Cummins Inc.· CMI

🇺🇸 US · LargeSP500NYSE

Industrials Industrial - Machinery Website

Price: $560.75
Day: +2.80%
Mkt Cap: $77.38B
52W Range: $390.11 – $737.76
Volume: 1.06M
Beta: 1.23

D55D FrameworkQuarterly Data

Holdings Analysis

Insider activity, institutional flows, and fund ownership.

Smart Money: 3.8 / 5 (Bullish), from 3 of 3 components
Institutions Q2 2026: 2,161 institutions hold; 1,063 added, 730 reduced
Insiders Q3 2026: no purchases, 1 sale ($399.4K)

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Cummins Inc.

CMI|Industrials|Industrial - Machinery

Current price: $561

Smart Money

Dimension 5 of 5

Insider selling pace · Q3 2026

0.0x

quarter in progress, filings still arriving

Seller breadth · Q3 2026

1 seller

vs 4.0 avg per quarter

Institutional net breadth · Q2 2026

+478

1,342 adding vs 864 reducing

Institutional ownership · Q2 2026

N/A

overlapping 13F filings

Insider Selling Pace

Each quarter's selling vs this stock's own trailing 6-quarter average

Light <0.5xRoutineElevated >1.5xHeavy >3xBuying

Institutional Positions

Institutions adding above the line, reducing below, net as a line

NewIncreasedReducedClosedNet

Largest Institutional Holders, Q2 2026

By reported market value, and how each moved in the quarter

Holder

Change

BLACKROCK, INC.

11.5M

-2.7%

VANGUARD CAPITAL MANAGEMENT LLC

9.0M

+0.5%

VANGUARD PORTFOLIO MANAGEMENT LLC

7.5M

+0.6%

STATE STREET CORP

6.9M

+1.6%

FMR LLC

6.1M

+12.3%

FISHER ASSET MANAGEMENT, LLC

3.6M

+3.0%

ETF & Fund Activity, Q2 2026

How the covering funds split between buying, holding and selling

121

194

180

121 buying194 unchanged180 selling

494 funds held CMI in Q2 2026, holding 52.2M shares between them, up 1.7% on the quarter.

Largest fund holders

LEGG MASON PARTNERS INVESTMENT TRUST1.8K sh

Investment Managers Series Trust1.7K sh

PROFESSIONALLY MANAGED PORTFOLIOS1.7K sh

Notable Insider Transactions, Q3 2026

Largest open-market purchases and sales by value in the last eight quarters

Sale · Feb 11

MILLER WILLIAM I

$4.2M

Sale · Oct 6

Smith Mark Andrew

$3.5M

Sale · Aug 13

Smith Mark Andrew

$2.6M

Insider transactions from SEC Form 4 filings; institutional holdings from quarterly 13F filings, which are reported with a lag and can overlap between filers. 13F: quarterly institutional holdings report · ETF: Exchange-Traded Fund

See the complete picture

The full 5D Framework: Business Quality · Peer Comparison · Valuation · Analyst Sentiment · Smart Money

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Generated September 7, 2026

For educational purposes only. Not financial advice. Data may be delayed or incomplete.

Smart Money Sentiment

CMI Smart Money Sentiment Score

A weighted 1-5 sentiment score across three smart money signals.

Smart Money

3.8/5

Bullish

Weighted across 3 components

Component Breakdown (3 of 3 available)

Insider Activity

40% weight

Institutional Flow

50% weight

+82

Fund Flow

10% weight

-25

Overall Smart Money sentiment of 3.8/5 (Bullish) based on a weighted combination of 3 components. Insider activity uses a relative-baseline comparison against the stock's own history; institutional flow tracks position momentum and 13F share changes; fund flow measures ETF / mutual-fund buying vs selling. Higher scores indicate stronger bullish sentiment from professional investors.Last updated September 6, 2026.

Insider Trading Activity

Insider trading analysis comparing the latest quarter against the stock's own historical baseline.

Insider Selling Pace for CMI

Each quarter's selling vs the stock's own trailing 6-quarter average; 1.0x is typical for this stock. Green triangles mark quarters with insider buying.

Neutral

Routine insider selling in Q3 2026

1 sale totaling $399.4K (698 shares)

Share volume is well below the historical pace (0.0x average), insiders are holding more

Buying seen in 3 of 15 quarters

Steady selling pace across recent quarters

0.0x

Selling pace

quarter in progress, filings still arriving

0.20%

Stake sold

of active insiders' holdings

1 seller

Seller breadth

vs 4.0 avg per quarter

Q2 2025

Last insider purchase

buying in 3 of 16 quarters

Notable Recent Transactions, CMI

Top 8 highest-value insider trades from the last 8 quarters

MILLER WILLIAM I

Director

Sell

7,066 shares at $597.40

≈17.1% of their stake at the time

Feb 11, 2026$4.22M

Smith Mark Andrew

VP - Chief Financial Officer

Sell

8,000 shares at $439.30

≈20.2% of their stake at the time

Oct 6, 2025$3.51M

Smith Mark Andrew

VP - Chief Financial Officer

Sell

6,500 shares at $405.00

≈17.1% of their stake at the time

Aug 13, 2025$2.63M

Smith Mark Andrew

VP - Chief Financial Officer

Sell

5,310 shares at $467.37

≈14.4% of their stake at the time

Nov 6, 2025$2.48M

Smith Mark Andrew

VP - Chief Financial Officer

Sell

6,000 shares at $395.00

≈16.0% of their stake at the time

Aug 12, 2025$2.37M

Smith Mark Andrew

VP - Chief Financial Officer

Sell

4,829 shares at $415.06

≈13.3% of their stake at the time

Sep 15, 2025$2.00M

Smith Mark Andrew

VP - Chief Financial Officer

Sell

3,902 shares at $472.80

≈9.6% of their stake at the time

Nov 6, 2025$1.84M

Smith Mark Andrew

VP - Chief Financial Officer

Sell

4,922 shares at $373.64

≈15.9% of their stake at the time

Feb 10, 2025$1.84M

Institutional Ownership Analysis

Institutional ownership analysis with position momentum, 13F share flow, and ownership percentage trends.

Institutional Positions for CMI

Institutions adding (new + increased) above zero, reducing (reduced + closed) below, net as a line

New Increased Reduced Closed Net (adding − reducing)

Very Bullish

Institutions accumulating in Q2 2026

13F filings cover more than 100% of shares this quarter (overlapping reports), so ownership and share-flow figures are unreliable

Moderate accumulation: 1342 adding vs 864 reducing

Momentum improving from prior quarter

+478

Net breadth

1,342 adding vs 864 reducing

Accumulating

1.55

Add / reduce ratio

in Q2 2026

+145

New − closed

279 initiated, 134 exited

8 of 10

Top holders adding

largest holders that added

Position Changes

Q2 2026: how are institutions adjusting their positions?

+1342 growing-864 shrinkingNet: +478

279

1063

730

134

New (279)

Increased (1063)

Reduced (730)

Closed (134)

Top Institutional Holders, CMI

Largest 8 institutional positions by ownership percentage as of Q2 2026

BLACKROCK, INC.

11.5M

$8.2B

Ownership

8.33%

-2.7%

VANGUARD CAPITAL MANAGEMENT LLC

9.0M

$6.4B

Ownership

6.52%

+0.5%

VANGUARD PORTFOLIO MANAGEMENT LLC

7.5M

$5.4B

Ownership

5.46%

+0.6%

STATE STREET CORP

6.9M

$4.9B

Ownership

5.00%

+1.6%

FMR LLC

6.1M

$4.3B

Ownership

4.41%

+12.3%

FISHER ASSET MANAGEMENT, LLC

3.6M

$2.6B

Ownership

2.60%

+3.0%

GEODE CAPITAL MANAGEMENT, LLC

3.2M

$2.3B

Ownership

2.34%

-13.7%

MORGAN STANLEY

3.1M

$2.2B

Ownership

2.25%

+1.5%

ETF and Mutual Fund Holdings

ETF and mutual fund activity breakdown showing buying vs selling funds, top fund holders, and detailed holdings.

Fund Activity

Q2 2026: 495 ETFs and mutual funds reporting

121 buying180 sellingNet: -59

121

194

180

Buying (121)

Unchanged (194)

Selling (180)

In total, funds bought 3.0M shares and sold 2.1M this quarter. Each fund counts once in the bar above, whatever the size of its move.

Bearish Signal

Funds distributing in Q2 2026

495 ETFs and mutual funds reporting

180 funds selling vs 121 buying

Top Fund Holders, CMI

Largest 8 ETF and mutual fund positions by shares held, each fund's latest filing

LEGG MASON PARTNERS INVESTMENT TRUST

1.8K

Weight

0.00%

Jun 30, 2026No change

Investment Managers Series Trust

1.7K

Weight

0.00%

Jun 30, 2026No change

PROFESSIONALLY MANAGED PORTFOLIOS

1.7K

Weight

0.00%

Jun 30, 2026No change

TAX-MANAGED GROWTH PORTFOLIO

1.7K

Weight

0.30%

Jun 30, 2026No change

CALVERT IMPACT FUND INC

1.6K

Weight

0.01%

Jun 30, 2026Decreased

Northern Lights Fund Trust

1.6K

Weight

0.00%

Jul 31, 2026No change

Collaborative Investment Series Trust

1.6K

Weight

0.23%

Jun 30, 2026Decreased

AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

1.5K

Weight

0.00%

Jun 30, 2026Decreased

Cummins Inc.· CMI

Holdings Analysis

Insider Trading Activity

1.3Transaction History113Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings173Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights

Search stocks

Holdings Analysis

Insider Trading Activity

1.3Transaction History113Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings173Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights