Cummins Ownership
| CMI Stock | USD 377.39 2.12 0.56% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 137.9 M | Current Value 138.1 M | Avarage Shares Outstanding 155.4 M | Quarterly Volatility 35.2 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Cummins |
Cummins Stock Ownership Analysis
About 87.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.75. Cummins recorded earning per share (EPS) of 15.03. The entity last dividend was issued on the 22nd of November 2024. The firm had 2:1 split on the 3rd of January 2008. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana. Cummins operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 59900 people. For more info on Cummins please contact Norman Linebarger at 812 377 5000 or go to https://www.cummins.com.Besides selling stocks to institutional investors, Cummins also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Cummins' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Cummins' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Cummins Quarterly Liabilities And Stockholders Equity |
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Cummins Insider Trades History
Less than 1% of Cummins are currently held by insiders. Unlike Cummins' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Cummins' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Cummins' insider trades
Cummins Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cummins is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cummins backward and forwards among themselves. Cummins' institutional investor refers to the entity that pools money to purchase Cummins' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Public Investment Fund | 2024-06-30 | 1.6 M | Northern Trust Corp | 2024-09-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.6 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.5 M | Stifel Financial Corp | 2024-06-30 | 1.5 M | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.3 M | Royal Bank Of Canada | 2024-06-30 | 1.3 M | Lsv Asset Management | 2024-09-30 | 1.2 M | Vanguard Group Inc | 2024-09-30 | 16.7 M | Blackrock Inc | 2024-06-30 | 12 M |
Cummins Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cummins insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cummins' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cummins insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Satterthwaite Tony over three months ago Disposition of 24250 shares by Satterthwaite Tony of Cummins at 109.09 subject to Rule 16b-3 | ||
Lisa Yoder over a year ago Acquisition by Lisa Yoder of 1407 shares of Cummins subject to Rule 16b-3 |
Cummins' latest congressional trading
Congressional trading in companies like Cummins, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Cummins by those in governmental positions are based on the same information available to the general public.
| 2024-09-02 | Representative John James | Acquired Under $15K | Verify | ||
| 2024-08-21 | Representative Jared Moskowitz | Acquired Under $15K | Verify |
Cummins Outstanding Bonds
Cummins issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cummins uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cummins bonds can be classified according to their maturity, which is the date when Cummins has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| CUMMINS INC 7125 Corp BondUS231021AJ54 | View | |
| CUMMINS INC 565 Corp BondUS231021AK28 | View | |
| US231021AD84 Corp BondUS231021AD84 | View | |
| CUMMINS INC Corp BondUS231021AT37 | View | |
| US231021AU00 Corp BondUS231021AU00 | View | |
| US231021AS53 Corp BondUS231021AS53 | View | |
| CUMMINS INC 4875 Corp BondUS231021AQ97 | View |
Cummins Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 15th of October 2024 Other Reports | ViewVerify | |
| 13th of September 2024 Other Reports | ViewVerify |
Currently Active Assets on Macroaxis
When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cummins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.277 | Dividend Share 6.86 | Earnings Share 15.03 | Revenue Per Share 245.499 | Quarterly Revenue Growth 0.003 |
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.