Cummins Inc. (NYSE: CMI) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

Cummins Inc. is listed on the NYSE as a member of the Industrials sector and is a part of the Specialty Industrial Machinery industry. The current market capitalization of Cummins Inc. is $40.84B. A total of 0.65 million shares were traded on the day, compared to an average of 3.27M shares.

In the most recent transaction, Barner Sharon R sold 3,880 shares of CMI for 286.86 per share on May 07 ’24. After the transaction, the VP – Chief Administrative Off. now owns 20,873 company shares. In a previous transaction on Feb 28 ’24, Barner Sharon R sold 2,100 shares at 271.29 per share. CMI shares that VP – Chief Administrative Off. owns now total 16,899.

Among the insiders who sold shares, Quintos Karen H disposed of 1,000 shares on Feb 28 ’24 at a per-share price of $270.24. This resulted in the Director holding 2,835 shares of CMI after the transaction. In another insider transaction, Fisher Daniel William bought 562 shares at $266.57 per share on Feb 27 ’24. Company shares held by the Director now total 1,068.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Cummins Inc. pays an annual dividend of $6.61, resulting in a dividend yield of 2.21%, and it has a price to earnings (P/E) ratio of 21.98. CMI’s most recent ex-dividend date was 2/22/2024 when it declared a $1.68 quarterly dividend that was paid in cash on 3/7/2024. Previously, the company paid the dividend on 12/7/2023 with an ex-dividend date of 11/22/2023. The CMI stock dividend was $1.68 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, CMI has a high of $304.24 and a low of $203.18.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CMI’s latest balance sheet shows that the firm has $3.19B in Cash & Short Term Investments as of fiscal 2021. There were $4.61B in debt and $7.08B in liabilities at the time. Its Book Value Per Share was $66.28, while its Total Shareholder’s Equity was $9.40B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CMI is Buy with a score of 3.38.

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