MASTERINVEST Kapitalanlage GmbH Makes New Investment in Cummins Inc. $CMI

MASTERINVEST Kapitalanlage GmbH acquired a new position in Cummins Inc. (NYSE:CMI) during the second quarter, according to its most recent filing with the SEC. The firm acquired 5,253 shares of the company’s stock, valued at approximately $3,746,000.

Several other hedge funds have also recently made changes to their positions in CMI. BlackRock Inc. purchased a new stake in Cummins in the second quarter worth $8,204,241,000. State Street Corp increased its position in Cummins by 0.8% during the 4th quarter. State Street Corp now owns 6,509,852 shares of the company’s stock valued at $3,322,954,000 after purchasing an additional 49,628 shares during the period. Geode Capital Management LLC increased its position in Cummins by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 3,584,466 shares of the company’s stock valued at $1,822,534,000 after purchasing an additional 35,286 shares during the period. Fisher Asset Management LLC raised its holdings in 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 purchasing an additional 43,722 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Cummins by 10,317.7% in the 4th 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 hedge funds and other institutional investors.

Trending Headlines about Cummins

Here are the key news stories impacting Cummins this week:

• Positive Sentiment: Large battery-storage win expands the AI opportunity. Cummins reportedly secured its largest battery energy-storage-system order for a major U.S. data center. The deal supports the company’s strategy of supplying reliable power for rapidly growing data-center electricity demand and could strengthen the bull case for its Power Systems business. Cummins (CMI) Lands Its Biggest Battery Storage Deal For A Major US Data Center
• Positive Sentiment: AI data-center exposure is becoming a larger growth narrative. A separate analysis argues that Cummins’ battery-storage win may reshape the investment thesis by positioning the company as an infrastructure supplier to AI campuses, rather than solely as a traditional engine manufacturer. Does Cummins’ Landmark AI Data Center BESS Win Reshape The Bull Case For Cummins (CMI)?
• Positive Sentiment: Jefferies maintained its Buy rating. Continued bullish support from Jefferies provides a favorable signal, although the article does not indicate whether the firm changed its price target. Jefferies Sticks to Its Buy Rating for Cummins (CMI)
• Neutral Sentiment: Analysts made mixed EPS revisions. Zacks Research raised estimates for fourth-quarter 2026 EPS to $8.49 from $7.31 and lifted full-year 2026 EPS to $30.09 from $29.28. However, it reduced estimates for second-quarter 2027 EPS to $8.27 from $8.62 and first-quarter 2028 EPS to $8.38 from $9.07. Zacks retained a Hold rating.
• Neutral Sentiment: Finance leadership was reorganized. Cummins appointed Hopkins to a new finance role. The move may improve financial oversight, but no immediate earnings or strategic impact was reported. Cummins Appoints Hopkins to New Finance Role
• Negative Sentiment: An executive stock sale adds a modest overhang. Vice President Earl Newsome sold 698 shares worth approximately $399,410, reducing his direct holdings by 13.48%. A single insider sale is not necessarily a signal about fundamentals, but it can weigh on sentiment.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on CMI shares. Raymond James Financial lifted their target price on shares of Cummins from $675.00 to $745.00 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. Robert W. Baird set a $700.00 price target on shares of Cummins in a research note on Wednesday, May 6th. Argus raised their price objective on shares of Cummins from $696.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Zacks Research cut Cummins from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. upped their target price on Cummins from $600.00 to $725.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $745.64.

Insider Activity

In other news, VP Earl Newsome sold 698 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $572.22, for a total value of $399,409.56. Following the sale, the vice president directly owned 4,479 shares of the company’s stock, valued at $2,562,973.38. The trade was a 13.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.30% of the company’s stock.

Cummins Stock Down 0.7%

NYSE:CMI opened at $574.06 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.73 and a quick ratio of 1.13. The firm’s 50-day moving average price is $650.49 and its 200-day moving average price is $628.35. The company has a market capitalization of $79.02 billion, a PE ratio of 29.33, a P/E/G ratio of 1.38 and a beta of 1.24. Cummins Inc. has a 1-year low of $389.52 and a 1-year high of $737.76.

Cummins (NYSE:CMI) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $6.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.21 by ($0.48). Cummins had a net margin of 7.82% and a return on equity of 25.29%. The business had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.33 billion. During the same period last year, the business earned $6.43 earnings per share. The company’s revenue was up 9.4% on a year-over-year basis. On average, equities analysts predict that Cummins Inc. will post 30.06 EPS 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 issued a dividend of $2.20 per share. The ex-dividend date is Friday, August 21st. This is a positive change from Cummins’s previous quarterly dividend of $2.00. This represents a $8.80 annualized dividend and a dividend yield of 1.5%. Cummins’s dividend payout ratio (DPR) is 44.97%.

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.