CMI

Cummins Inc.
NYSEUSDEQUITY Industrials DELAYED
Last price
537.00
▲ 13.63 (2.60%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
527.37
Prev close
523.37
Day high
540.49
Day low
525.50
Volume
785.34K
Market cap
$73.69B
P/E (TTM)
26.74
52W range
400.72 – 737.76

Day trading desk

Current session · delayed
Gap from prior close
+0.76%
Prior close 523.37
VWAP
533.68
+0.62% from price
Relative volume
1.29×
Normal
Session range
2.85%
525.50 – 540.49
Position in range
77%
Near session high
ATR (14D)
12.73
2.37% of price
Prior day high
533.16
PDH
Prior day low
519.01
PDL
Bid / ask spread
—
Quote not published
Session volume
1.31M
Avg 1.01M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+2.67% +0.7%
1M
-4.54% -5.7%
3M
-20.01% -24.5%
6M
-3.86% -22.0%
YTD
+4.87% -9.4%
1Y
+23.69% +7.3%
3Y
+134.31% +52.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on CMI open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-10.74K
Net selling
Buy transactions
14
4.18K shares
Sell transactions
9
14.92K shares
Net transactions
+23
Buys less sells
Sell : buy shares
3.6 : 1
Mixed
Insider-held shares
291.85K
Total on file
Bought 4.18KSold 14.92K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 24, 26
NEWSOME EARL JR.
Chief Technology Officer
SELL 698 $399.41K Direct
May 19, 26
MERRITT BRETT MICHAEL
Officer
STOCK 218 $0 Direct
May 14, 26
JACKSON DONALD G
Officer
SELL 730 $518.98K Direct
May 13, 26
STONER NATHAN R
Officer
STOCK 600 $0 Direct
May 13, 26
FETCH BONNIE J
Officer
STOCK 155 $0 Direct
May 12, 26
BUSH JENNIFER MARY
Officer
SELL 5.00K $3.48M Direct
May 12, 26
LYNCH THOMAS J
Director
STOCK 306 $0 Direct
May 12, 26
MILLER WILLIAM I
Director
STOCK 306 $0 Direct
May 12, 26
BELSKE GARY L
Director
STOCK 306 $0 Direct
May 12, 26
HARRIS CARLA A
Director
STOCK 306 $0 Direct
May 12, 26
STONE JOHN H
Director
STOCK 306 $0 Direct
May 12, 26
DI LEO ALLEN BRUNO VITO
Director
STOCK 306 $0 Direct
May 12, 26
TSIEN MATTHEW
Director
STOCK 306 $0 Direct
May 12, 26
FISHER DANIEL WILLIAM
Director
STOCK 306 $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BARNER SHARON R.
Officer 24.59K Stock Gift
BERNHARD ROBERT J
Director 19.11K Stock Award(Grant)
BUSH JENNIFER MARY
Officer 12.15K Sale
DAVIS AMY ROCHELLE
Officer 15.81K Sale
LAMB-HALE NICOLE
Officer 14.08K Sale
LYNCH THOMAS J
Director 11.96K Stock Award(Grant)
MILLER WILLIAM I
Director 34.84K Stock Award(Grant)
PADMANABHAN SRIKANTH
Officer 44.44K Stock Award(Grant)
RUMSEY JENNIFER W.
Chief Executive Officer 76.90K Stock Award(Grant)
SMITH MARK ANDREW
Chief Financial Officer 39.83K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$73.69B
Enterprise value$79.11B
Revenue (TTM)$34.71B
Gross profit$8.95B
EBITDA$5.02B
Net income$2.72B
EPS (TTM)$20.02
Free cash flow$2.23B
Total cash$3.92B
Total debt$8.29B
Book value / share$93.32
Shares outstanding137.66M
Float137.08M
Short % of float3.04%
Dividend yield1.68%
Beta (5Y)1.24

Valuation & profitability ratios

Account required
Trailing P/E26.74
Forward P/E15.48
PEG ratio1.06
Price / sales—
Price / book5.74
EV / revenue2.28
EV / EBITDA15.76
Gross margin25.77%
Operating margin11.90%
Profit margin7.82%
Return on equity21.11%
Return on assets7.00%
Debt / equity59.59
Current ratio1.73
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $33.67B$34.10B$34.06B$28.07B -1.3%
Operating revenue $33.67B$34.10B$34.06B$28.07B -1.3%
Cost of revenue $25.15B$25.66B$25.82B$21.36B -2.0%
Gross profit $8.52B$8.44B$8.25B$6.72B +0.9%
Research & development $1.40B$1.46B$1.50B$1.28B -4.6%
Selling, general & admin $3.13B$3.27B$3.33B$2.69B -4.6%
Total operating expense $4.65B$5.07B$6.97B$4.14B -8.2%
Operating income $3.87B$3.37B$1.28B$2.58B +14.6%
Net interest income -$118.00M-$184.00M-$231.00M-$74.00M +35.9%
Pre-tax income $3.96B$4.90B$1.63B$2.82B -19.2%
Tax provision $1.01B$835.00M$786.00M$636.00M +20.5%
Net income $2.84B$3.95B$735.00M$2.15B -28.0%
Net income to common $2.84B$3.95B$735.00M$2.15B -28.0%
Basic EPS 20.6228.555.1915.20 -27.8%
Diluted EPS 20.5028.375.1515.12 -27.7%
EBIT $4.29B$5.27B$2.00B$3.02B -18.6%
EBITDA $5.40B$6.34B$3.02B$3.80B -14.8%
Basic shares 137.90M138.20M141.70M141.50M -0.2%
Diluted shares 138.70M139.10M142.70M142.30M -0.3%

Options analytics

Account required
Put / call volume
0.53
Call-heavy session
Put / call open interest
0.69
Positioning, not flow
Max pain
540.00
+0.9% from spot
ATM implied vol
34.1%
Nearest strike to spot
Skew (10% OTM)
-3.9%
Calls bid over puts
Call volume
271
Contracts, this expiry
Put volume
144
Contracts, this expiry
Heaviest call OI
540.00
370 contracts
Heaviest put OI
530.00
463 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 7.176.73 -6.1%
Mar 2026 5.624.71 -16.3%
Dec 2025 5.024.27 -14.9%
Sep 2025 4.773.86 -19.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 8.41 9 $9.87B +18.7%
Next quarter 8.57 9 $10.03B +17.5%
Current year 28.60 13 $37.67B +11.9%
Next year 33.73 14 $41.08B +9.1%

Analyst targets & ownership

Account required
Mean target$735.51
High target$890.00
Low target$530.00
Implied upside36.97%
Analyst count20
ConsensusBUY
Strong buy / Buy4 / 11
Hold8
Sell / Strong sell0 / 0
Held by insiders0.21%
Held by institutions87.74%
Institutions holding2.69K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
523.06
+2.67% from price
SMA 20
530.79
+0.85% from price
SMA 50
575.38
-6.96% from price
SMA 100
624.41
-14.00% from price
SMA 200
603.58
-11.31% from price
EMA 12
527.53
+1.79% from price
EMA 26
541.68
-0.86% from price
EMA 50
567.80
-5.42% from price
RSI (14)
45.6
Neutral
MACD (12,26,9)
-14.15
Hist 3.77
ATR (14)
12.73
2.38% of price
Realised vol 30D
21.2%
Annualised
Bollinger upper
554.33
20, 2σ
Bollinger lower
507.25
20, 2σ
50 / 200 cross
Death
575.38 vs 603.58
Trend bias
Below 200
-11.31%

Options chain

Account required
Expiry
Spot 537.00
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.56
More volatile than market
Correlation to SPY
0.55
Loosely linked
Realised vol 30D
21.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-29.0%
Peak to trough
Max drawdown 5Y
-30.8%
Peak to trough
ATR 14
12.73
2.38% of price
Beta (reported)
1.24
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
3.63M
Prior 2.21M
Change vs prior
+64.2%
Shorts adding
% of float
3.04%
Normal
% of shares out
2.64%
Against total outstanding
Days to cover
3.6
Liquid
Float
137.08M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

376 on file
DateFirm ActionFromTo
Oct 5, 26 Truist Securities MAINTAINED Buy Buy
Sep 30, 26 UBS MAINTAINED Buy Buy
Sep 23, 26 JP Morgan MAINTAINED Neutral Neutral
Aug 11, 26 Evercore ISI Group MAINTAINED Outperform Outperform
Aug 5, 26 UBS MAINTAINED Buy Buy
Jul 17, 26 Morgan Stanley MAINTAINED Overweight Overweight
Jul 14, 26 Citigroup MAINTAINED Buy Buy
Jul 2, 26 Truist Securities MAINTAINED Buy Buy
Jun 17, 26 Wells Fargo MAINTAINED Overweight Overweight
Jun 8, 26 UBS UPGRADE Neutral Buy
Jun 1, 26 Argus Research MAINTAINED Buy Buy
May 26, 26 Raymond James MAINTAINED Outperform Outperform

Dividends & splits

Declared · from the issuer
Forward rate$8.80 / yr
Forward yield1.68%
5-year avg yield2.09%
Payout ratio40.88%
Ex-dividend dateAug 21, 2026
Next pay dateSep 3, 2026
Last split2:1
Split dateJan 3, 2008

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.