Weekly Investment Analysts’ Ratings Changes for Cummins (CMI)

by · The Markets Daily

A number of research firms have changed their ratings and price targets for Cummins (NYSE: CMI):

  • 10/19/2026 – Cummins had its price target lowered by Barclays PLC from $760.00 to $675.00. They now have an “overweight” rating on the stock.
  • 10/17/2026 – Cummins was downgraded by Wall Street Zen from “buy” to “hold”.
  • 10/12/2026 – Cummins had its price target lowered by Citigroup Inc. from $790.00 to $630.00. They now have a “buy” rating on the stock.
  • 10/8/2026 – Cummins had its price target lowered by Wells Fargo & Company from $874.00 to $760.00. They now have an “overweight” rating on the stock.
  • 10/5/2026 – Cummins had its price target lowered by Truist Financial Corporation from $894.00 to $779.00. They now have a “buy” rating on the stock.
  • 9/30/2026 – Cummins had its price target lowered by UBS Group AG from $835.00 to $741.00. They now have a “buy” rating on the stock.
  • 9/30/2026 – Cummins had its price target lowered by UBS Group AG from $835.00 to $741.00. They now have a “buy” rating on the stock.
  • 9/24/2026 – Cummins had its price target lowered by Bank of America Corporation from $731.00 to $600.00.
  • 9/23/2026 – Cummins had its price target lowered by JPMorgan Chase & Co. from $690.00 to $600.00. They now have a “neutral” rating on the stock.
  • 8/31/2026 – Cummins was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
  • 8/23/2026 – Cummins is now covered by CICC Research. They set an “outperform” rating and a $781.00 price target on the stock.

Cummins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Friday, November 20th will be given a $2.20 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $8.80 annualized dividend and a yield of 1.6%. Cummins’s payout ratio is currently 44.97%.

Insiders Place Their Bets

In other Cummins news, VP Earl Newsome sold 698 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $572.22, for a total value of $399,409.56. Following the completion of the transaction, the vice president owned 4,479 shares in the company, valued at $2,562,973.38. This represents a 13.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.30% of the company’s stock.

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.

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