Rep. Lisa C. McClain Purchases Shares of Cummins Inc. (NYSE:CMI)

Representative Lisa C. McClain (R-Michigan) recently bought shares of Cummins Inc. (NYSE:CMI). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Cummins stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Cummins Price Performance

Shares of CMI stock traded up $2.17 during mid-day trading on Thursday, hitting $497.11. 595,927 shares of the stock traded hands, compared to its average volume of 890,962. Cummins Inc. has a twelve month low of $260.02 and a twelve month high of $499.87. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.64. The company’s 50-day simple moving average is $439.39 and its 200-day simple moving average is $385.37. The firm has a market cap of $68.62 billion, a price-to-earnings ratio of 23.37, a price-to-earnings-growth ratio of 2.05 and a beta of 1.07.

Cummins (NYSE:CMIGet Free Report) last announced its earnings results on Thursday, November 6th. The company reported $5.59 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 26.96% and a net margin of 8.72%.The company’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the business posted $5.86 earnings per share. As a group, equities research analysts expect that Cummins Inc. will post 22.54 earnings per share for the current year.

Cummins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Friday, November 21st will be given a dividend of $2.00 per share. The ex-dividend date is Friday, November 21st. This represents a $8.00 annualized dividend and a dividend yield of 1.6%. Cummins’s dividend payout ratio (DPR) is 41.52%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CMI. Truist Financial set a $628.00 price objective on shares of Cummins and gave the stock a “buy” rating in a research note on Monday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cummins in a report on Monday. Argus lifted their price target on Cummins from $459.00 to $573.00 and gave the stock a “buy” rating in a research note on Tuesday. Evercore ISI reiterated an “outperform” rating on shares of Cummins in a report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Cummins from $400.00 to $460.00 and gave the company a “neutral” rating in a report on Tuesday, October 14th. Twelve equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $476.75.

View Our Latest Analysis on CMI

Hedge Funds Weigh In On Cummins

A number of hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Cummins in the second quarter worth approximately $505,941,000. Boston Partners acquired a new stake in shares of Cummins in the 3rd quarter valued at $473,471,000. Raymond James Financial Inc. boosted its holdings in Cummins by 152.3% in the first quarter. Raymond James Financial Inc. now owns 1,354,052 shares of the company’s stock worth $424,414,000 after purchasing an additional 817,384 shares in the last quarter. London Co. of Virginia bought a new stake in Cummins in the third quarter worth $231,732,000. Finally, American Century Companies Inc. increased its position in Cummins by 138.8% during the second quarter. American Century Companies Inc. now owns 909,653 shares of the company’s stock worth $297,912,000 after buying an additional 528,689 shares during the last quarter. Institutional investors and hedge funds own 83.46% of the company’s stock.

Insiders Place Their Bets

In other news, insider Brett Michael Merritt sold 1,450 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $489.32, for a total transaction of $709,514.00. Following the transaction, the insider owned 9,271 shares of the company’s stock, valued at approximately $4,536,485.72. This represents a 13.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Mark Andrew Smith sold 13,110 shares of the firm’s stock in a transaction that occurred 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 directly owned 31,582 shares in the company, valued at $14,864,384.12. The trade was a 29.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 36,410 shares of company stock valued at $16,424,574 over the last quarter. Insiders own 0.41% of the company’s stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Cummins

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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.

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