Equities Analysts Offer Predictions for Cummins Q4 Earnings

Cummins Inc. (NYSE:CMI) – Equities researchers at Zacks Research increased their Q4 2025 earnings per share (EPS) estimates for shares of Cummins in a research note issued to investors on Tuesday, February 18th. Zacks Research analyst R. Singhi now anticipates that the company will earn $5.81 per share for the quarter, up from their prior forecast of $5.44. The consensus estimate for Cummins’ current full-year earnings is $22.57 per share. Zacks Research also issued estimates for Cummins’ Q2 2026 earnings at $6.72 EPS, FY2026 earnings at $26.86 EPS and FY2027 earnings at $26.06 EPS.

Several other equities research analysts have also weighed in on CMI. Barclays lifted their price target on shares of Cummins from $310.00 to $381.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th. Citigroup reduced their target price on Cummins from $435.00 to $430.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Bank of America upgraded Cummins from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $354.00 to $358.00 in a report on Tuesday, January 14th. Truist Financial lifted their price objective on Cummins from $424.00 to $425.00 and gave the company a “hold” rating in a report on Thursday, January 16th. Finally, Robert W. Baird increased their target price on Cummins from $395.00 to $407.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 5th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cummins presently has an average rating of “Hold” and an average price target of $386.67.

Cummins Stock Performance

Shares of NYSE:CMI opened at $386.22 on Thursday. The company has a market capitalization of $53.10 billion, a price-to-earnings ratio of 13.71, a P/E/G ratio of 2.13 and a beta of 1.00. The firm’s 50 day simple moving average is $361.24 and its 200 day simple moving average is $340.82. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.31 and a quick ratio of 0.80. Cummins has a fifty-two week low of $259.06 and a fifty-two week high of $387.90.

Cummins (NYSE:CMI) last released its earnings results on Tuesday, February 4th. The company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.70 by $0.46. The firm had revenue of $8.45 billion for the quarter, compared to analyst estimates of $8.06 billion. Cummins had a return on equity of 27.12% and a net margin of 11.57%. The company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.14 earnings per share.

Hedge Funds Weigh In On Cummins

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Cummins by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 16,961,646 shares of the company’s stock worth $5,912,830,000 after acquiring an additional 250,650 shares in the last quarter. State Street Corp raised its stake in shares of Cummins by 2.1% during the 3rd quarter. State Street Corp now owns 6,300,051 shares of the company’s stock worth $2,039,894,000 after purchasing an additional 126,703 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Cummins by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 3,377,583 shares of the company’s stock valued at $1,174,504,000 after buying an additional 84,112 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Cummins by 2.2% in the fourth quarter. Fisher Asset Management LLC now owns 3,072,457 shares of the company’s stock valued at $1,071,059,000 after buying an additional 66,887 shares in the last quarter. Finally, Pathway Financial Advisers LLC increased its holdings in Cummins by 31,489.1% during the third quarter. Pathway Financial Advisers LLC now owns 2,531,869 shares of the company’s stock worth $819,794,000 after buying an additional 2,523,854 shares during the last quarter. 83.46% of the stock is currently owned by institutional investors and hedge funds.

Cummins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Friday, February 21st will be given a dividend of $1.82 per share. The ex-dividend date is Friday, February 21st. This represents a $7.28 annualized dividend and a yield of 1.88%. Cummins’s dividend payout ratio (DPR) is presently 25.84%.

Cummins Company Profile

Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.