Recent Research Analysts’ Ratings Changes for Cummins (CMI)
by Jessica Moore · The Cerbat GemA number of firms have modified their ratings and price targets on shares of Cummins (NYSE: CMI) recently:
- 5/6/2026 – Cummins was given a new $815.00 price target by Truist Financial Corporation.
- 5/6/2026 – Cummins was given a new $700.00 price target by Robert W. Baird.
- 5/6/2026 – Cummins had its price target raised by Morgan Stanley from $675.00 to $752.00. They now have an “overweight” rating on the stock.
- 5/6/2026 – Cummins had its “overweight” rating reaffirmed by Barclays PLC. They now have a $760.00 price target on the stock.
- 5/6/2026 – Cummins had its price target raised by Citigroup Inc. from $710.00 to $770.00. They now have a “buy” rating on the stock.
- 5/6/2026 – Cummins had its price target raised by JPMorgan Chase & Co. from $600.00 to $725.00. They now have a “neutral” rating on the stock.
- 5/6/2026 – Cummins had its price target raised by Wells Fargo & Company from $693.00 to $794.00. They now have an “overweight” rating on the stock.
- 4/20/2026 – Cummins had its price target raised by Truist Financial Corporation from $703.00 to $730.00. They now have a “buy” rating on the stock.
- 4/13/2026 – Cummins had its price target raised by Citigroup Inc. from $630.00 to $710.00. They now have a “buy” rating on the stock.
- 4/13/2026 – Cummins had its price target raised by Wells Fargo & Company from $630.00 to $693.00. They now have an “overweight” rating on the stock.
- 4/10/2026 – Cummins had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 3/8/2026 – Cummins was downgraded by Wall Street Zen from “strong-buy” to “buy”.
Cummins Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 20th were paid a $2.00 dividend. The ex-dividend date was Friday, February 20th. This represents a $8.00 annualized dividend and a yield of 1.1%. Cummins’s dividend payout ratio (DPR) is 38.99%.
Insider Activity at Cummins
In other news, VP Jennifer Mary Bush sold 4,270 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $584.93, for a total transaction of $2,497,651.10. Following the completion of the sale, the vice president owned 15,130 shares in the company, valued at $8,849,990.90. This trade represents a 22.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Earl Newsome sold 1,300 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $583.67, for a total transaction of $758,771.00. Following the sale, the vice president owned 3,389 shares of the company’s stock, valued at approximately $1,978,057.63. The trade was a 27.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,195 shares of company stock worth $18,397,489 over the last 90 days. Corporate insiders own 0.30% of the company’s stock.
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.