Cummins (NYSE:CMI) Stock Unloaded Rep. Jared Moskowitz

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 Trading Down 2.0%

Shares of CMI stock opened at $657.42 on Friday. The stock has a market cap of $90.83 billion, a price-to-earnings ratio of 32.04, a PEG ratio of 2.12 and a beta of 1.14. The stock has a 50-day moving average of $581.03 and a 200-day moving average of $536.06. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.51. Cummins Inc. has a 1-year low of $290.73 and a 1-year high of $674.75.

Cummins (NYSE:CMI - Get Free Report) last issued its quarterly 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 analysts' expectations of $8.09 billion. Cummins had a return on equity of 25.71% and a net margin of 8.44%.The business's quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.16 earnings per share. On average, equities research analysts forecast that Cummins Inc. will post 26.05 earnings per share for the current year.

Cummins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 20th were paid a $2.00 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $8.00 annualized dividend and a dividend yield of 1.2%. Cummins's dividend payout ratio is presently 38.99%.

Analysts Set New Price Targets

CMI has been the subject of several recent research reports. Raymond James Financial increased their price target on Cummins from $585.00 to $675.00 and gave the company an "outperform" rating in a research note on Monday, February 9th. Citigroup raised their target price on Cummins from $630.00 to $710.00 and gave the stock a "buy" rating in a research note on Monday, April 13th. Wolfe Research cut Cummins from an "outperform" rating to a "peer perform" rating and set a $540.00 target price for the company. in a research note on Monday, January 26th. Wall Street Zen cut Cummins from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 8th. Finally, Wells Fargo & Company raised their target price on Cummins from $630.00 to $693.00 and gave the stock an "overweight" rating in a research note on Monday, April 13th. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $600.27.

Insider Transactions at Cummins

In other news, VP Amy Rochelle Davis sold 4,054 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $561.34, for a total value of $2,275,672.36. Following the transaction, the vice president owned 15,807 shares in the company, valued at $8,873,101.38. This trade represents a 20.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Donald G. Jackson sold 1,600 shares of Cummins stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $600.13, for a total value of $960,208.00. Following the transaction, the vice president directly owned 7,214 shares in the company, valued at approximately $4,329,337.82. The trade was a 18.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 31,195 shares of company stock valued at $18,397,489. Company insiders own 0.30% of the company's stock.

Institutional Investors Weigh In On Cummins

A number of hedge funds have recently added to or reduced their stakes in CMI. Northwestern Mutual Wealth Management Co. grew its stake in Cummins by 10,317.7% in 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 acquiring an additional 2,434,876 shares during the period. Norges Bank acquired a new stake in Cummins in the fourth quarter valued at approximately $863,441,000. Boston Partners acquired a new stake in Cummins in the third quarter valued at approximately $473,471,000. London Co. of Virginia acquired a new stake in Cummins in the third quarter valued at approximately $231,732,000. Finally, SG Americas Securities LLC grew its stake in Cummins by 257.9% in the first 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. 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.

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.

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