Research Analysts Offer Predictions for Cummins Q3 Earnings

Cummins Inc. (NYSE:CMI) – Equities research analysts at Zacks Research raised their Q3 2025 EPS estimates for shares of Cummins in a note issued to investors on Tuesday, November 19th. Zacks Research analyst R. Singhi now forecasts that the company will post earnings of $6.05 per share for the quarter, up from their previous estimate of $5.30. The consensus estimate for Cummins’ current full-year earnings is $20.75 per share. Zacks Research also issued estimates for Cummins’ Q3 2026 earnings at $7.16 EPS.

Cummins (NYSE:CMI) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $5.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.89 by $0.97. The company had revenue of $8.46 billion for the quarter, compared to analyst estimates of $8.29 billion. Cummins had a return on equity of 26.86% and a net margin of 6.13%. The company’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the company posted $4.73 EPS.

Several other research analysts also recently issued reports on the stock. The Goldman Sachs Group upped their price target on shares of Cummins from $324.00 to $370.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. upped their target price on Cummins from $285.00 to $340.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Citigroup lifted their price target on Cummins from $375.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday. StockNews.com raised Cummins from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 6th. Finally, Vertical Research downgraded shares of Cummins from a “buy” rating to a “hold” rating and set a $350.00 target price on the stock. in a research report on Wednesday, November 6th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Cummins has a consensus rating of “Hold” and an average target price of $337.67.

Cummins Trading Up 1.5 %

Shares of Cummins stock opened at $372.62 on Friday. The firm has a market capitalization of $51.12 billion, a PE ratio of 24.61, a price-to-earnings-growth ratio of 1.79 and a beta of 0.97. The company has a current ratio of 1.32, a quick ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm’s 50 day moving average is $335.78 and its 200 day moving average is $304.53. Cummins has a 1 year low of $222.04 and a 1 year high of $373.35.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CMI. CarsonAllaria Wealth Management Ltd. bought a new position in Cummins in the 2nd quarter valued at about $28,000. Cultivar Capital Inc. purchased a new position in shares of Cummins during the second quarter valued at approximately $28,000. Lynx Investment Advisory bought a new stake in Cummins during the second quarter worth $29,000. LRI Investments LLC purchased a new stake in Cummins in the 1st quarter valued at $31,000. Finally, Prospera Private Wealth LLC bought a new position in Cummins during the 3rd quarter valued at $32,000. Institutional investors own 83.46% of the company’s stock.

Insider Buying and Selling at Cummins

In other news, VP Sharon R. Barner sold 162 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $357.04, for a total transaction of $57,840.48. Following the transaction, the vice president now owns 20,803 shares of the company’s stock, valued at $7,427,503.12. This represents a 0.77 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders have sold 6,489 shares of company stock valued at $2,357,531. 0.56% of the stock is currently owned by company insiders.

Cummins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Friday, November 22nd will be issued a $1.82 dividend. The ex-dividend date is Friday, November 22nd. This represents a $7.28 dividend on an annualized basis and a yield of 1.95%. Cummins’s payout ratio is currently 48.08%.

Cummins Company Profile

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.