Rep. Jared Moskowitz Sells Cummins Inc. (NYSE:CMI) Shares

Posted by Ethan Ryder on May 2nd, 2026

Representative Jared Moskowitz (Democratic-Florida) recently sold shares of Cummins Inc. (NYSE:CMI). In a filing disclosed on April 30th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cummins stock on March 31st. The trade occurred in the Representative’s “MORGAN STANLEY ACTIVE ASSETS (1)” account.

Representative Jared Moskowitz also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of Cencora (NYSE:COR) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 3/31/2026.
Sold $15,001 – $50,000 in shares of Qualcomm (NASDAQ:QCOM) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 3/31/2026.
Purchased $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 3/31/2026.

Cummins Price Performance

Shares of CMI opened at $657.42 on Friday. The company has a market cap of $90.83 billion, a price-to-earnings ratio of 32.04, a price-to-earnings-growth ratio of 2.12 and a beta of 1.14. Cummins Inc. has a twelve month low of $290.73 and a twelve month high of $674.75. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $581.03 and a two-hundred day moving average of $536.06.

Cummins (NYSE:CMI – Get Free Report) last announced its earnings results on Thursday, February 5th. The company reported $5.81 earnings per share for the quarter, beating the consensus estimate of $5.17 by $0.64. The company had revenue of $8.54 billion during the quarter, compared to the consensus estimate of $8.09 billion. Cummins had a net margin of 8.44% and a return on equity of 25.71%. Cummins’s revenue was up 1.1% compared to the same quarter last year. During the same period last year, the firm earned $5.16 earnings per share. As a group, analysts predict that Cummins Inc. will post 26.05 earnings per share for the current fiscal year.

Cummins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 20th were paid a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, February 20th. Cummins’s dividend payout ratio (DPR) is 38.99%.

Analyst Upgrades and Downgrades

CMI has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on shares of Cummins from $630.00 to $693.00 and gave the company an “overweight” rating in a research note on Monday, April 13th. Weiss Ratings restated a “buy (b)” rating on shares of Cummins in a research note on Friday, April 10th. Robert W. Baird set a $580.00 target price on shares of Cummins in a research note on Friday, February 6th. Barclays boosted their target price on shares of Cummins from $546.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Finally, Truist Financial upped their price target on shares of Cummins from $703.00 to $730.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $600.27.

Get Our Latest Stock Analysis on Cummins

Insiders Place Their Bets

In other news, VP Earl Newsome sold 1,300 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $583.67, for a total value of $758,771.00. Following the sale, the vice president directly owned 3,389 shares of the company’s stock, valued at $1,978,057.63. This represents a 27.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William I. Miller sold 18,107 shares of the company’s stock in a transaction 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 sale, the director directly owned 34,243 shares in the company, valued at $20,446,495.30. This trade represents a 34.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 31,195 shares of company stock worth $18,397,489. Company insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CMI. Thompson Investment Management Inc. acquired a new position in Cummins during the 4th quarter valued at approximately $26,000. Activest Wealth Management boosted its holdings in shares of Cummins by 537.5% in the 4th quarter. Activest Wealth Management now owns 51 shares of the company’s stock valued at $26,000 after acquiring an additional 43 shares during the last quarter. Cedar Mountain Advisors LLC boosted 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 acquiring an additional 45 shares during the last quarter. Wellington Shields Capital Management LLC purchased a new stake in shares of Cummins in the 4th quarter valued at $27,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of Cummins in the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 83.46% of the company’s stock.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida’s 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 23rd Congressional District. He declared candidacy for the 2026 election.

Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor’s degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz’s career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

About Cummins

(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.