Insider Selling: Cummins (NYSE:CMI) Insider Sells $482,813.75 in Stock

Posted by Geri Gentry on May 15th, 2026

Cummins Inc. (NYSE:CMI – Get Free Report) insider Brett Michael Merritt sold 701 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $688.75, for a total value of $482,813.75. Following the sale, the insider owned 10,404 shares in the company, valued at $7,165,755. This trade represents a 6.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cummins Price Performance

CMI stock opened at $715.33 on Friday. Cummins Inc. has a 52-week low of $307.90 and a 52-week high of $718.08. The stock’s fifty day simple moving average is $599.02 and its 200-day simple moving average is $553.62. 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 has a market capitalization of $98.71 billion, a price-to-earnings ratio of 37.12, a price-to-earnings-growth ratio of 1.79 and a beta of 1.27.

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 the consensus estimate of $5.63 by $0.52. Cummins had a return on equity of 25.25% and a net margin of 7.89%.The business had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.37 billion. During the same quarter last year, the firm earned $5.96 earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. Equities research analysts expect that Cummins Inc. will post 28.39 EPS for the current year.

Cummins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Friday, May 22nd will be issued a dividend of $2.00 per share. The ex-dividend date is Friday, May 22nd. This represents a $8.00 annualized dividend and a dividend yield of 1.1%. Cummins’s dividend payout ratio (DPR) is 41.52%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CMI. Weiss Ratings cut Cummins from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Truist Financial set a $815.00 price objective on Cummins in a report on Wednesday, May 6th. Wall Street Zen cut Cummins from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. UBS Group set a $565.00 target price on Cummins and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, Barclays lifted their target price on Cummins from $610.00 to $760.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $677.87.

Get Our Latest Research Report on Cummins

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CMI. Wealth Alliance LLC lifted its stake in shares of Cummins by 3.5% during the first quarter. Wealth Alliance LLC now owns 3,014 shares of the company’s stock worth $1,621,000 after purchasing an additional 101 shares in the last quarter. Entropy Technologies LP lifted its stake in shares of Cummins by 379.7% during the first quarter. Entropy Technologies LP now owns 21,106 shares of the company’s stock worth $11,355,000 after purchasing an additional 16,706 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Cummins during the first quarter worth about $13,569,000. Gamco Investors INC. ET AL acquired a new position in shares of Cummins during the first quarter worth about $204,000. Finally, Compound Planning Inc. lifted its stake in shares of Cummins by 0.9% during the first quarter. Compound Planning Inc. now owns 3,188 shares of the company’s stock worth $1,715,000 after purchasing an additional 28 shares in the last quarter. Institutional investors and hedge funds own 83.46% of the company’s stock.

Key Headlines Impacting Cummins

Here are the key news stories impacting Cummins this week:

Positive Sentiment: Cummins’ latest earnings beat expectations, with EPS of $6.15 on revenue of $8.40 billion, reinforcing confidence in the company’s operating momentum and supporting the stock. Cummins stock report
Positive Sentiment: Analysts have turned more constructive, with Citigroup, Barclays, and Evercore raising targets, while Zacks upgraded Cummins to “strong-buy,” which can lift investor sentiment. Cummins price target raised article
Positive Sentiment: The company declared a quarterly dividend of $2.00 per share, underscoring shareholder returns and adding to the stock’s income appeal.
Positive Sentiment: Shareholders approved the board, pay package, and incentive plan at the annual meeting, signaling governance continuity and support for management. Cummins Shareholders Back Board, Pay and Incentive Plan
Neutral Sentiment: One Cummins vice president sold shares, and several other insider sales were reported this week; while not necessarily a red flag, the activity may slightly temper enthusiasm.
Neutral Sentiment: Recent articles discussing Cummins’ momentum and relative performance versus industrial peers are more commentary than fresh catalysts. Relative performance article

Cummins Company Profile

(Get 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.