Representative Julia Letlow (Republican-Louisiana) recently bought shares of Cummins Inc. NYSE: CMI. In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cummins stock on February 4th. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account.
Representative Julia Letlow also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of HF Sinclair NYSE: DINO on 2/20/2026.
- Sold $1,001 - $15,000 in shares of BXP NYSE: BXP on 2/20/2026.
- Purchased $1,001 - $15,000 in shares of Travelers Companies NYSE: TRV on 2/20/2026.
- Sold $1,001 - $15,000 in shares of Expand Energy NASDAQ: EXE on 2/17/2026.
- Sold $1,001 - $15,000 in shares of Public Service Enterprise Group NYSE: PEG on 2/17/2026.
- Purchased $1,001 - $15,000 in shares of Vistra NYSE: VST on 2/17/2026.
- Purchased $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 2/12/2026.
- Sold $1,001 - $15,000 in shares of Icon NASDAQ: ICLR on 2/12/2026.
- Purchased $1,001 - $15,000 in shares of Extra Space Storage NYSE: EXR on 2/12/2026.
- Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 2/12/2026.
Cummins Trading Up 1.0%
NYSE:CMI opened at $553.80 on Wednesday. The stock has a market cap of $76.51 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 1.74 and a beta of 1.12. Cummins Inc. has a 52 week low of $260.02 and a 52 week high of $617.98. 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's 50 day moving average price is $573.30 and its 200-day moving average price is $503.75.
Cummins (NYSE:CMI - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $5.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.17 by $0.64. Cummins had a net margin of 8.44% and a return on equity of 25.71%. The firm had revenue of $8.54 billion for the quarter, compared to the consensus estimate of $8.09 billion. During the same quarter last year, the firm posted $5.16 EPS. The business's quarterly revenue was up 1.1% compared to the same quarter last year. On average, equities research analysts forecast that Cummins Inc. will post 22.54 earnings per share for the current fiscal year.
Cummins Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 20th were paid a dividend of $2.00 per share. The ex-dividend date was Friday, February 20th. This represents a $8.00 dividend on an annualized basis and a yield of 1.4%. Cummins's payout ratio is presently 38.99%.
Hedge Funds Weigh In On Cummins
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nicolet Advisory Services LLC lifted its holdings in shares of Cummins by 1.6% in the 4th quarter. Nicolet Advisory Services LLC now owns 1,101 shares of the company's stock worth $619,000 after acquiring an additional 17 shares during the last quarter. Frank Rimerman Advisors LLC grew its holdings in Cummins by 0.5% during the 4th quarter. Frank Rimerman Advisors LLC now owns 3,738 shares of the company's stock valued at $1,908,000 after purchasing an additional 18 shares during the last quarter. Financial Consulate Inc. raised its position in Cummins by 16.8% in the 4th quarter. Financial Consulate Inc. now owns 125 shares of the company's stock worth $64,000 after purchasing an additional 18 shares during the period. ICW Investment Advisors LLC raised its position in Cummins by 2.6% in the 4th quarter. ICW Investment Advisors LLC now owns 723 shares of the company's stock worth $369,000 after purchasing an additional 18 shares during the period. Finally, Gilbert & Cook Inc. lifted its stake in Cummins by 1.0% in the fourth quarter. Gilbert & Cook Inc. now owns 1,856 shares of the company's stock worth $947,000 after purchasing an additional 19 shares during the last quarter. 83.46% of the stock is owned by institutional investors.
Insider Activity at Cummins
In other Cummins news, VP Amy Rochelle Davis sold 4,054 shares of the company's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $561.34, for a total value of $2,275,672.36. Following the transaction, the vice president directly owned 15,807 shares in the company, valued at $8,873,101.38. This represents a 20.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William I. Miller sold 18,107 shares of Cummins stock in a transaction that occurred 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 sale, the director directly owned 34,243 shares of the company's stock, valued at $20,446,495.30. This represents a 34.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,195 shares of company stock worth $18,397,489 over the last quarter. 0.41% of the stock is owned by insiders.
Analyst Ratings Changes
A number of research analysts have weighed in on CMI shares. Barclays upped their target price on shares of Cummins from $546.00 to $610.00 and gave the company an "overweight" rating in a report on Friday, January 23rd. Wolfe Research downgraded shares of Cummins from an "outperform" rating to a "peer perform" rating and set a $540.00 price objective for the company. in a research report on Monday, January 26th. UBS Group set a $565.00 price objective on Cummins and gave the stock a "neutral" rating in a research note on Friday, February 6th. JPMorgan Chase & Co. raised their target price on Cummins from $485.00 to $580.00 and gave the stock a "neutral" rating in a report on Wednesday, January 14th. Finally, Truist Financial reiterated a "buy" rating and set a $703.00 target price (up from $653.00) on shares of Cummins in a research report on Friday, February 6th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $588.93.
Read Our Latest Stock Analysis on Cummins
About Representative Letlow
Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana's 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.
Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana's 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.
Julia Letlow earned a doctorate. Letlow's career experience includes working as a senior administrator with the University of Louisiana at Monroe.
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.
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