Hilltop Holdings Inc. Decreases Stake in Cummins Inc. $CMI

Posted by George Bondi on Jul 27th, 2026

Hilltop Holdings Inc. reduced its position in Cummins Inc. (NYSE:CMI – Free Report) by 41.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,382 shares of the company’s stock after selling 972 shares during the period. Hilltop Holdings Inc.’s holdings in Cummins were worth $744,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Compound Planning Inc. raised its holdings in Cummins by 0.9% during the 1st quarter. Compound Planning Inc. now owns 3,188 shares of the company’s stock valued at $1,715,000 after acquiring an additional 28 shares during the period. Klingman & Associates LLC raised its stake in shares of Cummins by 2.2% during the 1st quarter. Klingman & Associates LLC now owns 1,154 shares of the company’s stock valued at $621,000 after purchasing an additional 25 shares during the period. Modern Wealth Management LLC boosted its stake in Cummins by 4.2% in the 1st quarter. Modern Wealth Management LLC now owns 2,601 shares of the company’s stock worth $1,431,000 after purchasing an additional 106 shares during the period. Keebeck Wealth Management grew its holdings in Cummins by 42.2% during the 1st quarter. Keebeck Wealth Management now owns 1,372 shares of the company’s stock valued at $738,000 after buying an additional 407 shares in the last quarter. Finally, Bank of Nova Scotia increased its position in shares of Cummins by 3.4% during the first quarter. Bank of Nova Scotia now owns 28,925 shares of the company’s stock valued at $15,562,000 after buying an additional 949 shares during the period. Institutional investors own 83.46% of the company’s stock.

Insider Buying and Selling at Cummins

In other Cummins news, VP Jennifer Mary Bush sold 5,000 shares of Cummins stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $696.21, for a total transaction of $3,481,050.00. Following 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Marvin Boakye sold 3,481 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $679.90, for a total transaction of $2,366,731.90. Following the completion of the sale, the vice president owned 8,508 shares of the company’s stock, valued at approximately $5,784,589.20. The trade was a 29.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 13,579 shares of company stock valued at $9,377,684. 0.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Cummins from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Barclays increased their target price on shares of Cummins from $610.00 to $760.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Morgan Stanley raised their price target on shares of Cummins from $752.00 to $761.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Zacks Research lowered shares of Cummins from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Raymond James Financial upped their price target on shares of Cummins from $675.00 to $745.00 and gave the stock an “outperform” rating in a report on Tuesday, May 26th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $740.07.

View Our Latest Analysis on Cummins

Cummins Trading Down 0.1%

NYSE CMI opened at $663.96 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.71 and a debt-to-equity ratio of 0.50. The stock’s 50-day simple moving average is $672.19 and its two-hundred day simple moving average is $619.89. Cummins Inc. has a twelve month low of $354.68 and a twelve month high of $737.76. The company has a market capitalization of $91.62 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 1.62 and a beta of 1.22.

Cummins (NYSE:CMI – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $6.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.63 by $0.52. The firm had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.37 billion. Cummins had a return on equity of 25.25% and a net margin of 7.89%.The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $5.96 EPS. Research analysts forecast that Cummins Inc. will post 29.39 EPS for the current fiscal year.

Cummins Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 21st will be given a dividend of $2.20 per share. The ex-dividend date is Friday, August 21st. This is an increase from Cummins’s previous quarterly dividend of $2.00. This represents a $8.80 dividend on an annualized basis and a yield of 1.3%. Cummins’s dividend payout ratio (DPR) is 45.67%.

Cummins Profile

(Free Report)

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.