Cummins
CMI
Market cap $46.1B

336.07 USD

+3.22

0.97%

At close Oct 11, 4:00 PM EDT

After hours

336.07

+0.00

0.00%

1 day

0.97%

5 days

1.62%

1 month

14.56%

3 months

20.01%

6 months

10.97%

Year to date

39.34%

1 year

46.09%

5 years

106.48%

About: Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway machinery, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

Employees: 75,500

Industrials Engines & Turbines

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

59% more call options, than puts

Call options by funds: $347M | Put options by funds: $218M

25% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 96

2% more funds holding

Funds holding: 1,342 [Q1] → 1,366 (+24) [Q2]

1.44% more ownership

Funds ownership: 83.69% [Q1] → 85.13% (+1.44%) [Q2]

6% more repeat investments, than reductions

Existing positions increased: 512 | Existing positions reduced: 483

8% less capital invested

Capital invested by funds: $35B [Q1] → $32.3B (-$2.7B) [Q2]

44% less funds holding in top 10

Funds holding in top 10: 18 [Q1] → 10 (-8) [Q2]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$285

15%

downside

Avg. target

$330

2%

downside

High target

$375

12%

upside

8 analyst ratings

1 positive

13%

5 neutral

63%

2 negative

25%

JP Morgan Tami Zakaria 56% 1-year accuracy 15 / 27 met price target	1%upside $340	Underweight Maintained	11 Oct 2024
Citigroup Kyle Menges 100% 1-year accuracy 3 / 3 met price target	12%upside $375	Buy Maintained	9 Oct 2024
Truist Securities Jamie Cook 82% 1-year accuracy 49 / 60 met price target	10%upside $371	Hold Maintained	9 Oct 2024
Evercore ISI Group David Raso 54% 1-year accuracy 7 / 13 met price target	13%downside $294	In-Line Maintained	19 Aug 2024
Barclays Adam Seiden 71% 1-year accuracy 10 / 14 met price target	8%downside $310	Equal-Weight Maintained	5 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about CMI published over the past 30 days

Inszone Insurance Services Welcomes Cummins Insurance, Further Expanding Bond Market

SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its acquisition of Cummins Insurance, a respected agency with deep roots in the insurance industry. Cummins Insurance was originally founded in 1972 by Glen Cummins. Over the years, Glen's children—Debbie, DeAnna, and Dan—joined the family business, each contributing their unique skills to its growth. Debbie, the eldest, beg.

Inszone Insurance Services Welcomes Cummins Insurance, Further Expanding Bond Market

Zacks Investment Research

These 2 Auto, Tires and Trucks Stocks Could Beat Earnings: Why They Should Be on Your Radar

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

These 2 Auto, Tires and Trucks Stocks Could Beat Earnings: Why They Should Be on Your Radar

Zacks Investment Research

Cummins (CMI) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

Cummins (CMI) is a Top Dividend Stock Right Now: Should You Buy?

Cummins: Solid Fundamentals And Undervalued

Cummins Inc. is a global leader in industrial power systems, focusing on diesel, natural gas, electric, and hybrid powertrains, with a strong technical superiority. CMI's strategy involves leveraging its fossil fuel-based business to fund its transition to zero-emission technologies, aiming for a $100 billion market by FY2030. Despite legal disputes and cyclical market challenges, CMI maintains solid fundamentals, high reinvestment efficiency, and a competitive edge, making it a strong investment.

Cummins: Solid Fundamentals And Undervalued

Cummins: The Compounder Everyone Seems To Ignore

Cummins Inc is a leader in engine and power generation manufacturing, has shown consistent financial performance, growing at a CAGR of 13.6% since the Financial Crisis. Q2'24 results were strong, with revenue and EPS beating estimates, highlighting resilience despite industry headwinds, especially in the trucking sector. I think Cummins is well-positioned for future growth due to emissions regulations and increasing demand for electrification and alternative energy solutions.

Cummins: The Compounder Everyone Seems To Ignore

Zacks Investment Research

This is Why Cummins (CMI) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

This is Why Cummins (CMI) is a Great Dividend Stock

Cummins: A Blue-Chip Dividend Stock To Buy Now

Shares of Cummins have rallied in the last three months as the S&P 500 has been flat. The company's revenue climbed to a record in the second quarter, and diluted EPS grew as well. CMI's balance sheet strength remains sufficient to support an A credit rating from S&P.

Cummins: A Blue-Chip Dividend Stock To Buy Now

Dividend Income Summary: Lanny's August 2024 Summary

Investing in dividend stocks allows you to earn dividend income, the best passive income stream. In August, we (my wife and I) received a dividend income total of $1,415.47. 2023 was up 24%. Eight months down in 2024 and the S&P 500 is still up 14%, despite the recent sell-offs. Unemployment is starting to tick up recently.

Dividend Income Summary: Lanny's August 2024 Summary

Diesel Common Rail Injection System Global Business Report 2023-2030 Featuring Continental, Cummins, Delphi Technologies, Denso, and Robert Bosch

Dublin, Aug. 30, 2024 (GLOBE NEWSWIRE) -- The "Diesel Common Rail Injection System - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Diesel Common Rail Injection System was estimated at US$24.4 Billion in 2023 and is projected to reach US$34.1 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The diesel common rail injection system represents a significant advancement in the field of diesel engine technology, known for enhancing engine performance and efficiency while reducing harmful emissions. This system utilizes a common rail that maintains fuel at high pressure, ready to be injected as the engine requires. Technological Innovations Driving Advances in Common Rail Systems The evolution of diesel common rail injection technology has been marked by significant innovations aimed at optimizing engine efficiency and minimizing environmental impact. One of the key advancements is the increase in the pressure at which the fuel can be injected, which now reaches up to 2,500 bar in the latest systems. This high-pressure injection leads to finer atomization of fuel, more complete combustion, and, consequently, greater efficiency and cleaner emissions.

Diesel Common Rail Injection System Global Business Report 2023-2030 Featuring Continental, Cummins, Delphi Technologies, Denso, and Robert Bosch

Zacks Investment Research

Insider Selling at Cummins (CMI): Time to Exit the Stock?

Sharon Barner's recent share sale doesn't necessarily signal doubt in Cummins' (CMI) future. With solid fundamentals and a focus on long-term growth, we recommend holding CMI stock.

Insider Selling at Cummins (CMI): Time to Exit the Stock?

See News Rankings

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