Cummins Inc. $CMI Stock Bought by Hudock Inc.

Posted by Stanley Muller on Oct 15th, 2026

Hudock Inc. raised its position in Cummins Inc. (NYSE:CMI – Free Report) by 182.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,470 shares of the company’s stock after acquiring an additional 1,597 shares during the period. Hudock Inc.’s holdings in Cummins were worth $1,276,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cedar Mountain Advisors LLC increased its position in shares of Cummins by 1,500.0% during the first quarter. Cedar Mountain Advisors LLC now owns 48 shares of the company’s stock worth $26,000 after purchasing an additional 45 shares in the last quarter. Persistent Asset Partners Ltd purchased a new stake in shares of Cummins during the 2nd quarter valued at $26,000. Key Financial Inc lifted its holdings in shares of Cummins by 62.5% during the 1st quarter. Key Financial Inc now owns 52 shares of the company’s stock valued at $28,000 after purchasing an additional 20 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Cummins by 91.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 46 shares of the company’s stock worth $33,000 after purchasing an additional 22 shares in the last quarter. Finally, Steph & Co. boosted its position in shares of Cummins by 112.9% in the 1st quarter. Steph & Co. now owns 66 shares of the company’s stock worth $36,000 after purchasing an additional 35 shares in the last quarter. 83.46% of the stock is owned by hedge funds and other institutional investors.

Cummins Trading Down 0.7%

Shares of Cummins stock opened at $525.39 on Thursday. The company has a current ratio of 1.73, a quick ratio of 1.13 and a debt-to-equity ratio of 0.48. Cummins Inc. has a 12-month low of $405.82 and a 12-month high of $737.76. The firm has a market capitalization of $72.33 billion, a price-to-earnings ratio of 26.85, a PEG ratio of 1.39 and a beta of 1.24. The firm’s 50 day simple moving average is $560.36 and its two-hundred day simple moving average is $620.42.

Cummins (NYSE:CMI – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $6.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.21 by ($0.48). Cummins had a return on equity of 25.29% and a net margin of 7.82%. The company had revenue of $9.46 billion during the quarter, compared to analysts’ expectations of $9.33 billion. During the same period in the prior year, the business posted $6.43 EPS. The company’s quarterly revenue was up 9.4% on a year-over-year basis. Analysts predict that Cummins Inc. will post 30.10 EPS for the current year.

Cummins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Friday, November 20th will be given a $2.20 dividend. This represents a $8.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, November 20th. Cummins’s dividend payout ratio is presently 44.97%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Morgan Stanley boosted their target price on Cummins from $752.00 to $761.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. CICC Research initiated coverage on Cummins in a research note on Sunday, August 23rd. They issued an “outperform” rating and a $781.00 price target for the company. DA Davidson increased their price target on Cummins from $605.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. lowered their price target on Cummins from $690.00 to $600.00 and set a “neutral” rating for the company in a report on Wednesday, September 23rd. Finally, UBS Group lowered their price target on Cummins from $835.00 to $741.00 and set a “buy” rating for the company in a report on Wednesday, September 30th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $708.18.

Get Our Latest Stock Analysis on Cummins

Insider Activity

In related news, VP Earl Newsome sold 698 shares of the company’s 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 transaction, the vice president directly owned 4,479 shares of the company’s stock, valued at $2,562,973.38. This represents a 13.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.30% of the stock is currently owned by insiders.

About Cummins

(Free Report)

Cummins Inc (NYSE: CMI) is a global power technology company headquartered in Columbus, Indiana. Founded in 1919, the company designs, manufactures, sells and services power solutions for commercial, industrial and infrastructure applications.

Its products include diesel and natural-gas engines, electrified powertrains, batteries, fuel cell systems, generators and other power-generation equipment. Cummins also produces components such as filtration systems, fuel systems, turbochargers and emission-control technologies.