Cummins (NYSE:CMI) Director William Miller Sells 18,107 Shares

Cummins Inc. (NYSE:CMI) Director William Miller sold 18,107 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $597.10, for a total transaction of $10,811,689.70. Following the completion of the transaction, the director owned 34,243 shares of the company’s stock, valued at approximately $20,446,495.30. This trade represents a 34.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Cummins Price Performance

Shares of NYSE:CMI opened at $600.30 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.16 and a current ratio of 1.76. Cummins Inc. has a 52 week low of $260.02 and a 52 week high of $617.98. The firm has a market cap of $82.94 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 1.86 and a beta of 1.13. The firm’s fifty day moving average is $549.99 and its 200-day moving average is $469.26.

Cummins (NYSE:CMI) last announced its earnings results on Thursday, February 5th. The company reported $5.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.17 by $0.64. The business had revenue of $8.54 billion during the quarter, compared to analyst estimates of $8.09 billion. Cummins had a return on equity of 25.71% and a net margin of 8.44%.Cummins’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the company earned $5.16 EPS. Sell-side analysts predict that Cummins Inc. will post 22.54 earnings per share for the current year.

Cummins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Friday, February 20th will be given a dividend of $2.00 per share. The ex-dividend date is Friday, February 20th. This represents a $8.00 annualized dividend and a dividend yield of 1.3%. Cummins’s dividend payout ratio is 38.99%.

Wall Street Analyst Weigh In

CMI has been the topic of several research analyst reports. Argus set a $696.00 target price on Cummins in a research report on Tuesday. Morgan Stanley restated an “overweight” rating and set a $675.00 price target on shares of Cummins in a report on Friday, February 6th. Truist Financial reaffirmed a “buy” rating and set a $703.00 price objective (up previously from $653.00) on shares of Cummins in a research report on Friday, February 6th. Wells Fargo & Company increased their target price on shares of Cummins from $599.00 to $630.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Finally, UBS Group set a $565.00 price target on shares of Cummins and gave the company a “neutral” rating in a research note on Friday, February 6th. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $588.93.

More Cummins News

Here are the key news stories impacting Cummins this week:

• Positive Sentiment: Zacks and MSN pieces highlight Cummins as a long‑term growth name—citing durable aftermarket, electrification and service revenue tailwinds that support higher earnings visibility. Why Cummins (CMI) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Zacks also profiles CMI as a strong momentum stock—technical strength and recent earnings upside are cited as reasons momentum investors favor the name. Here’s Why Cummins (CMI) is a Strong Momentum Stock
• Positive Sentiment: MSN feature articles present Cummins as both a top growth and top value pick for long‑term investors, reinforcing buyside interest across styles. MSN Growth Article MSN Value Article
• Positive Sentiment: Brokerage coverage aggregate is favorable—Cummins carries an average recommendation of “Moderate Buy,” which supports demand from institutional investors. Average Recommendation: Moderate Buy
• Neutral Sentiment: An earnings‑call recap (top 5 analyst questions) provides detail on management’s outlook and execution priorities; useful for gauging forward guidance but not an immediate catalyst. Earnings Call Q&A
• Negative Sentiment: Director William I. Miller sold ~18,107 shares (~34.6% reduction in his position) at ~$597 each—insider selling can be read negatively by some investors even though it may be routine. SEC Filing: Insider Sale
• Negative Sentiment: Halper Sadeh LLC has issued an outreach encouraging shareholders to contact them—suggests potential shareholder litigation or activism, which could be a distraction or cost overhang. Halper Sadeh Notice
• Negative Sentiment: TipRanks notes heightened risk from trade tensions (tariffs, sanctions, supply‑chain disruption) that could pressure margins and global sales—an important macro risk to monitor. TipRanks: Trade Tensions

Institutional Investors Weigh In On Cummins

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Cummins by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 17,746,775 shares of the company’s stock worth $9,058,841,000 after buying an additional 98,544 shares during the last quarter. State Street Corp boosted its stake in shares of Cummins by 1.4% during the 2nd quarter. State Street Corp now owns 6,539,191 shares of the company’s stock worth $2,141,585,000 after acquiring an additional 92,073 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Cummins by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 3,584,466 shares of the company’s stock worth $1,822,534,000 after acquiring an additional 35,286 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Cummins by 1.3% in the 4th quarter. Fisher Asset Management LLC now owns 3,410,723 shares of the company’s stock worth $1,741,004,000 after acquiring an additional 43,722 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Cummins by 10,317.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,458,475 shares of the company’s stock worth $1,254,929,000 after purchasing an additional 2,434,876 shares during the period. 83.46% of the stock is owned by institutional investors.

About Cummins

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.