National Pension Service Buys 1,710 Shares of Cummins Inc. $CMI

Posted by Francis Steltz on Sep 10th, 2026

National Pension Service boosted its stake in Cummins Inc. (NYSE:CMI – Free Report) by 0.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 416,179 shares of the company’s stock after purchasing an additional 1,710 shares during the quarter. National Pension Service owned about 0.30% of Cummins worth $296,823,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Persistent Asset Partners Ltd acquired a new position in Cummins during the second quarter valued at approximately $26,000. Elevation Wealth Partners LLC boosted its position in shares of Cummins by 91.7% during the second 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. Cedar Mountain Advisors LLC grew its holdings in shares of Cummins by 1,500.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 48 shares of the company’s stock valued at $26,000 after buying an additional 45 shares during the period. Wellington Shields Capital Management LLC bought a new stake in shares of Cummins in the 4th quarter valued at $27,000. Finally, Key Financial Inc increased its position in shares of Cummins by 62.5% in the 1st quarter. Key Financial Inc now owns 52 shares of the company’s stock valued at $28,000 after buying an additional 20 shares in the last quarter. Institutional investors own 83.46% of the company’s stock.

Insiders Place Their Bets

In other Cummins news, VP Earl Newsome sold 698 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $572.22, for a total transaction of $399,409.56. Following the transaction, the vice president owned 4,479 shares of the company’s stock, valued at $2,562,973.38. The trade was a 13.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.30% of the stock is currently owned by corporate insiders.

Cummins Stock Performance

Shares of CMI opened at $554.14 on Thursday. The stock has a market capitalization of $76.28 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 1.52 and a beta of 1.23. Cummins Inc. has a 12 month low of $395.86 and a 12 month high of $737.76. The firm has a fifty day simple moving average of $624.16 and a 200 day simple moving average of $625.92. 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 (NYSE:CMI – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $6.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.21 by ($0.48). Cummins had a net margin of 7.82% and a return on equity of 25.29%. The business had revenue of $9.46 billion during the quarter, compared to analyst estimates of $9.33 billion. During the same quarter in the previous year, the firm posted $6.43 earnings per share. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. Research analysts forecast that Cummins Inc. will post 30.06 EPS for the current fiscal year.

Cummins Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 21st were given a dividend of $2.20 per share. This represents a $8.80 annualized dividend and a yield of 1.6%. This is a boost from Cummins’s previous quarterly dividend of $2.00. The ex-dividend date of this dividend was Friday, August 21st. Cummins’s payout ratio is currently 44.97%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Sanford C. Bernstein restated a “market perform” rating and issued a $700.00 price target on shares of Cummins in a report on Wednesday, August 5th. Morgan Stanley boosted their price objective on Cummins from $752.00 to $761.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. UBS Group lowered their target price on Cummins from $850.00 to $835.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. CICC Research initiated coverage on shares of Cummins in a research note on Sunday, August 23rd. They issued an “outperform” rating on the stock. Finally, Citigroup upped their price target on shares of Cummins from $770.00 to $790.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $764.54.

Get Our Latest Analysis on Cummins

Cummins Company Profile

(Free Report)

Cummins Inc is a global power and energy technology company headquartered in Columbus, Indiana. Founded in 1919, the company designs, manufactures, sells and services engines, powertrains and related technologies for commercial vehicles, industrial equipment, mining, construction, agriculture, marine and other applications.

Cummins’ products and services include diesel and natural-gas engines, hybrid powertrains, fuel systems, filtration and emission-control technologies, turbochargers, generators and power-generation systems.