Weybosset Research & Management LLC Has $20.07 Million Stock Holdings in Cummins Inc. $CMI

20 Mar 2026, 08:48 by Teresa Graham · The Cerbat Gem

Weybosset Research & Management LLC decreased its position in shares of Cummins Inc. (NYSE:CMI – Free Report) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,315 shares of the company’s stock after selling 1,080 shares during the period. Cummins accounts for about 6.2% of Weybosset Research & Management LLC’s investment portfolio, making the stock its 6th largest position. Weybosset Research & Management LLC’s holdings in Cummins were worth $20,068,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Flagship Wealth Advisors LLC bought a new position in shares of Cummins in the third quarter worth approximately $28,000. Osterweis Capital Management Inc. bought a new stake in shares of Cummins during the 2nd quarter valued at $31,000. Holos Integrated Wealth LLC bought a new stake in shares of Cummins during the 4th quarter valued at $32,000. Guerra Advisors Inc purchased a new position in shares of Cummins during the 3rd quarter valued at $36,000. Finally, Salomon & Ludwin LLC lifted its stake in shares of Cummins by 1,333.3% during the 3rd quarter. Salomon & Ludwin LLC now owns 86 shares of the company’s stock valued at $37,000 after buying an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 83.46% of the company’s stock.

Wall Street Analysts Forecast Growth

CMI has been the subject of a number of analyst reports. Barclays increased their price target on Cummins from $546.00 to $610.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Raymond James Financial upped their price objective on Cummins from $585.00 to $675.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. UBS Group set a $565.00 target price on Cummins and gave the stock a “neutral” rating in a research report on Friday, February 6th. Wolfe Research downgraded Cummins from an “outperform” rating to a “peer perform” rating and set a $540.00 target price on the stock. in a research note on Monday, January 26th. Finally, Zacks Research cut Cummins from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $588.93.

Read Our Latest Analysis on Cummins

Cummins Stock Performance

NYSE:CMI opened at $538.94 on Friday. The company has a market cap of $74.46 billion, a price-to-earnings ratio of 26.26, a PEG ratio of 1.72 and a beta of 1.12. Cummins Inc. has a 1 year low of $260.02 and a 1 year high of $617.98. The stock’s 50 day simple moving average is $574.25 and its two-hundred day simple moving average is $499.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.76 and a quick ratio of 1.16.

Cummins (NYSE:CMI – Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $5.81 EPS for the quarter, beating analysts’ consensus estimates of $5.17 by $0.64. Cummins had a return on equity of 25.71% and a net margin of 8.44%.The firm had revenue of $8.54 billion during the quarter, compared to the consensus estimate of $8.09 billion. During the same period in the prior year, the company earned $5.16 EPS. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. As a group, equities analysts anticipate that Cummins Inc. will post 22.54 earnings per share for the current fiscal year.

Cummins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 20th were given a dividend of $2.00 per share. The ex-dividend date was Friday, February 20th. This represents a $8.00 annualized dividend and a yield of 1.5%. Cummins’s dividend payout ratio (DPR) is 38.99%.

Insiders Place Their Bets

In related news, VP Earl Newsome sold 1,300 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $583.67, for a total value of $758,771.00. Following the completion of the transaction, the vice president owned 3,389 shares of the company’s stock, valued at approximately $1,978,057.63. This trade represents a 27.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William I. Miller sold 18,107 shares of Cummins stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $597.10, for a total value of $10,811,689.70. Following the completion of the transaction, the director owned 34,243 shares of the company’s stock, valued at approximately $20,446,495.30. This represents a 34.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 31,195 shares of company stock worth $18,397,489. Insiders own 0.41% of the company’s stock.

Cummins Profile

(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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