Cummins (NYSE:CMI) VP Earl Newsome Sells 698 Shares

Posted by Francis Steltz on Aug 26th, 2026

Cummins Inc. (NYSE:CMI – Get Free Report) VP Earl Newsome sold 698 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $572.22, for a total transaction of $399,409.56. Following the completion of the sale, the vice president owned 4,479 shares of the company’s stock, valued at $2,562,973.38. This trade represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Cummins Stock Up 0.3%

CMI stock opened at $573.19 on Wednesday. Cummins Inc. has a fifty-two week low of $389.52 and a fifty-two week high of $737.76. The business’s 50 day moving average price is $656.14 and its two-hundred day moving average price is $628.10. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.13 and a current ratio of 1.73. The company has a market capitalization of $78.91 billion, a price-to-earnings ratio of 29.29, a price-to-earnings-growth ratio of 1.36 and a beta of 1.24.

Cummins (NYSE:CMI – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $6.73 EPS for the quarter, missing analysts’ consensus estimates of $7.21 by ($0.48). Cummins had a net margin of 7.82% and a return on equity of 25.29%. The firm had revenue of $9.46 billion during the quarter, compared to analysts’ expectations of $9.33 billion. During the same quarter in the previous year, the business earned $6.43 EPS. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, analysts forecast that Cummins Inc. will post 30.06 earnings per share for the current fiscal year.

Cummins Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 21st will be given a dividend of $2.20 per share. This is an increase from Cummins’s previous quarterly dividend of $2.00. This represents a $8.80 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st. Cummins’s payout ratio is 44.97%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. UBS Group decreased their price target on shares of Cummins from $850.00 to $835.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of Cummins from $600.00 to $725.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Evercore reiterated an “outperform” rating and set a $845.00 target price on shares of Cummins in a report on Monday, May 11th. Truist Financial set a $894.00 price target on Cummins in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $700.00 price target on shares of Cummins in a research note on Wednesday, August 5th. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $745.64.

Get Our Latest Research Report on CMI

Institutional Investors Weigh In On Cummins

A number of institutional investors have recently made changes to their positions in CMI. Brighton Jones LLC increased its position in shares of Cummins by 4.1% during the fourth quarter. Brighton Jones LLC now owns 2,112 shares of the company’s stock valued at $736,000 after acquiring an additional 83 shares in the last quarter. Intech Investment Management LLC lifted its position in Cummins by 40.8% in the 1st quarter. Intech Investment Management LLC now owns 3,956 shares of the company’s stock valued at $1,240,000 after acquiring an additional 1,146 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in Cummins by 2.8% in the 2nd quarter. Treasurer of the State of North Carolina now owns 64,289 shares of the company’s stock valued at $21,055,000 after acquiring an additional 1,759 shares in the last quarter. ICW Investment Advisors LLC purchased a new stake in Cummins during the 2nd quarter valued at $225,000. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Cummins in the 2nd quarter worth $31,000. Hedge funds and other institutional investors own 83.46% of the company’s stock.

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.