Edmond DE Rothschild Holding S.A. Purchases New Shares in Cummins Inc. $CMI

Posted by Geri Gentry on Aug 21st, 2026

Edmond DE Rothschild Holding S.A. purchased a new position in shares of Cummins Inc. (NYSE:CMI – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,488 shares of the company’s stock, valued at approximately $1,061,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Cummins in the second quarter worth about $8,204,241,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Cummins by 10,317.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,458,475 shares of the company’s stock valued at $1,254,929,000 after purchasing an additional 2,434,876 shares during the last quarter. Norges Bank acquired a new stake in Cummins during the 4th quarter valued at approximately $863,441,000. Bank of New York Mellon Corp purchased a new stake in Cummins during the 2nd quarter worth approximately $973,198,000. Finally, Boston Partners purchased a new stake in Cummins during the 3rd quarter worth approximately $473,471,000. Institutional investors and hedge funds own 83.46% of the company’s stock.

Analyst Ratings Changes

CMI has been the subject of several research analyst reports. Citigroup increased their target price on Cummins from $770.00 to $790.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. UBS Group cut their price target on shares of Cummins from $850.00 to $835.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. Morgan Stanley increased their price objective on shares of Cummins from $752.00 to $761.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. JPMorgan Chase & Co. boosted their target price on shares of Cummins from $600.00 to $725.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Robert W. Baird set a $700.00 target price on shares of Cummins in a research note on Wednesday, May 6th. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $745.64.

Get Our Latest Analysis on CMI

Cummins Trading Down 2.5%

Cummins stock opened at $593.12 on Friday. The firm’s 50-day moving average is $662.30 and its 200-day moving average is $628.59. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.13 and a current ratio of 1.73. Cummins Inc. has a 1 year low of $389.52 and a 1 year high of $737.76. The company has a market cap of $81.65 billion, a P/E ratio of 30.31, a PEG ratio of 1.45 and a beta of 1.24.

Cummins (NYSE:CMI – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $6.73 EPS for the quarter, missing the consensus estimate of $7.21 by ($0.48). The business had revenue of $9.46 billion during the quarter, compared to analyst estimates of $9.33 billion. Cummins had a net margin of 7.82% and a return on equity of 25.29%. The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the firm posted $6.43 earnings per share. On average, equities analysts expect that Cummins Inc. will post 30.06 earnings per share for the current year.

Cummins Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 21st will be paid a $2.20 dividend. 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 1.5%. Cummins’s payout ratio is presently 40.88%.

Cummins Company 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.