William Miller Sells 18,107 Shares of Cummins (NYSE:CMI) Stock

Cummins Inc. (NYSE:CMI) Director William Miller sold 18,107 shares of Cummins stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $597.10, for a total value of $10,811,689.70. Following the completion of the transaction, the director owned 34,243 shares in the company, valued at $20,446,495.30. This represents a 34.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Cummins Trading Up 2.0%

Shares of NYSE CMI opened at $600.30 on Friday. Cummins Inc. has a 1-year low of $260.02 and a 1-year high of $617.98. The business has a fifty day moving average price of $549.99 and a 200 day moving average price of $469.98. The stock has a market capitalization of $82.94 billion, a P/E ratio of 29.25, a price-to-earnings-growth ratio of 1.90 and a beta of 1.13. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.76 and a quick ratio of 1.16.

Cummins (NYSE:CMI) last announced its earnings results on Thursday, February 5th. The company reported $5.81 EPS for the quarter, topping analysts’ consensus estimates of $5.17 by $0.64. The business had revenue of $8.54 billion during the quarter, compared to the consensus estimate of $8.09 billion. Cummins had a net margin of 8.44% and a return on equity of 25.71%. The firm’s revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the company posted $5.16 earnings per share. Equities research analysts expect that Cummins Inc. will post 22.54 EPS for the current fiscal year.

Cummins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Friday, February 20th will be given a dividend of $2.00 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $8.00 dividend on an annualized basis and a yield of 1.3%. Cummins’s dividend payout ratio is presently 38.99%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CMI shares. Sanford C. Bernstein set a $600.00 price objective on Cummins and gave the stock a “market perform” rating in a research report on Friday, February 6th. Zacks Research downgraded Cummins from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Argus set a $696.00 price objective on shares of Cummins in a report on Tuesday. Raymond James Financial increased their price objective on shares of Cummins from $585.00 to $675.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Finally, Robert W. Baird set a $580.00 target price on shares of Cummins in a research report on Friday, February 6th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $588.93.

Key Cummins News

Here are the key news stories impacting Cummins this week:

• Positive Sentiment: Zacks and MSN pieces highlight Cummins as a long‑term growth name—citing durable aftermarket, electrification and service revenue tailwinds that support higher earnings visibility. Why Cummins (CMI) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Zacks also profiles CMI as a strong momentum stock—technical strength and recent earnings upside are cited as reasons momentum investors favor the name. Here’s Why Cummins (CMI) is a Strong Momentum Stock
• Positive Sentiment: MSN feature articles present Cummins as both a top growth and top value pick for long‑term investors, reinforcing buyside interest across styles. MSN Growth Article MSN Value Article
• Positive Sentiment: Brokerage coverage aggregate is favorable—Cummins carries an average recommendation of “Moderate Buy,” which supports demand from institutional investors. Average Recommendation: Moderate Buy
• Neutral Sentiment: An earnings‑call recap (top 5 analyst questions) provides detail on management’s outlook and execution priorities; useful for gauging forward guidance but not an immediate catalyst. Earnings Call Q&A
• Negative Sentiment: Director William I. Miller sold ~18,107 shares (~34.6% reduction in his position) at ~$597 each—insider selling can be read negatively by some investors even though it may be routine. SEC Filing: Insider Sale
• Negative Sentiment: Halper Sadeh LLC has issued an outreach encouraging shareholders to contact them—suggests potential shareholder litigation or activism, which could be a distraction or cost overhang. Halper Sadeh Notice
• Negative Sentiment: TipRanks notes heightened risk from trade tensions (tariffs, sanctions, supply‑chain disruption) that could pressure margins and global sales—an important macro risk to monitor. TipRanks: Trade Tensions

Institutional Investors Weigh In On Cummins

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Cummins by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 17,746,775 shares of the company’s stock valued at $9,058,841,000 after acquiring an additional 98,544 shares during the period. State Street Corp raised its holdings in shares of Cummins by 1.4% during the second quarter. State Street Corp now owns 6,539,191 shares of the company’s stock worth $2,141,585,000 after purchasing an additional 92,073 shares during the last quarter. Geode Capital Management LLC lifted its position in Cummins by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 3,584,466 shares of the company’s stock valued at $1,822,534,000 after purchasing an additional 35,286 shares during the period. Fisher Asset Management LLC lifted its position in Cummins by 1.3% during the fourth quarter. Fisher Asset Management LLC now owns 3,410,723 shares of the company’s stock valued at $1,741,004,000 after purchasing an additional 43,722 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in Cummins by 10,317.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,458,475 shares of the company’s stock worth $1,254,929,000 after purchasing an additional 2,434,876 shares during the period. Hedge funds and other institutional investors own 83.46% of the company’s stock.

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.