Cummins Inc. $CMI Shares Sold by DMKC Advisory Services LLC

DMKC Advisory Services LLC cut its stake in shares of Cummins Inc. (NYSE:CMI) by 26.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,746 shares of the company’s stock after selling 2,845 shares during the period. Cummins accounts for approximately 1.0% of DMKC Advisory Services LLC’s holdings, making the stock its 23rd biggest holding. DMKC Advisory Services LLC’s holdings in Cummins were worth $5,524,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in 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 valued at $1,254,929,000 after buying an additional 2,434,876 shares in the last quarter. Norges Bank acquired a new stake in shares of Cummins in the fourth quarter worth $863,441,000. Boston Partners acquired a new stake in shares of Cummins in the third quarter worth $473,471,000. SG Americas Securities LLC raised its stake in shares of Cummins by 257.9% in the 1st quarter. SG Americas Securities LLC now owns 736,670 shares of the company’s stock valued at $396,343,000 after acquiring an additional 530,812 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Cummins by 245.1% in the 4th quarter. First Trust Advisors LP now owns 542,796 shares of the company’s stock valued at $277,071,000 after acquiring an additional 385,525 shares during the period. Hedge funds and other institutional investors own 83.46% of the company’s stock.

Cummins Price Performance

Shares of CMI stock opened at $651.55 on Thursday. The firm has a fifty day simple moving average of $669.35 and a 200-day simple moving average of $624.58. The company has a market capitalization of $89.91 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. Cummins Inc. has a twelve month low of $372.00 and a twelve month high of $737.76. The company has a current ratio of 1.73, a quick ratio of 1.11 and a debt-to-equity ratio of 0.48.

Cummins (NYSE:CMI) last released 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 return on equity of 25.29% and a net margin of 7.82%.The firm had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.33 billion. During the same period last year, the firm earned $6.43 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Equities research analysts anticipate that Cummins Inc. will post 29.39 earnings per share for the current fiscal year.

Cummins Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 21st will be given a dividend of $2.20 per share. The ex-dividend date of this dividend is Friday, August 21st. This is a positive change from Cummins’s previous quarterly dividend of $2.00. This represents a $8.80 dividend on an annualized basis and a dividend yield of 1.4%. Cummins’s dividend payout ratio is presently 41.52%.

Cummins News Roundup

Here are the key news stories impacting Cummins this week:

• Positive Sentiment: Raised 2026 outlook: Cummins increased its full-year expectations and forecast revenue of approximately $37 billion to $38 billion, broadly in line with Wall Street expectations. Cummins Reports Strong Second Quarter 2026 Results; Raises Full-Year Outlook
• Positive Sentiment: Data-center power demand is a major growth driver: Robust orders for standby generators used by data centers, improving North American truck markets and stronger second-half demand are supporting the more optimistic outlook. CMI Q2 Earnings Call Points to Power Demand and Higher Outlook
• Positive Sentiment: Revenue exceeded expectations: Second-quarter revenue rose 9.4% year over year to $9.46 billion, ahead of the roughly $9.33 billion consensus estimate. Cummins misses quarterly profit estimates despite strong generator demand
• Neutral Sentiment: Strategic industry transition: Regulatory clarity and a phased emissions transition could influence customer buying patterns and the timing of engine demand during the rest of the year. CMI Q2 deep dive: Data center demand, regulatory clarity, and shifting engine transition
• Negative Sentiment: Profit missed estimates: Quarterly EPS of $6.73 increased from $6.43 a year earlier but fell short of the $7.21 consensus estimate. Higher compensation, research and development, freight and coverage costs pressured earnings and margins. Cummins Q2 Earnings Miss Estimates on High Costs, Revenues Beat

Analyst Ratings Changes

CMI has been the subject of a number of research reports. 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 report on Wednesday. Sanford C. Bernstein reissued a “market perform” rating and issued a $700.00 price objective on shares of Cummins in a research report on Wednesday. Morgan Stanley boosted their price objective on Cummins from $752.00 to $761.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. JPMorgan Chase & Co. upped their target price on Cummins from $600.00 to $725.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Cummins in a research note on Monday. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Cummins presently has an average rating of “Moderate Buy” and a consensus target price of $745.64.

Insider Buying and Selling at Cummins

In other Cummins news, VP Jennifer Mary Bush sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $696.21, for a total transaction of $3,481,050.00. Following the completion of the sale, the vice president owned 11,986 shares in the company, valued at $8,344,773.06. This trade represents a 29.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Donald G. Jackson sold 730 shares of Cummins stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $710.92, for a total value of $518,971.60. Following the sale, the vice president owned 8,316 shares in the company, valued at $5,912,010.72. This represents a 8.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 13,579 shares of company stock valued at $9,377,684. Company insiders own 0.30% of the company’s stock.

Cummins Company Profile

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.