Zacks Research Brokers Reduce Earnings Estimates for Cummins

Cummins Inc. (NYSE:CMI) – Stock analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for Cummins in a report released on Tuesday, February 18th. Zacks Research analyst R. Singhi now forecasts that the company will post earnings per share of $4.86 for the quarter, down from their previous forecast of $5.31. The consensus estimate for Cummins’ current full-year earnings is $22.54 per share. Zacks Research also issued estimates for Cummins’ Q2 2025 earnings at $5.78 EPS, Q3 2025 earnings at $5.88 EPS, FY2025 earnings at $22.34 EPS, Q1 2026 earnings at $5.82 EPS, Q3 2026 earnings at $7.14 EPS and Q4 2026 earnings at $7.18 EPS.

Several other equities analysts also recently commented on CMI. Evercore ISI increased their target price on Cummins from $408.00 to $451.00 and gave the company an “outperform” rating in a research report on Wednesday. Vertical Research downgraded Cummins from a “buy” rating to a “hold” rating and set a $350.00 target price for the company. in a research report on Wednesday, November 6th. Truist Financial increased their target price on Cummins from $424.00 to $425.00 and gave the company a “hold” rating in a research report on Thursday, January 16th. Robert W. Baird increased their target price on Cummins from $395.00 to $407.00 and gave the company a “neutral” rating in a research report on Wednesday, February 5th. Finally, Bank of America upgraded Cummins from an “underperform” rating to a “neutral” rating and increased their target price for the company from $354.00 to $358.00 in a research report on Tuesday, January 14th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cummins currently has an average rating of “Hold” and an average price target of $386.67.

Cummins Stock Performance

NYSE:CMI opened at $366.79 on Friday. The stock’s 50-day simple moving average is $361.51 and its 200 day simple moving average is $342.05. The firm has a market capitalization of $50.43 billion, a PE ratio of 13.02, a price-to-earnings-growth ratio of 2.19 and a beta of 1.00. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.42. Cummins has a twelve month low of $259.06 and a twelve month high of $387.90.

Cummins (NYSE:CMI) last released its quarterly earnings data on Tuesday, February 4th. The company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.70 by $0.46. The business had revenue of $8.45 billion for the quarter, compared to analyst estimates of $8.06 billion. Cummins had a return on equity of 27.12% and a net margin of 11.57%. Cummins’s revenue was down 1.1% compared to the same quarter last year. During the same period last year, the firm posted $4.14 earnings per share.

Hedge Funds Weigh In On Cummins

Several institutional investors have recently added to or reduced their stakes in CMI. Signaturefd LLC lifted its stake in Cummins by 1.7% in the third quarter. Signaturefd LLC now owns 3,285 shares of the company’s stock valued at $1,064,000 after buying an additional 56 shares during the period. Eastern Bank bought a new stake in shares of Cummins during the third quarter valued at approximately $365,000. Greenleaf Trust increased its holdings in shares of Cummins by 3.9% during the third quarter. Greenleaf Trust now owns 8,068 shares of the company’s stock valued at $2,612,000 after acquiring an additional 303 shares in the last quarter. Wallington Asset Management LLC increased its holdings in shares of Cummins by 6.0% during the third quarter. Wallington Asset Management LLC now owns 34,207 shares of the company’s stock valued at $11,076,000 after acquiring an additional 1,950 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in shares of Cummins by 38,765.8% during the third quarter. International Assets Investment Management LLC now owns 974,755 shares of the company’s stock valued at $315,616,000 after acquiring an additional 972,247 shares in the last quarter. 83.46% of the stock is owned by institutional investors and hedge funds.

Cummins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Friday, February 21st will be paid a $1.82 dividend. This represents a $7.28 annualized dividend and a yield of 1.98%. The ex-dividend date is Friday, February 21st. Cummins’s dividend payout ratio (DPR) is presently 25.84%.

About Cummins

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.