FY2026 EPS Estimates for Cummins Increased by Zacks Research

Cummins Inc. (NYSE:CMI) – Equities research analysts at Zacks Research upped their FY2026 earnings estimates for shares of Cummins in a research note issued on Thursday, January 29th. Zacks Research analyst Team now expects that the company will earn $25.89 per share for the year, up from their prior estimate of $25.84. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Cummins’ current full-year earnings is $22.54 per share. Zacks Research also issued estimates for Cummins’ Q4 2026 earnings at $6.82 EPS, Q1 2027 earnings at $6.47 EPS, Q2 2027 earnings at $7.64 EPS, Q3 2027 earnings at $7.92 EPS, Q4 2027 earnings at $7.72 EPS and FY2027 earnings at $29.74 EPS.

Cummins (NYSE:CMI) last announced its quarterly earnings results on Thursday, November 6th. The company reported $5.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.83 by $0.76. Cummins had a net margin of 7.95% and a return on equity of 26.02%. The company had revenue of $8.32 billion for the quarter, compared to the consensus estimate of $7.97 billion. During the same quarter in the prior year, the firm earned $5.86 earnings per share. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year.

Several other research firms also recently weighed in on CMI. Wolfe Research downgraded Cummins from an “outperform” rating to a “peer perform” rating and set a $540.00 price target for the company. in a research report on Monday, January 26th. Sanford C. Bernstein reissued a “market perform” rating and issued a $475.00 target price on shares of Cummins in a research note on Friday, November 7th. UBS Group raised shares of Cummins from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Cummins in a research report on Monday, December 29th. Finally, Argus raised their target price on shares of Cummins from $459.00 to $573.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Cummins currently has an average rating of “Moderate Buy” and an average target price of $522.07.

Cummins Trading Up 2.7%

Shares of Cummins stock opened at $594.46 on Monday. Cummins has a 1 year low of $260.02 and a 1 year high of $595.25. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.77 and a quick ratio of 1.11. The business has a 50 day moving average price of $534.21 and a 200 day moving average price of $456.28. The company has a market capitalization of $82.06 billion, a P/E ratio of 30.85, a P/E/G ratio of 2.03 and a beta of 1.13.

Hedge Funds Weigh In On Cummins

A number of hedge funds have recently made changes to their positions in CMI. Nicholas Hoffman & Company LLC. boosted its position in Cummins by 15.3% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 3,354 shares of the company’s stock worth $1,712,000 after purchasing an additional 445 shares during the period. Fulcrum Wealth Advisors LLC acquired a new position in shares of Cummins during the fourth quarter worth about $4,466,000. QRG Capital Management Inc. boosted its position in shares of Cummins by 157.2% in the fourth quarter. QRG Capital Management Inc. now owns 50,352 shares of the company’s stock worth $25,702,000 after buying an additional 30,775 shares during the period. Leslie Global Wealth LLC grew its stake in shares of Cummins by 12.0% in the fourth quarter. Leslie Global Wealth LLC now owns 560 shares of the company’s stock valued at $286,000 after buying an additional 60 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Cummins by 2.8% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,494 shares of the company’s stock valued at $2,294,000 after buying an additional 122 shares during the period. Hedge funds and other institutional investors own 83.46% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jennifer Rumsey sold 4,570 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $473.89, for a total transaction of $2,165,677.30. Following the completion of the sale, the chief executive officer directly owned 42,880 shares in the company, valued at $20,320,403.20. This represents a 9.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Mark Andrew Smith sold 13,110 shares of the stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $470.66, for a total value of $6,170,352.60. Following the completion of the transaction, the chief financial officer directly owned 31,582 shares in the company, valued at $14,864,384.12. This trade represents a 29.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 19,130 shares of company stock valued at $9,045,544. Insiders own 0.41% of the company’s stock.

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.