Cummins Shareholders Back Board, Pay and Incentive Plan

Tip Ranks
2026.05.14 18:57
portai
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At its May 12, 2026 annual meeting, Cummins Inc. shareholders elected eleven directors for one-year terms and supported the executive pay program. They ratified PricewaterhouseCoopers as the independent auditor for 2026 and approved the 2026 Omnibus Incentive Plan. Two governance proposals were rejected. With 87.8% of eligible shares represented, the results indicate strong alignment with the board's leadership. Analysts rate CMI stock as a Buy with a $794.00 price target, citing solid financial performance despite cyclical variability.