Market Cap
$71.1B
CMI
CUMMINS INC
$526.01 ▲ +1.74%
Prev close $517.00Market cap$71.1B
ConsensusBuy
12-mo target$741.26 (+40.9%)
▲ Bullish
Analyst conviction 7/10
Insider Selling Cluster (7 insiders)High Impact Filing (7/10)35 New Institutional Positions15 Institutional Exits Industrials & Manufacturing
Snapshot
The big-picture read on CMI right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Buy (68%)
Inst. Holders
50 funds
Inst. Value
$61.2B
Inst. Activity
35 buys / 15 sells
Insider Activity
$0.00 buy / $12.5M sell
Insider Net $
-$12.5M
SEC Reports
12
Congressional
3 trades
Price chart 30d -4.5%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: CMI — 57.6% short (0.4M / 0.7M)
Short: 414,299 | Exempt: 1 | TRF Vol: 719,317 | Short Ratio: 57.6% | Off-exchange volume (dark pool
Aug 24, 2026 Insider
Aug 4, 2026 SEC Newsome Earl sold 698 shares
VP - Chief Information Officer @ $572.22 ($399.4K)
Cummins reported record Q2 2026 revenue of $9.5B (+9% YoY) and GAAP diluted EPS of $6.73, missing consensus estimates of
8-K — Impact 6/10
Jun 30, 2026 Inst.
NORGES BANK — NEW
1,779,281 shares ($1.3B)
Jun 30, 2026 Inst.
May 19, 2026 SEC Bank of New York — ADD
1,364,532 shares ($973.2M)
Two Cummins insiders sold a combined $92K in open-market transactions over a 7-day window, representing ~0.0001% of the
CLUSTER — Impact 2/10
May 19, 2026 Insider
May 14, 2026 SEC Merritt Brett Michael gifted 218 shares
V.P & Pres. - Engine Business
Six Cummins insiders, including the EVP of Operations and the President of Engine Business, sold a total of ~$1.74M in o
CLUSTER — Impact 3/10
Analyst ratings buy % +15.3%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
68% rate it Buy or better · 28 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 30, 2026 | UBS | MAINTAIN | Buy | 55% |
| Sep 23, 2026 | JP Morgan | MAINTAIN | Neutral | 55% |
| Aug 11, 2026 | Evercore ISI Group | MAINTAIN | Outperform | 59% |
| Aug 5, 2026 | UBS | MAINTAIN | Buy | 55% |
| Jul 17, 2026 | Morgan Stanley | MAINTAIN | Overweight | 55% |
| Jul 14, 2026 | Citigroup | MAINTAIN | Buy | 55% |
| Jul 2, 2026 | Truist Securities | MAINTAIN | Buy | 55% |
| Jun 17, 2026 | Wells Fargo | MAINTAIN | Overweight | 54% |
| Jun 8, 2026 | UBS | UPGRADE | Buy | 55% |
| Jun 1, 2026 | Argus Research | MAINTAIN | Buy | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 5 | 14 | 9 | 0 | 0 | 68% | |
| Aug 1, 2026 | 5 | 13 | 9 | 0 | 0 | 67% | |
| Jul 1, 2026 | 5 | 13 | 10 | 0 | 0 | 64% | |
| Jun 1, 2026 | 5 | 12 | 11 | 0 | 0 | 61% | |
| May 1, 2026 | 5 | 11 | 12 | 0 | 0 | 57% | |
| Apr 1, 2026 | 5 | 10 | 12 | 0 | 0 | 56% | |
| Mar 1, 2026 | 5 | 11 | 11 | 0 | 0 | 59% | |
| Feb 1, 2026 | 5 | 10 | 12 | 0 | 0 | 56% |
Price targets
Where 20 covering analysts think CMI trades over the next 12 months.
$741.26 +40.9% upside Strong Buy
Current$526.09 Low$530.00 Median$760.50 High$894.00 20 analysts
$530.00$894.00
Analyst rating Buy· 1.9/5 as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
12 SEC filing reports analyzed · 1 bullish, 0 bearish, 1 mixed, 10 neutral · avg impact 3.3/10.
MIXED8-K6/10
Cummins reported record Q2 2026 revenue of $9.5B (+9% YoY) and GAAP diluted EPS of $6.73, missing co
Aug 4, 2026
NEUTRALCLUSTER2/10
Two Cummins insiders sold a combined $92K in open-market transactions over a 7-day window, represent
May 19, 2026
NEUTRALCLUSTER3/10
Six Cummins insiders, including the EVP of Operations and the President of Engine Business, sold a t
May 14, 2026
NEUTRALCLUSTER3/10
Seven Cummins insiders sold a total of ~$1.80M in open-market sales over a 7-day window following th
May 14, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: CMI — 57.6% short (0.4M / 0.7M)
Short: 414,299 | Exempt: 1 | TRF Vol: 719,317 | Short Ratio: 57.6% | Off-exchange volume (dark pool + OTC)
Sep 7, 2026
dark_pool
Dark Pool: CMI — 1.2M shares, 47,983 trades
Week starting 2026-09-07. Total ATS volume: 1,190,400 shares across 47,983 trades.
Aug 31, 2026
short_interest_report
Short Interest: CMI up 46% to 3.2M shares
Settlement 2026-08-31 | Days to cover: 3.57 | ≈2.34% of shares outstanding (est.)
Aug 31, 2026
dark_pool
Dark Pool: CMI — 1.9M shares, 74,854 trades
Week starting 2026-08-31. Total ATS volume: 1,933,524 shares across 74,854 trades.
Aug 24, 2026
dark_pool
Dark Pool: CMI — 1.3M shares, 59,342 trades
Week starting 2026-08-24. Total ATS volume: 1,318,628 shares across 59,342 trades.
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $8.41 | $8.02–$8.94 | 117.9% | +0.1% | 4↑ 1↓ | $9.9B | 9 |
| Next Q | $8.57 | $8.03–$9.00 | 100.7% | +0.3% | 5↑ 0↓ | $10.0B | 9 |
| Current FY | $28.60 | $25.97–$30.53 | 39.5% | +0.1% | 4↑ 2↓ | $37.7B | 13 |
| Next FY | $33.73 | $27.22–$37.26 | 18.0% | +0.0% | 8↑ 0↓ | $41.1B | 14 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $8.411 | — |
| 7d ago | $8.411 | +0.001 |
| 30d ago | $8.400 | +0.011 |
| 60d ago | $7.819 | +0.593 |
| 90d ago | $7.726 | +0.686 |
Institutional ownership
Which big funds own CMI (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $61.2B total value (85,867,154 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, VANGUARD. Net buying activity: 35 institutions added/increased vs 15 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 11,503,261 | $8.2B | 13.4% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 9,010,359 | $6.4B | 10.5% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7,534,991 | $5.4B | 8.8% | — |
| STATE STREET CORP | 6,908,874 | $4.9B | 8.1% | — |
| FMR LLC | 6,085,944 | $4.3B | 7.1% | — |
| Fisher Asset Management, LLC | 3,595,361 | $2.6B | 4.2% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 3,229,444 | $2.3B | 3.7% | — |
| MORGAN STANLEY | 3,107,922 | $2.2B | 3.6% | — |
| BANK OF AMERICA CORP /DE/ | 1,974,668 | $1.4B | 2.3% | — |
| NORGES BANK | 1,779,281 | $1.3B | 2.1% | NEW |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 1,779,281 | — | $1.3B |
| Bank of New York Mellon Corp | ADD | 978,409 | 1,364,532 | +39.5% | $973.2M |
| Nuveen, LLC | ADD | 711,528 | 1,104,087 | +55.2% | $787.4M |
| Robeco Institutional Asset Management B.V. | DOUBLED | 456,120 | 964,675 | +111.5% | $688.0M |
| JPMORGAN CHASE & CO | ADD | 665,350 | 929,328 | +39.7% | $642.3M |
| UBS Group AG | ADD | 576,430 | 801,711 | +39.1% | $571.8M |
| AMERIPRISE FINANCIAL INC | ADD | 382,379 | 702,148 | +83.6% | $500.8M |
| STIFEL FINANCIAL CORP | TRIM | 840,971 | 593,509 | -29.4% | $423.3M |
| First Eagle Investment Management, LLC | TRIM | 767,231 | 536,868 | -30.0% | $382.9M |
| WELLINGTON MANAGEMENT GROUP LLP | DOUBLED | 144,137 | 495,047 | +243.5% | $353.1M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
23 insiders, 50 transactions. Net -$12.5M — $0.00 bought, $12.5M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 24, 2026 | Newsome Earl | VP - Chief Information Officer | SELL | 698 | $572.22 | $399.4K |
| May 19, 2026 | Merritt Brett Michael | V.P & Pres. - Engine Business | GIFT | 218 | — | — |
| May 14, 2026 | JACKSON DONALD G | VP - Treasury & Tax | SELL | 90 | $712.70 | $64.1K |
| May 14, 2026 | JACKSON DONALD G | VP - Treasury & Tax | SELL | 160 | $711.61 | $113.9K |
| May 14, 2026 | JACKSON DONALD G | VP - Treasury & Tax | SELL | 480 | $710.36 | $341.0K |
| May 13, 2026 | Stoner Nathan R | VP - China ABO | GIFT | 600 | — | — |
| May 13, 2026 | Fetch Bonnie J | EVP & President - Operations | GIFT | 155 | — | — |
| May 12, 2026 | Bush Jennifer Mary | VP & Pres. - Power Systems | SELL | 1,799 | $697.29 | $1.3M |
| May 12, 2026 | Bush Jennifer Mary | VP & Pres. - Power Systems | SELL | 1,158 | $695.21 | $805.1K |
| May 12, 2026 | Bush Jennifer Mary | VP & Pres. - Power Systems | SELL | 940 | $694.13 | $652.5K |
Congressional trades
CMI trades disclosed by members of Congress, with disclosure delay.
3 members · 2 buys / 1 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Mar 31, 2026 | Jared Moskowitz | D | HOUSE | SELL | $1,001 - $15,000 | Cummins Inc | May 1, 2026(32d) |
| Feb 5, 2026 | Joshua Gottheimer | D | HOUSE | BUY | $1,001 - $15,000 | Cummins Inc | Mar 17, 2026(41d) |
| Feb 4, 2026 | Julia Letlow | R | HOUSE | BUY | $1,001 - $15,000 | Cummins Inc | Mar 13, 2026(38d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for CMI.
Shares short
3,630,523
Settlement Sep 15, 2026
Change vs prior
+12.8%
Semi-monthly cycle
Days to cover
3.2
At avg daily volume
Of shares outstanding
≈2.6%
Estimate — not % of float
All CMI filing & press-release reports (12)
- 8-K reportAug 4, 2026
- CLUSTER reportMay 19, 2026
- CLUSTER reportMay 14, 2026
- CLUSTER reportMay 14, 2026
- CLUSTER reportMay 13, 2026
- CLUSTER reportMay 13, 2026
- CLUSTER reportMay 13, 2026
- CLUSTER reportMay 13, 2026
- CLUSTER reportMay 13, 2026
- CLUSTER reportMay 11, 2026
- CLUSTER reportMay 11, 2026
- 8-K reportMay 5, 2026