Cummins Inc. $CMI Position Decreased by Keybank National Association OH

Posted by Brenda Bartman on Nov 11th, 2026

Keybank National Association OH lowered its position in Cummins Inc. (NYSE:CMI – Free Report) by 2.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 119,596 shares of the company’s stock after selling 3,319 shares during the period. Keybank National Association OH’s holdings in Cummins were worth $61,780,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cornerstone Wealth Management LLC increased its position in shares of Cummins by 1.4% during the third quarter. Cornerstone Wealth Management LLC now owns 4,326 shares of the company’s stock worth $2,234,000 after purchasing an additional 58 shares in the last quarter. Csenge Advisory Group lifted its holdings in shares of Cummins by 1.1% during the 3rd quarter. Csenge Advisory Group now owns 3,765 shares of the company’s stock valued at $1,945,000 after purchasing an additional 40 shares during the last quarter. Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of Cummins by 1,473.8% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 9,144 shares of the company’s stock valued at $4,723,000 after purchasing an additional 8,563 shares during the last quarter. 71 West Capital Partners boosted its position in shares of Cummins by 5.2% in the 3rd quarter. 71 West Capital Partners now owns 1,444 shares of the company’s stock worth $746,000 after purchasing an additional 71 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC boosted its position in shares of Cummins by 7.3% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 1,010 shares of the company’s stock worth $521,000 after purchasing an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 83.46% of the company’s stock.

Cummins News Roundup

Here are the key news stories impacting Cummins this week:

Positive Sentiment: Cummins unveiled its new S29 mining engine at its Chongqing plant, expanding its product offering for the mining market. The announcement could support growth, though the article details provided do not quantify its expected sales impact. Article: Cummins Unveils New S29 Mining Engine At Chongqing Engine Plant
Positive Sentiment: AI data-center power demand and a strong order backlog are cited as growth drivers. However, supply constraints and weakness in the truck market may limit the upside. Article: Cummins After Q3: Is the Stock a Buy on AI Data Center Boom?
Neutral Sentiment: Cummins underperformed competitors on Monday despite a gain in its shares, indicating relative weakness against peers. Article: Cummins stock underperforms competitors
Negative Sentiment: Analysts have cut fair-value estimates, citing reduced expectations for growth and margins. Barclays lowered its target from $675 to $600 but maintained an “overweight” rating; JPMorgan cut its target from $600 to $465 and kept a “neutral” rating. Wells Fargo, Citigroup and Truist also reduced their targets, adding to pressure on investor sentiment. Article: Cummins fair value cut as analysts trim growth and margin views Article: Barclays lowers Cummins price target Article: JPMorgan lowers Cummins price target

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Morgan Stanley boosted their target price on Cummins from $752.00 to $761.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Wall Street Zen upgraded Cummins from a “hold” rating to a “buy” rating in a research note on Tuesday. UBS Group lowered their price target on Cummins from $741.00 to $675.00 and set a “buy” rating for the company in a report on Tuesday. Sanford C. Bernstein restated a “market perform” rating and set a $700.00 price target on shares of Cummins in a research note on Wednesday, August 5th. Finally, Barclays dropped their price target on Cummins from $675.00 to $600.00 and set an “overweight” rating on the stock in a research note on Monday. Twelve research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $658.29.

Get Our Latest Research Report on CMI

Insiders Place Their Bets

In other Cummins news, VP Earl Newsome sold 698 shares of the business’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 sale, the vice president owned 4,479 shares in the company, valued at approximately $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 can be accessed through the SEC website. Insiders own 0.30% of the company’s stock.

Cummins Trading Down 2.7%

NYSE CMI opened at $454.09 on Wednesday. Cummins Inc. has a 12-month low of $443.62 and a 12-month high of $737.76. The company has a fifty day simple moving average of $522.29 and a two-hundred day simple moving average of $598.38. The company has a current ratio of 1.74, a quick ratio of 1.13 and a debt-to-equity ratio of 0.46. The stock has a market cap of $62.51 billion, a P/E ratio of 18.95, a P/E/G ratio of 1.24 and a beta of 1.26.

Cummins (NYSE:CMI – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $8.25 earnings per share for the quarter, beating analysts’ consensus estimates of $8.20 by $0.05. The firm had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.89 billion. Cummins had a net margin of 9.26% and a return on equity of 26.82%. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company earned $5.59 earnings per share. On average, analysts forecast that Cummins Inc. will post 29.83 earnings per share for the current year.

Cummins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Friday, November 20th will be given a dividend of $2.20 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $8.80 dividend on an annualized basis and a yield of 1.9%. Cummins’s payout ratio is currently 36.73%.

About Cummins

(Free Report)

Cummins Inc. is a global power technology company founded in 1919 and headquartered in Columbus, Indiana. It designs, manufactures, distributes and services products used in commercial vehicles, industrial equipment, power generation and other applications. The company’s offerings include diesel and natural gas engines, power generation systems, and components such as filtration, turbochargers and emissions-control systems. Through its Accelera business, Cummins also develops technologies including batteries, fuel cells and electrolyzers for lower-emission power and transportation.