CMINYSEEngines & TurbinesFiscal year ends December 31
CUMMINS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$522.13−9.20 (-1.73%)
Close on Oct 19, 2026
- Market cap
- $72.32B
- P/E (TTM)
- 26.7
- Dividend yield
- 1.46%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
86.0%
118M of 138M shares
Institutional holders
2,101
277 new, 111 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 57 sales
Net sold $37.76M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 7,516,970 | 5.44% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 6,916,495 | 5.00% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 11,524,411 | 8.10% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 10,362,975 | 7.50% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CMI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,503,261 | 8.36% | $8.20B | −332,263 | 0.12% |
| Vanguard Capital Management LLC | 9,010,359 | 6.55% | $6.43B | +34,388 | 0.14% |
| Vanguard Portfolio Management LLC | 7,534,991 | 5.47% | $5.37B | +36,981 | 0.24% |
| State Street Corp | 6,908,874 | 5.02% | $4.93B | +101,184 | 0.15% |
| FMR LLC | 6,085,944 | 4.42% | $4.34B | +657,632 | 0.19% |
| Fisher Asset Management, LLC | 3,595,361 | 2.61% | $2.56B | +98,301 | 0.76% |
| Geode Capital Management, LLC | 3,229,444 | 2.35% | $2.29B | −516,944 | 0.12% |
| Morgan Stanley | 3,107,922 | 2.26% | $2.22B | +41,441 | 0.12% |
| Bank Of America Corp /De/ | 1,974,668 | 1.43% | $1.41B | +217,420 | 0.09% |
| Norges Bank | 1,779,281 | 1.29% | $1.27B | New | 0.13% |
| Northern Trust Corp | 1,772,846 | 1.29% | $1.26B | +50,737 | 0.15% |
| Raymond James Financial Inc | 1,504,689 | 1.09% | $1.07B | +8,798 | 0.29% |
| UBS Asset Management Americas Inc | 1,501,336 | 1.09% | $1.07B | −79,824 | 0.19% |
| Bank of New York Mellon Corp | 1,364,532 | 0.99% | $973.20M | +386,123 | 0.16% |
| Aqr Capital Management LLC | 1,262,659 | 0.92% | $884.76M | +295,663 | 0.31% |
| Dimensional Fund Advisors LP | 1,240,206 | 0.90% | $884.32M | −157,396 | 0.16% |
| Nuveen, LLC | 1,104,087 | 0.80% | $787.45M | +392,559 | 0.19% |
| First Eagle Investment Management, LLC | 1,073,736 | 0.78% | $765.80M | +306,505 | 0.63% |
| Goldman Sachs Group Inc | 1,021,986 | 0.74% | $728.89M | +135,828 | 0.06% |
| Royal Bank of Canada | 967,069 | 0.70% | $689.72M | −118,979 | 0.10% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 2,101 | 118M | 86.0% | 277 / 775 | 727 / 111 | 10M | 8M |
| Q1 2026 | 1,964 | 117M | 84.8% | 214 / 697 | 726 / 97 | 27M | 12M |
| Q4 2025 | 1,876 | 120M | 86.9% | 298 / 614 | 667 / 75 | 13M | 10M |
| Q3 2025 | 1,684 | 117M | 85.2% | 219 / 584 | 600 / 77 | 11M | 12M |
| Q2 2025 | 1,563 | 118M | 85.8% | 126 / 632 | 561 / 111 | 8M | 7M |
| Q1 2025 | 1,568 | 117M | 85.0% | 171 / 613 | 533 / 133 | 9M | 8M |
| Q4 2024 | 1,555 | 116M | 84.6% | 237 / 508 | 550 / 84 | 7M | 10M |
| Q3 2024 | 1,428 | 120M | 87.1% | 153 / 519 | 515 / 100 | 21M | 7M |
| Q2 2024 | 1,390 | 118M | 85.5% | 121 / 519 | 496 / 84 | 8M | 13M |
| Q1 2024 | 1,369 | 123M | 89.2% | 152 / 437 | 577 / 132 | 11M | 10M |
| Q4 2023 | 1,366 | 121M | 88.1% | 214 / 442 | 495 / 53 | 11M | 7M |
| Q3 2023 | 1,232 | 118M | 85.7% | 72 / 465 | 467 / 89 | 7M | 7M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CMI | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 4,380,565 | 3.18% | $3.12B | 0.14% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 3,575,414 | 2.60% | $2.55B | 0.15% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 2,989,887 | 2.17% | $2.13B | 0.95% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 1,897,806 | 1.38% | $1.35B | 0.15% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 1,768,100 | 1.28% | $1.14B | 0.14% | May 31, 2026 |
| Vanguard Value Index Fund | 1,313,861 | 0.95% | $937.06M | 0.37% | Jun 30, 2026 |
| Vanguard Mid-Cap Value Index Fund | 886,283 | 0.64% | $632.11M | 1.70% | Jun 30, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 813,246 | 0.59% | $580.02M | 1.71% | Jun 30, 2026 |
| Vanguard Dividend Appreciation Index Fund | 780,738 | 0.57% | $495.14M | 0.38% | Jul 31, 2026 |
| Vanguard Institutional Index Fund | 749,110 | 0.54% | $534.27M | 0.15% | Jun 30, 2026 |
| Fidelity Magellan Fund | 703,000 | 0.51% | $501.39M | 1.33% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 686,022 | 0.50% | $443.60M | 0.18% | May 31, 2026 |
| Vanguard High Dividend Yield Index Fund | 556,087 | 0.40% | $352.67M | 0.36% | Jul 31, 2026 |
| Fidelity Focused Stock Fund | 371,000 | 0.27% | $235.29M | 4.61% | Jul 31, 2026 |
| Disciplined Value Fund | 356,835 | 0.26% | $254.50M | 1.30% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jennifer Rumsey | Chair and CEO, Director | 76,898 | 0.06% | Mar 3, 2026 |
| Earl Newsome | VP - Chief Information Officer | 4,479 | 0.00% | Aug 25, 2026 |
| Brett Michael Merritt | V.P & Pres. - Engine Business | 10,299 | 0.01% | May 19, 2026 |
| Donald G. Jackson | VP - Treasury & Tax | 9,011 | 0.01% | May 14, 2026 |
| Bonnie J. Fetch | EVP & President - Operations | 11,524 | 0.01% | May 14, 2026 |
| Nathan R. Stoner | VP - China ABO | 8,847 | 0.01% | May 14, 2026 |
| Jennifer Mary Bush | VP & Pres. - Power Systems | 15,112 | 0.01% | May 13, 2026 |
| Marvin Boakye | VP - CHRO | 8,358 | 0.01% | May 12, 2026 |
| Nicole Lamb-Hale | VP, CAO & Corporate Secretary | 14,084 | 0.01% | May 8, 2026 |
| Amy Rochelle Davis | VP & Pres. - Accelera and Com | 17,501 | 0.01% | Mar 4, 2026 |
| John O. Gaidoo | VP and Chief Legal Officer | 3,630 | 0.00% | Mar 3, 2026 |
| Mark Andrew Smith | VP - Chief Financial Officer | 39,832 | 0.03% | Mar 3, 2026 |
| Jeffrey T. Wiltrout | VP - Corporate Strategy | 6,943 | 0.01% | Mar 3, 2026 |
| Luther E. Peters | VP - Corporate Controller | 10,183 | 0.01% | Mar 3, 2026 |
| Benjamin G. Wright | VP and President Dist Business | 5,370 | 0.00% | Mar 3, 2026 |
| Jonathan David Wood | Vice President & CTO | 4,188 | 0.00% | Mar 3, 2026 |
| Robert Enright | VP - Supply Chain | 4,569 | 0.00% | Mar 3, 2026 |
| Sharon R. Barner | VP - Chief Administrative Off. | 25,039 | 0.02% | May 16, 2025 |
| Srikanth Padmanabhan | EVP and President, Operations | 44,437 | 0.03% | Mar 4, 2025 |
| Thomas J. Lynch | Director | 11,962 | 0.01% | May 13, 2026 |
| Gary L. Belske | Director | 3,244 | 0.00% | May 13, 2026 |
| Carla A. Harris | Director | 3,808 | 0.00% | May 13, 2026 |
| Leo Allen Bruno V. Di | Director | 5,379 | 0.00% | May 13, 2026 |
| Karen H. Quintos | Director | 9,310 | 0.01% | May 13, 2026 |
| Matthew Tsien | Director | 753 | 0.00% | May 13, 2026 |
| John H. Stone | Director | 2,747 | 0.00% | May 13, 2026 |
| Daniel William Fisher | Director | 2,603 | 0.00% | May 13, 2026 |
| William I. Miller | Director | 34,837 | 0.03% | May 13, 2026 |
| Kimberly A. Nelson | Director | 5,848 | 0.00% | May 13, 2026 |
| Robert J. Bernhard | Director | 19,112 | 0.01% | May 15, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Earl Newsome VP - Chief Information Officer | Aug 24, 2026 | Sale | −698 | $572.22 | $399.41K | 4,479 |
| Brett Michael Merritt V.P & Pres. - Engine Business | May 19, 2026 | Gift | −218 | – | – | 10,186 |
| Donald G. Jackson VP - Treasury & Tax | May 14, 2026 | Sale | −160 | $711.61 | $113.86K | 8,796 |
| Donald G. Jackson VP - Treasury & Tax | May 14, 2026 | Sale | −480 | $710.36 | $340.97K | 8,316 |
| Donald G. Jackson VP - Treasury & Tax | May 14, 2026 | Sale | −90 | $712.70 | $64.14K | 8,956 |
| Bonnie J. Fetch EVP & President - Operations | May 13, 2026 | Gift | −155 | – | – | 11,524 |
| Nathan R. Stoner VP - China ABO | May 13, 2026 | Gift | −600 | – | – | 8,847 |
| Matthew Tsien Director | May 12, 2026 | Award | +306 | – | – | 753 |
| Kimberly A. Nelson Director | May 12, 2026 | Award | +306 | – | – | 4,766 |
| John H. Stone Director | May 12, 2026 | Award | +306 | – | – | 2,747 |
| William I. Miller Director | May 12, 2026 | Award | +306 | – | – | 34,670 |
| Gary L. Belske Director | May 12, 2026 | Award | +306 | – | – | 3,244 |
| Thomas J. Lynch Director | May 12, 2026 | Award | +306 | – | – | 11,962 |
| Jennifer Mary Bush VP & Pres. - Power Systems | May 12, 2026 | Sale | −940 | $694.13 | $652.48K | 14,943 |
| Jennifer Mary Bush VP & Pres. - Power Systems | May 12, 2026 | Sale | −583 | $696.26 | $405.92K | 15,883 |
| Jennifer Mary Bush VP & Pres. - Power Systems | May 12, 2026 | Sale | −1,158 | $695.21 | $805.05K | 13,785 |
| Jennifer Mary Bush VP & Pres. - Power Systems | May 12, 2026 | Sale | −1,799 | $697.29 | $1.25M | 11,986 |
| Jennifer Mary Bush VP & Pres. - Power Systems | May 12, 2026 | Sale | −40 | $699.10 | $27.96K | 16,946 |
| Jennifer Mary Bush VP & Pres. - Power Systems | May 12, 2026 | Sale | −480 | $698.38 | $335.22K | 16,466 |
| Karen H. Quintos Director | May 12, 2026 | Award | +306 | – | – | 5,537 |
| Carla A. Harris Director | May 12, 2026 | Award | +306 | – | – | 3,808 |
| Daniel William Fisher Director | May 12, 2026 | Award | +306 | – | – | 2,603 |
| Leo Allen Bruno V. Di Director | May 12, 2026 | Award | +306 | – | – | 5,379 |
| Bonnie J. Fetch EVP & President - Operations | May 11, 2026 | Sale | −642.82 | $702.66 | $451.68K | 0 |
| Marvin Boakye VP - CHRO | May 11, 2026 | Gift | −150 | – | – | 8,358 |
| Brett Michael Merritt V.P & Pres. - Engine Business | May 11, 2026 | Sale | −701.5 | $688.75 | $483.16K | 10,404 |
| Nathan R. Stoner VP - China ABO | May 11, 2026 | Sale | −607 | $694.06 | $421.29K | 9,447 |
| Bonnie J. Fetch EVP & President - Operations | May 11, 2026 | Sale | −652 | $700.19 | $456.52K | 11,679 |
| Marvin Boakye VP - CHRO | May 8, 2026 | Sale | −360 | $681.40 | $245.30K | 11,389 |
| Marvin Boakye VP - CHRO | May 8, 2026 | Sale | −240 | $682.62 | $163.83K | 11,749 |
| Marvin Boakye VP - CHRO | May 8, 2026 | Sale | −1,112 | $678.57 | $754.57K | 8,508 |
| Marvin Boakye VP - CHRO | May 8, 2026 | Sale | −769 | $679.32 | $522.40K | 10,620 |
| Marvin Boakye VP - CHRO | May 8, 2026 | Sale | −1,000 | $680.63 | $680.63K | 9,620 |
| Nicole Lamb-Hale VP, CAO & Corporate Secretary | May 8, 2026 | Sale | −1,181 | $684.35 | $808.22K | 14,084 |
| Nicole Lamb-Hale VP, CAO & Corporate Secretary | May 8, 2026 | Sale | −947 | $686.48 | $650.10K | 15,265 |
| Nicole Lamb-Hale VP, CAO & Corporate Secretary | May 8, 2026 | Sale | −280 | $685.63 | $191.98K | 16,212 |
| Nicole Lamb-Hale VP, CLO & Corporate Secretary | Apr 1, 2026 | Award | +290 | – | – | 16,492 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 3, 2026 | Sale(10b5-1 plan) | −1,049 | $561.39 | $588.90K | 17,501 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 3, 2026 | Sale(10b5-1 plan) | −160 | $564.30 | $90.29K | 19,581 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 3, 2026 | Sale(10b5-1 plan) | −631 | $562.09 | $354.68K | 18,550 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 3, 2026 | Sale(10b5-1 plan) | −1,694 | $559.99 | $948.62K | 15,807 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 3, 2026 | Sale(10b5-1 plan) | −120 | $565.92 | $67.91K | 19,741 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 3, 2026 | Sale(10b5-1 plan) | −400 | $563.25 | $225.30K | 19,181 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 1, 2026 | Award | +5,181 | – | – | 23,008 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 1, 2026 | Tax withholding | −2,264 | $583.87 | $1.32M | 19,861 |
| Amy Rochelle Davis VP & Pres. - Accelera and Com | Mar 1, 2026 | Tax withholding | −883 | $583.87 | $515.56K | 22,125 |
| Mark Andrew Smith VP - Chief Financial Officer | Mar 1, 2026 | Tax withholding | −5,878 | $583.87 | $3.43M | 39,832 |
| Mark Andrew Smith VP - Chief Financial Officer | Mar 1, 2026 | Award | +14,128 | – | – | 45,710 |
| Marvin Boakye VP - Chief Human Resources Off | Mar 1, 2026 | Award | +7,056 | – | – | 14,724 |
| Marvin Boakye VP - Chief Human Resources Off | Mar 1, 2026 | Tax withholding | −2,735 | $583.87 | $1.60M | 11,989 |
| Jeffrey T. Wiltrout VP - Corporate Strategy | Mar 1, 2026 | Award | +3,056 | – | – | 6,519 |
| Jeffrey T. Wiltrout VP - Corporate Strategy | Mar 1, 2026 | Tax withholding | −1,098 | $583.87 | $641.09K | 5,421 |
| Nathan R. Stoner VP - China ABO | Mar 1, 2026 | Award | +4,480 | – | – | 12,075 |
| Nathan R. Stoner VP - China ABO | Mar 1, 2026 | Tax withholding | −2,021 | $583.87 | $1.18M | 10,054 |
| Jonathan David Wood Vice President & CTO | Mar 1, 2026 | Tax withholding | −888 | $583.87 | $518.48K | 4,188 |
| Jonathan David Wood Vice President & CTO | Mar 1, 2026 | Award | +1,888 | – | – | 5,076 |
| Robert Enright VP - Supply Chain | Mar 1, 2026 | Tax withholding | −313 | $583.87 | $182.75K | 1,698 |
| Robert Enright VP - Supply Chain | Mar 1, 2026 | Award | +1,056 | – | – | 2,011 |
| Nicole Lamb-Hale VP, CLO & Corporate Secretary | Mar 1, 2026 | Tax withholding | −2,877 | $583.87 | $1.68M | 16,202 |
| Nicole Lamb-Hale VP, CLO & Corporate Secretary | Mar 1, 2026 | Award | +7,056 | – | – | 19,079 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| O. Gaidoo John Former Officer | Sep 3, 2026 | 916 | $501.75K | Sep 3, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Newsome Earl Officer | Aug 24, 2026 | 698 | $399.41K | Aug 24, 2026 | Restricted Stock Vesting Under a Registered Plan |
| G. Jackson Donald Officer | May 14, 2026 | 730 | $518.97K | May 14, 2026 | Restricted stock vesting under a registered plan |
| M. Bush Jennifer Officer | May 12, 2026 | 5,000 | $3.52M | May 12, 2026 | Acquired as compensation -- Performance Awards |
| J. Fetch Bonnie Officer | May 11, 2026 | 652 | $456.52K | May 11, 2026 | Performance Stock Units |
| R. Stoner Nathan Officer | May 11, 2026 | 607 | $421.29K | May 11, 2026 | Restricted stock vesting under a registered plan |
| Merritt Brett Officer | May 11, 2026 | 702 | $483.50K | May 11, 2026 | Performance Shares |
| Lamb-Hale Nicole Officer | May 8, 2026 | 2,408 | $1.65M | May 8, 2026 | Restricted stock vesting under a registered plan |
| Marvin Boakye Mr. Officer | May 8, 2026 | 3,481 | $2.37M | May 8, 2026 | Acquired as compensation -- Restricted Stock Units |
| Rochelle Davis Amy Officer | Mar 3, 2026 | 4,054 | $2.35M | Mar 3, 2026 | Restricted and Performance Stock Units |
| G. Jackson Donald Officer | Feb 24, 2026 | 1,600 | $960.20K | Feb 24, 2026 | Exercise of options under a registered plan |
| Newsome Earl Officer | Feb 23, 2026 | 1,300 | $758.78K | Feb 23, 2026 | Restricted stock vesting under a registered plan |
| Rochelle Davis Amy Officer | Feb 23, 2026 | 1,864 | $1.11M | Feb 23, 2026 | Performance Stock Units |
| M. Bush Jennifer Officer | Feb 10, 2026 | 4,270 | $2.50M | Feb 10, 2026 | Exercise of options under a registered plan |
| William I. Miller Director | Feb 10, 2026 | 18,107 | $10.61M | Feb 10, 2026 | Stock Grant |