Birmingham, September 14, 2025
News Summary
Birmingham Capital Management has decreased its holdings in Cummins Inc. by 9.6%, currently owning 15,060 shares valued at $4.72 million. Other major investors, including Vanguard and UBS, have adjusted their positions in the company. Notably, insider trading has seen significant reductions in holdings. Cummins’ stock performance includes a slight decline, but analysts maintain a positive outlook with a target price of $389.29 amid successful earnings reports and an increased quarterly dividend.
Birmingham—Birmingham Capital Management Co. Inc. has decreased its stake in Cummins Inc. (NYSE: CMI) by 9.6% during the first quarter of the year, according to the firm’s most recent 13F filing with the Securities and Exchange Commission (SEC). Following the sale of 1,600 shares, Birmingham Capital Management now holds a total of 15,060 shares of Cummins’ stock.
Birmingham’s holdings in Cummins represent approximately 1.8% of its total investment portfolio, making it the 21st largest holding for the firm. The value of these holdings was calculated at $4,720,000 as of the latest report.
In addition to Birmingham’s actions, various large investors have adjusted their positions in Cummins. For instance, Vanguard Group Inc. increased its stake by 1.9%, now owning 17,283,469 shares valued at over $5.4 billion, following a purchase of an additional 321,823 shares. Simultaneously, Northern Trust Corp expanded its investment in Cummins by 1.2% to a total of 1,905,214 shares worth $597.17 million.
Another significant investor adjustment was made by UBS Asset Management, which raised its holdings by 0.5%, owning 1,634,580 shares valued at $512.34 million after acquiring 8,487 shares. Additionally, Raymond James Financial Inc. saw a massive increase of 152.3% in its holdings, now owning 1,354,052 shares worth $424.41 million after purchasing 817,384 shares.
Institutional and hedge fund investors dominate share ownership in Cummins, holding approximately 83.46% of the total stock. Insider trading has also been noteworthy, with Director Karen H. Quintos selling 1,307 shares at an average price of $405.33, thereby reducing her position by 20%. Similarly, VP Luther E. Peters decreased his holdings by 38.67% after selling 4,850 shares at an average price of $389.19 on August 8.
In total, company insiders have sold 26,039 shares valued at around $10,385,075 in the last ninety days. Currently, insiders hold only 0.41% of Cummins’ stock.
Analytical opinions on Cummins vary among research firms. Truist Financial recently raised its price target on Cummins from $342 to $380 while maintaining a “hold” rating. Meanwhile, Evercore ISI reiterated an “outperform” rating, and Wells Fargo upgraded the stock to “overweight.” Barclays also modified its target from $381 to $387, while Melius upgraded its rating from “hold” to “buy” with a targeted price of $500.
The consensus rating among nine investment analysts for Cummins is a “Moderate Buy” with an average target price of $389.29.
As for Cummins’ market performance, the company’s stock fell by $0.19 to close at $410.84, with a trading volume of 935,925 shares. Cummins has a total market capitalization of $56.61 billion and a price-to-earnings ratio of 19.32. In its last quarter, the company reported an earnings per share (EPS) of $6.43, surpassing expectations that were set at $5.21, accompanied by revenue amounting to $8.64 billion.
In a positive note for shareholders, Cummins recently increased its quarterly dividend from $1.82 to $2.00 per share, reflecting an annual yield of 1.9%.
Cummins operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera, with a focus on diesel and natural gas-powered engines across various markets.
FAQs
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Key Features
| Feature | Details |
|---|---|
| Birmingham Capital Management Stake Reduced | Decreased by 9.6%, holding 15,060 shares, valued at $4,720,000 |
| Market Performance | Stock closed at $410.84, down $0.19 |
| EPS Last Quarter | $6.43, beating expectations of $5.21 |
| Quarterly Dividend | Increased to $2.00 per share |
| Insider Share Sales | 26,039 shares sold over the past 90 days |
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Additional Resources
- MarketBeat: Birmingham Capital Management Reduces Stake in Cummins Inc.
- Wikipedia: Cummins
- Aviva: Aviva Capital Partners
- Google Search: Birmingham Capital Management
- AL.com: 20-Year-Old Charged with Capital Murder
- Encyclopedia Britannica: Cummins Inc.
- Auto News: Meritor, Tenneco Takeovers
- Google News: Cummins Inc.
- WealthBriefing: Global Wealth Management Moves
- Crain’s Detroit: Family Wealth Management
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