Cummins Inc. $CMI Shares Bought by Fifth Third Bancorp

Posted by Brenda Bartman on Jul 13th, 2026

Fifth Third Bancorp raised its holdings in Cummins Inc. (NYSE:CMI – Free Report) by 40.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 127,418 shares of the company’s stock after buying an additional 36,765 shares during the period. Fifth Third Bancorp’s holdings in Cummins were worth $68,553,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Juno Financial Group LLC purchased a new stake in shares of Cummins in the fourth quarter valued at about $883,000. Truist Financial Corp increased its stake in shares of Cummins by 4.8% during the 4th quarter. Truist Financial Corp now owns 64,005 shares of the company’s stock worth $32,671,000 after purchasing an additional 2,951 shares in the last quarter. Nordea Investment Management AB raised its position in shares of Cummins by 103.8% during the 4th quarter. Nordea Investment Management AB now owns 546,540 shares of the company’s stock worth $280,397,000 after purchasing an additional 278,350 shares during the last quarter. California Public Employees Retirement System raised its position in shares of Cummins by 6.4% during the 3rd quarter. California Public Employees Retirement System now owns 261,522 shares of the company’s stock worth $110,459,000 after purchasing an additional 15,621 shares during the last quarter. Finally, Smith Salley Wealth Management lifted its stake in Cummins by 1,381.8% in the 4th quarter. Smith Salley Wealth Management now owns 21,768 shares of the company’s stock valued at $11,111,000 after buying an additional 20,299 shares in the last quarter. Institutional investors and hedge funds own 83.46% of the company’s stock.

Cummins Stock Performance

Shares of CMI stock opened at $676.93 on Monday. The company’s fifty day simple moving average is $679.54 and its 200-day simple moving average is $609.98. Cummins Inc. has a 52 week low of $334.70 and a 52 week high of $737.76. The company has a current ratio of 1.71, a quick ratio of 1.11 and a debt-to-equity ratio of 0.50. The company has a market cap of $93.41 billion, a PE ratio of 35.13, a P/E/G ratio of 1.65 and a beta of 1.22.

Cummins (NYSE:CMI – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $6.15 earnings per share 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%.Cummins’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.96 EPS. As a group, equities research analysts anticipate that Cummins Inc. will post 29.32 EPS for the current year.

Cummins Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Friday, May 22nd were paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, May 22nd. Cummins’s dividend payout ratio is 41.52%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Truist Financial increased their price objective on Cummins from $815.00 to $901.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Argus raised their price target on shares of Cummins from $696.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. UBS Group reiterated a “buy” rating on shares of Cummins in a report on Wednesday, June 17th. Weiss Ratings downgraded shares of Cummins from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Finally, Morgan Stanley raised their target price on shares of Cummins from $675.00 to $752.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $738.00.

Check Out Our Latest Stock Analysis on CMI

Insider Buying and Selling at Cummins

In other Cummins news, VP Donald G. Jackson sold 730 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $710.92, for a total transaction of $518,971.60. Following the transaction, the vice president directly owned 8,316 shares in the company, valued at $5,912,010.72. This represents a 8.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Jennifer Mary Bush sold 5,000 shares of Cummins stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $696.21, for a total value of $3,481,050.00. Following the completion of the transaction, the vice president owned 11,986 shares of the company’s stock, valued at $8,344,773.06. This trade represents a 29.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 13,579 shares of company stock valued at $9,377,684. Corporate insiders own 0.30% of the company’s stock.

About Cummins

(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.