<div id="readability-page-1"><p>Centurion Wealth Management LLC bought a new position in  Cummins Inc. (NYSE:CMI - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,134 shares of the company's stock, valued at approximately $901,000.</p><ul><li>Engines to AI: Cummins’ Surprising Growth Driver</li></ul><p>Several other hedge funds and other institutional investors also recently modified their holdings of the business. Osterweis Capital Management Inc. bought a new position in  Cummins in the 2nd quarter worth approximately $31,000.  Wealth Preservation Advisors LLC purchased a new stake in shares of  Cummins during the first quarter worth $41,000.  CNB Bank bought a new position in shares of  Cummins in the second quarter worth $43,000.  Flaharty Asset Management LLC purchased a new position in shares of  Cummins in the first quarter valued at $47,000.  Finally, State of Wyoming bought a new stake in shares of  Cummins during the 1st quarter valued at $50,000. Institutional investors own  83.46% of the company's stock. </p><h2>Cummins Stock Up 1.3%</h2><p>CMI stock opened at $507.14 on Friday. The company's 50 day moving average is $467.22 and its 200 day moving average is $406.30. The stock has a market cap of $70.01 billion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth ratio of 1.97 and a beta of 1.11. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 0.52. Cummins Inc. has a 1-year low of $260.02 and a 1-year high of $526.50. </p><ul><li>Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners</li></ul><p>Cummins (NYSE:CMI - Get Free Report) last released its quarterly 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 business had revenue of $8.32 billion during the quarter, compared to analysts' expectations of $7.97 billion. Cummins had a net margin of 7.95% and a return on equity of 26.02%. The business's quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.86 EPS.  Sell-side analysts predict that  Cummins Inc. will post 22.54 EPS for the current fiscal year. </p><h2>Cummins Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Friday, November 21st were paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, November 21st. Cummins's dividend payout ratio  is currently 41.52%. </p><h2>Insider Buying and Selling at Cummins</h2><ul><li>3 Stocks J.P. Morgan Just Upgraded and Why They’re Bullish</li></ul><p>In other Cummins news, insider Brett Michael Merritt sold 1,450 shares of the business's stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $489.32, for a total value of $709,514.00. Following the completion of the sale, the insider directly owned 9,271 shares of the company's stock, valued at $4,536,485.72. The trade was a 13.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Mark Andrew Smith sold 13,110 shares of the firm's stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $470.66, for a total value of $6,170,352.60. Following the transaction, the chief financial officer directly owned 31,582 shares in the company, valued at $14,864,384.12. This trade represents a 29.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 27,330 shares of company stock worth $12,649,764 over the last 90 days. Corporate insiders own  0.41% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>CMI has been the subject of several analyst reports. Citigroup raised their target price on Cummins from $530.00 to $580.00 and gave the stock a &#34;buy&#34; rating in a research note on Thursday, December 11th. Wells Fargo &amp; Company started coverage on shares of Cummins in a research report on Thursday, November 13th. They issued an &#34;overweight&#34; rating and a $599.00 price objective for the company. Argus boosted their price objective on shares of Cummins from $459.00 to $573.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, November 25th. Melius upgraded shares of Cummins from a &#34;hold&#34; rating to a &#34;buy&#34; rating and set a $500.00 target price on the stock in a research note on Wednesday, September 3rd. Finally, UBS Group upgraded shares of Cummins from a &#34;sell&#34; rating to a &#34;neutral&#34; rating in a research report on Tuesday, November 25th. Twelve analysts have rated the stock with a Buy rating and six have assigned  a Hold rating to the company's stock. According to MarketBeat.com, the company  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $486.60.</p><p><b>Get Our Latest Stock Report on CMI</b></p><h2>Cummins Profile</h2> (Free Report)<p>Cummins Inc <span>NYSE: CMI<span></span></span> 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Cummins</li><li>What is the Dow Jones Industrial Average (DJIA)?</li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>Canada Bond Market Holiday: How to Invest and Trade </li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li><li>What Investors Must Know About Over-the-Counter (OTC) Stocks</li><li>4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More</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>Centurion Wealth Management LLC acquired 2,134 shares of Cummins Inc., valued at approximately $901,000, in the third quarter. This acquisition was disclosed in a recent SEC filing. Cummins Inc. has seen various institutional investors modifying their holdings, with 83.46% of its stock owned by institutional investors. The company's stock opened at $507.14, with a market cap of $70.01 billion. Cummins recently reported quarterly earnings exceeding analysts' expectations and announced a quarterly dividend of $2.00 per share.</p>

Centurion Wealth Management LLC Acquires Shares of 2,134 Cummins Inc. $CMI