Key Points
- Director William Miller sold 18,107 shares of Cummins on Feb. 11 at an average price of $597.10, collecting about $10.8M and reducing his stake by roughly 34.6%, according to an SEC filing.
- Cummins beat Q4 expectations with $5.81 EPS vs. $5.17 expected and $8.54B revenue vs. $8.09B, and the stock trades near $600 while analysts maintain a "Moderate Buy" consensus with an average target around $589.
- Dividend announced: Cummins declared a $2.00 quarterly dividend (annualized $8.00, yield ~1.3%), with record/ex-dividend date Feb. 20 and payment on March 5.
Cummins Inc. (NYSE:CMI - Get Free Report) Director William Miller sold 18,107 shares of the business's stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $597.10, for a total value of $10,811,689.70. Following the sale, the director owned 34,243 shares in the company, valued at approximately $20,446,495.30. The trade was a 34.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Cummins Stock Performance
Shares of CMI opened at $600.30 on Friday. The company has a 50-day moving average of $549.99 and a two-hundred day moving average of $469.26. The stock has a market cap of $82.94 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 1.86 and a beta of 1.13. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.76 and a quick ratio of 1.16. Cummins Inc. has a one year low of $260.02 and a one year high of $617.98.
Cummins (NYSE:CMI - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $5.81 EPS for the quarter, beating the consensus estimate of $5.17 by $0.64. Cummins had a net margin of 8.44% and a return on equity of 25.71%. The business had revenue of $8.54 billion during the quarter, compared to the consensus estimate of $8.09 billion. During the same quarter in the prior year, the firm earned $5.16 EPS. The firm's quarterly revenue was up 1.1% on a year-over-year basis. On average, equities research analysts expect that Cummins Inc. will post 22.54 earnings per share for the current year.
Cummins Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Friday, February 20th will be given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. Cummins's dividend payout ratio (DPR) is 38.99%.
Key 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
Wall Street Analysts Forecast Growth
CMI has been the subject of several research analyst reports. Morgan Stanley reissued an "overweight" rating and issued a $675.00 price objective on shares of Cummins in a research note on Friday, February 6th. JPMorgan Chase & Co. increased their price target on shares of Cummins from $485.00 to $580.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 14th. Robert W. Baird set a $580.00 price target on shares of Cummins in a report on Friday, February 6th. Sanford C. Bernstein set a $600.00 price objective on shares of Cummins and gave the company a "market perform" rating in a research note on Friday, February 6th. Finally, Argus set a $696.00 target price on shares of Cummins in a research report on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Cummins presently has a consensus rating of "Moderate Buy" and an average price target of $588.93.
Read Our Latest Stock Report on Cummins
Institutional Trading of Cummins
Large investors have recently added to or reduced their stakes in the business. Thompson Investment Management Inc. acquired a new stake in shares of Cummins in the 4th quarter valued at $26,000. Activest Wealth Management raised its holdings in Cummins by 537.5% during the fourth quarter. Activest Wealth Management now owns 51 shares of the company's stock valued at $26,000 after buying an additional 43 shares in the last quarter. Wellington Shields Capital Management LLC acquired a new stake in shares of Cummins in the fourth quarter worth about $27,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Cummins in the third quarter worth about $28,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Cummins during the 4th quarter worth about $29,000. 83.46% of the stock is owned by institutional investors.
Cummins Company Profile
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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.
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