Cummins Inc. (NYSE:CMI - Free Report) - Investment analysts at Zacks Research lowered their Q2 2025 earnings per share estimates for shares of Cummins in a research report issued on Monday, May 19th. Zacks Research analyst R. Singhi now expects that the company will post earnings per share of $4.55 for the quarter, down from their previous estimate of $5.78. The consensus estimate for Cummins' current full-year earnings is $22.54 per share. Zacks Research also issued estimates for Cummins' Q3 2025 earnings at $4.73 EPS, Q4 2025 earnings at $4.74 EPS, FY2025 earnings at $19.98 EPS, Q1 2026 earnings at $5.74 EPS, Q2 2026 earnings at $5.50 EPS, Q3 2026 earnings at $5.99 EPS, Q4 2026 earnings at $5.91 EPS, FY2026 earnings at $23.14 EPS and FY2027 earnings at $24.56 EPS.
Cummins (NYSE:CMI - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported $5.96 EPS for the quarter, topping the consensus estimate of $4.92 by $1.04. The business had revenue of $8.17 billion during the quarter, compared to analysts' expectations of $8.22 billion. Cummins had a return on equity of 27.12% and a net margin of 11.57%. Cummins's revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $5.08 earnings per share.
CMI has been the topic of several other reports. JPMorgan Chase & Co. upped their price objective on Cummins from $308.00 to $320.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Wall Street Zen cut Cummins from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Morgan Stanley raised their price objective on Cummins from $340.00 to $350.00 and gave the company an "overweight" rating in a report on Tuesday, May 6th. Robert W. Baird reduced their price target on Cummins from $407.00 to $315.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Finally, Barclays lifted their price target on shares of Cummins from $310.00 to $381.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $352.17.
Read Our Latest Research Report on CMI
Cummins Stock Performance
Shares of Cummins stock traded down $4.39 during trading on Thursday, reaching $317.40. The company's stock had a trading volume of 507,753 shares, compared to its average volume of 804,349. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.80 and a current ratio of 1.31. The business's fifty day moving average price is $304.38 and its 200-day moving average price is $341.00. The firm has a market cap of $43.72 billion, a price-to-earnings ratio of 11.27, a price-to-earnings-growth ratio of 2.19 and a beta of 1.02. Cummins has a one year low of $260.02 and a one year high of $387.90.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in CMI. Acadian Asset Management LLC boosted its stake in Cummins by 155.8% in the 1st quarter. Acadian Asset Management LLC now owns 43,315 shares of the company's stock worth $13,572,000 after purchasing an additional 26,385 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Cummins by 1.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,065 shares of the company's stock valued at $2,215,000 after purchasing an additional 74 shares in the last quarter. Belpointe Asset Management LLC increased its holdings in shares of Cummins by 13.9% during the 1st quarter. Belpointe Asset Management LLC now owns 2,038 shares of the company's stock valued at $639,000 after purchasing an additional 248 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Cummins by 40.8% during the 1st quarter. Intech Investment Management LLC now owns 3,956 shares of the company's stock valued at $1,240,000 after purchasing an additional 1,146 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of Cummins by 37.6% during the 1st quarter. Focus Partners Wealth now owns 34,639 shares of the company's stock valued at $10,858,000 after purchasing an additional 9,474 shares in the last quarter. Hedge funds and other institutional investors own 83.46% of the company's stock.
Insider Buying and Selling
In other Cummins news, Director John H. Stone acquired 1,000 shares of the stock in a transaction on Friday, May 16th. The stock was acquired at an average price of $332.08 per share, for a total transaction of $332,080.00. Following the completion of the transaction, the director now directly owns 2,441 shares of the company's stock, valued at $810,607.28. This trade represents a 69.40% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is owned by company insiders.
Cummins Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be paid a $1.82 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $7.28 dividend on an annualized basis and a dividend yield of 2.29%. Cummins's dividend payout ratio (DPR) is presently 36.22%.
About Cummins
(
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Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.
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