Cummins (NYSE:CMI) Sets New 12-Month High – What’s Next?

21 Jan 2026, 19:08 by Scott Moore · The Cerbat Gem

Cummins Inc. (NYSE:CMI – Get Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as $584.70 and last traded at $580.2980, with a volume of 499966 shares. The stock had previously closed at $565.80.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CMI shares. Sanford C. Bernstein reiterated a “market perform” rating and issued a $475.00 target price on shares of Cummins in a research report on Friday, November 7th. Barclays reiterated a “positive” rating on shares of Cummins in a report on Friday, December 19th. Citigroup raised their price target on Cummins from $580.00 to $630.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. UBS Group upgraded Cummins from a “sell” rating to a “neutral” rating in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. increased their price objective on Cummins from $485.00 to $580.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Cummins has an average rating of “Moderate Buy” and a consensus price target of $514.00.

View Our Latest Analysis on CMI

Cummins Trading Up 2.8%

The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.11 and a current ratio of 1.77. The stock has a market capitalization of $80.27 billion, a P/E ratio of 30.18, a price-to-earnings-growth ratio of 2.03 and a beta of 1.12. The stock has a 50-day moving average price of $514.41 and a two-hundred day moving average price of $441.01.

Cummins (NYSE:CMI – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $5.59 EPS for the quarter, topping analysts’ consensus estimates of $4.83 by $0.76. The company had revenue of $8.32 billion during the quarter, compared to analyst estimates of $7.97 billion. Cummins had a return on equity of 26.02% and a net margin of 7.95%.The firm’s revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.86 earnings per share. On average, research analysts forecast that Cummins Inc. will post 22.54 EPS for the current fiscal year.

Insider Activity

In other Cummins news, CEO Jennifer Rumsey sold 4,570 shares of Cummins stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $473.89, for a total transaction of $2,165,677.30. Following the sale, the chief executive officer directly owned 42,880 shares of the company’s stock, valued at approximately $20,320,403.20. The trade was a 9.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Mark Andrew Smith sold 13,110 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $470.66, for a total value of $6,170,352.60. Following the completion of the transaction, the chief financial officer directly owned 31,582 shares of the company’s stock, valued at $14,864,384.12. This represents a 29.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 19,330 shares of company stock valued at $9,135,364. Corporate insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On Cummins

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Thompson Investment Management Inc. purchased a new position in Cummins during the fourth quarter valued at $26,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Cummins in the 3rd quarter worth about $28,000. Osterweis Capital Management Inc. bought a new position in shares of Cummins in the 2nd quarter worth about $31,000. Holos Integrated Wealth LLC purchased a new position in Cummins during the 4th quarter valued at about $32,000. Finally, Guerra Advisors Inc bought a new stake in Cummins during the third quarter worth about $36,000. 83.46% of the stock is owned by hedge funds and other institutional investors.

Cummins Company Profile

(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.