<div id="readability-page-1"><p>Jump Financial LLC boosted its holdings in shares of  Cummins Inc. (NYSE:CMI - Free Report) by 436.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm owned 31,316 shares of the company's stock after buying an additional 25,473 shares during the quarter. Jump Financial LLC's holdings in Cummins were worth $10,256,000 as of its most recent SEC filing.</p><ul><li>Engines to AI: Cummins’ Surprising Growth Driver</li></ul><p>Other hedge funds and other institutional investors have also bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its stake in shares of  Cummins by 35.7% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 228 shares of the company's stock worth $75,000 after purchasing an additional 60 shares during the last quarter.  Avestar Capital LLC lifted its position in shares of  Cummins by 8.2% during the second quarter. Avestar Capital LLC now owns 792 shares of the company's stock valued at $259,000 after buying an additional 60 shares during the last quarter.  TCM Advisors LLC boosted its holdings in shares of  Cummins by 2.7% in the 2nd quarter. TCM Advisors LLC now owns 3,800 shares of the company's stock valued at $1,244,000 after buying an additional 100 shares in the last quarter.  Amundi grew its position in shares of  Cummins by 48.6% in the 2nd quarter. Amundi now owns 1,030,767 shares of the company's stock worth $343,699,000 after buying an additional 337,074 shares during the last quarter.  Finally, First Trust Advisors LP raised its stake in shares of  Cummins by 30.6% during the 2nd quarter. First Trust Advisors LP now owns 217,369 shares of the company's stock worth $71,189,000 after acquiring an additional 50,947 shares in the last quarter. Institutional investors own  83.46% of the company's stock. </p><h2>Cummins Stock Performance</h2><p>NYSE CMI opened at $507.46 on Tuesday. The firm has a market capitalization of $70.05 billion, a P/E ratio of 26.33, a PEG ratio of 2.01 and a beta of 1.10. The stock has a 50-day simple moving average of $452.57 and a two-hundred day simple moving average of $395.48. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.11 and a current ratio of 1.77. Cummins Inc. has a fifty-two week low of $260.02 and a fifty-two week high of $515.83. </p><ul><li>Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners</li></ul><p>Cummins (NYSE:CMI - Get Free Report) last issued its 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 firm had revenue of $8.32 billion for the quarter, compared to the consensus estimate of $7.97 billion. Cummins had a return on equity of 26.02% and a net margin of 7.95%.The company's revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.86 earnings per share.  On average, equities analysts forecast that  Cummins Inc. will post 22.54 earnings per share for the current year. </p><h2>Cummins Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Friday, November 21st were issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, November 21st. Cummins's payout ratio is 41.52%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>3 Stocks J.P. Morgan Just Upgraded and Why They’re Bullish</li></ul><p>CMI has been the topic of several analyst reports. Zacks Research lowered shares of Cummins from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Thursday, November 6th. Sanford C. Bernstein  reiterated a &#34;market perform&#34; rating and issued a $475.00 price target on shares of Cummins in a research note on Friday, November 7th. Wall Street Zen upgraded shares of Cummins from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Saturday, November 15th. Truist Financial  set a $628.00 target price on shares of Cummins and gave the stock a &#34;buy&#34; rating in a research report on Monday, November 24th. Finally, Melius Research upgraded shares of Cummins from a &#34;hold&#34; rating to a &#34;buy&#34; rating and set a $500.00 price objective for the company in a research note on Wednesday, September 3rd. Eleven research analysts have rated the stock with a Buy rating and seven have assigned  a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $479.53.</p><p><b>Check Out Our Latest Stock Report on CMI</b></p><h2>Insider Activity at Cummins</h2><p>In related news, insider Brett Michael Merritt sold 1,450 shares of the company's stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $489.32, for a total value of $709,514.00. Following the completion of the transaction, the insider owned 9,271 shares of the company's stock, valued at approximately $4,536,485.72. This represents a 13.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jennifer Rumsey sold 4,570 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $473.89, for a total value of $2,165,677.30. Following the transaction, the chief executive officer owned 42,880 shares in the company, valued at $20,320,403.20. This represents a 9.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,410 shares of company stock worth $16,424,574 in the last three months. Company insiders own  0.41% of the company's stock. </p><h2>Cummins Company Profile</h2> (Free Report)<p>Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Cummins</li><li>Growth Stocks: What They Are, Examples and How to Invest</li><li>Top 5 Highest-Rated Dividend Stocks, According to MarketBeat</li><li>Utilities Stocks Explained – How and Why to Invest in Utilities</li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>3 Stocks Most Likely to Split in 2026</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNNSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNNSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cummins Right Now?</h2><p>Before you consider Cummins, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cummins wasn't on the list.</p><p>While Cummins currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Jump Financial LLC increased its holdings in Cummins Inc. by 436% in Q2, acquiring 25,473 shares, now totaling 31,316 shares worth $10.26 million. Cummins reported Q3 earnings of $5.59 per share, beating estimates. Analysts have mixed ratings, with several upgrades to 'buy'. Cummins' stock performance shows a 52-week high of $515.83 and a low of $260.02. Institutional investors own 83.46% of the stock. The company announced a quarterly dividend of $2.00 per share, with a yield of 1.6%.</p>

Jump Financial LLC Acquires 25,473 Shares of Cummins Inc. $CMI