Weekly Investment Analysts’ Ratings Updates for Cummins (CMI)

Several brokerages have updated their recommendations and price targets on shares of Cummins (NYSE: CMI) in the last few weeks:

• 12/22/2025 – Cummins was upgraded by analysts at Raymond James Financial, Inc. from a “market perform” rating to an “outperform” rating. They now have a $585.00 price target on the stock.
• 12/19/2025 – Cummins had its “positive” rating reaffirmed by analysts at Barclays PLC.
• 12/19/2025 – Cummins was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $546.00 price target on the stock, up previously from $515.00.
• 12/18/2025 – Cummins had its price target raised by analysts at Truist Financial Corporation from $628.00 to $653.00. They now have a “buy” rating on the stock.
• 12/15/2025 – Cummins had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/11/2025 – Cummins had its price target raised by analysts at Citigroup Inc. from $530.00 to $580.00. They now have a “buy” rating on the stock.
• 12/8/2025 – Cummins had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 11/25/2025 – Cummins had its price target raised by analysts at Argus from $459.00 to $573.00. They now have a “buy” rating on the stock.
• 11/25/2025 – Cummins was upgraded by analysts at UBS Group AG from a “sell” rating to a “neutral” rating.
• 11/25/2025 – Cummins was upgraded by analysts at UBS Group AG from a “sell” rating to a “neutral” rating. They now have a $500.00 price target on the stock, up previously from $350.00.
• 11/24/2025 – Cummins had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 11/24/2025 – Cummins was given a new $628.00 price target on by analysts at Truist Financial Corporation. They now have a “buy” rating on the stock.
• 11/24/2025 – Cummins was upgraded by analysts at Truist Financial Corporation from a “hold” rating to a “buy” rating. They now have a $628.00 price target on the stock, up previously from $522.00.
• 11/17/2025 – Cummins had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 11/15/2025 – Cummins was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 11/13/2025 – Cummins is now covered by analysts at Wells Fargo & Company. They set an “overweight” rating and a $599.00 price target on the stock.
• 11/13/2025 – Cummins is now covered by analysts at Wells Fargo & Company. They set an “overweight” rating and a $599.00 price target on the stock.
• 11/11/2025 – Cummins had its price target raised by analysts at Barclays PLC from $430.00 to $515.00. They now have an “equal weight” rating on the stock.
• 11/7/2025 – Cummins had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $475.00 price target on the stock.
• 11/7/2025 – Cummins had its price target raised by analysts at Citigroup Inc. from $500.00 to $530.00. They now have a “buy” rating on the stock.
• 11/7/2025 – Cummins had its price target raised by analysts at Truist Financial Corporation from $434.00 to $522.00. They now have a “hold” rating on the stock.
• 11/6/2025 – Cummins was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating.
• 11/5/2025 – Cummins had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.

Cummins Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Friday, November 21st were paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, November 21st. Cummins’s payout ratio is 41.52%.

Insider Activity at Cummins

In other Cummins news, CFO Mark Andrew Smith sold 13,110 shares of the firm’s stock in a transaction on 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 completion of the transaction, the chief financial officer owned 31,582 shares of the company’s stock, valued at approximately $14,864,384.12. This trade represents a 29.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 transaction of $709,514.00. Following the sale, the insider directly owned 9,271 shares in the company, valued at $4,536,485.72. This trade represents a 13.52% 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 valued at $12,649,764 in the last ninety days. Corporate insiders own 0.41% 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.