning the company as an infrastructure supplier to AI campuses, rather than solely as a traditional engine manufacturer. Does Cummins’ Landmark AI Data Center BESS Win Reshape The Bull Case For Cummins (CMI)?
• Positive Sentiment: Jefferies maintained its Buy rating. Continued bullish support from Jefferies provides a favorable signal, although the article does not indicate whether the firm changed its price target. Jefferies Sticks to Its Buy Rating for Cummins (CMI)
• Neutral Sentiment: Analysts made mixed EPS revisions. Zacks Research raised estimates for fourth-quarter 2026 EPS to $8.49 from $7.31 and lifted full-year 2026 EPS to $30.09 from $29.28. However, it reduced estimates for second-quarter 2027 EPS to $8.27 from $8.62 and first-quarter 2028 EPS to $8.38 from $9.07. Zacks retained a Hold rating.
• Neutral Sentiment: Finance leadership was reorganized. Cummins appointed Hopkins to a new finance role. The move may improve financial oversight, but no immediate earnings or strategic impact was reported. Cummins Appoints Hopkins to New Finance Role
• Negative Sentiment: An executive stock sale adds a modest overhang. Vice President Earl Newsome sold 698 shares worth approximately $399,410, reducing his direct holdings by 13.48%. A single insider sale is not necessarily a signal about fundamentals, but it can weigh on sentiment.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CMI. Truist Financial Corp grew its stake in shares of Cummins by 4.8% during the fourth quarter. Truist Financial Corp now owns 64,005 shares of the company’s stock valued at $32,671,000 after acquiring an additional 2,951 shares in the last quarter. Kepler Cheuvreux Suisse SA acquired a new position in shares of Cummins in the fourth quarter worth about $7,869,000. Westfield Capital Management Co. LP purchased a new position in Cummins in the fourth quarter valued at about $7,797,000. Comprehensive Financial Consultants Institutional Inc. boosted its holdings in Cummins by 643.0% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 7,311 shares of the company’s stock valued at $3,732,000 after purchasing an additional 6,327 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its stake in Cummins by 26.9% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 113,648 shares of the company’s stock valued at $58,012,000 after purchasing an additional 24,080 shares in the last quarter. 83.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CMI shares. Robert W. Baird set a $700.00 price objective on shares of Cummins in a research report on Wednesday, May 6th. Morgan Stanley upped their price target on shares of Cummins from $752.00 to $761.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Wells Fargo & Company increased their price target on Cummins from $794.00 to $874.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. Sanford C. Bernstein reissued a “market perform” rating and issued a $700.00 price objective on shares of Cummins in a research report on Wednesday, August 5th. Finally, CICC Research started coverage on Cummins in a research note on Sunday. They set an “outperform” rating on the stock. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $745.64.

Cummins Company Profile

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.