Cummins Inc. $CMI Stock Holdings Raised by Fulcrum Wealth Advisors LLC

18 Oct 2026, 05:29 by Scott Moore · The Cerbat Gem

Fulcrum Wealth Advisors LLC grew its position in Cummins Inc. (NYSE:CMI – Free Report) by 611.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 16,264 shares of the company’s stock after acquiring an additional 13,979 shares during the quarter. Cummins comprises about 5.7% of Fulcrum Wealth Advisors LLC’s holdings, making the stock its 4th largest position. Fulcrum Wealth Advisors LLC’s holdings in Cummins were worth $8,401,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Cedar Mountain Advisors LLC increased its holdings in shares of Cummins by 1,500.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 48 shares of the company’s stock valued at $26,000 after acquiring an additional 45 shares during the period. Persistent Asset Partners Ltd purchased a new stake in Cummins in the 2nd quarter valued at $26,000. Key Financial Inc raised its position in Cummins by 62.5% in the 1st quarter. Key Financial Inc now owns 52 shares of the company’s stock valued at $28,000 after purchasing an additional 20 shares during the last quarter. Elevation Wealth Partners LLC boosted its stake in Cummins by 91.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 46 shares of the company’s stock worth $33,000 after purchasing an additional 22 shares during the period. Finally, Steph & Co. boosted its stake in Cummins by 112.9% during the 1st quarter. Steph & Co. now owns 66 shares of the company’s stock worth $36,000 after purchasing an additional 35 shares during the period. 83.46% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Cummins news, VP Earl Newsome sold 698 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $572.22, for a total value of $399,409.56. Following the transaction, the vice president directly owned 4,479 shares of the company’s stock, valued at approximately $2,562,973.38. The trade was a 13.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CMI. Wells Fargo & Company lowered their price objective on shares of Cummins from $874.00 to $760.00 and set an “overweight” rating on the stock in a research report on Thursday, October 8th. Sanford C. Bernstein restated a “market perform” rating and issued a $700.00 price objective on shares of Cummins in a research note on Wednesday, August 5th. Citigroup reduced their target price on shares of Cummins from $790.00 to $630.00 and set a “buy” rating for the company in a report on Monday, October 12th. Morgan Stanley increased their target price on shares of Cummins from $752.00 to $761.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Cummins from $690.00 to $600.00 and set a “neutral” rating for the company in a research note on Wednesday, September 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $708.18.

Get Our Latest Research Report on CMI

Cummins Trading Down 0.4%

Shares of CMI stock opened at $530.72 on Friday. The business’s 50 day moving average is $555.86 and its two-hundred day moving average is $619.86. Cummins Inc. has a twelve month low of $405.82 and a twelve month high of $737.76. The company has a market capitalization of $73.06 billion, a P/E ratio of 27.12, a price-to-earnings-growth ratio of 1.40 and a beta of 1.24. The company has a current ratio of 1.73, a quick ratio of 1.13 and a debt-to-equity ratio of 0.48.

Cummins (NYSE:CMI – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $6.73 EPS for the quarter, missing the consensus estimate of $7.21 by ($0.48). Cummins had a return on equity of 25.29% and a net margin of 7.82%. The company had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.33 billion. During the same quarter last year, the company earned $6.43 EPS. Cummins’s revenue for the quarter was up 9.4% compared to the same quarter last year. Equities analysts forecast that Cummins Inc. will post 29.98 EPS for the current year.

Cummins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Friday, November 20th will be given a $2.20 dividend. This represents a $8.80 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, November 20th. Cummins’s dividend payout ratio (DPR) is 44.97%.

Cummins Profile

(Free Report)

Cummins Inc is a global power technology company headquartered in Columbus, Indiana. Founded in 1919, the company designs, manufactures, sells and services engines and power systems for commercial vehicles, industrial equipment, mining, construction, agriculture, marine applications and other markets.

Cummins’ product portfolio includes diesel and natural gas engines, generators and other power-generation equipment, as well as fuel systems, filtration products, emissions-control systems, turbochargers and drivetrain components.