Allworth Financial LP purchased a new stake in shares of Cummins Inc. (NYSE: CMI) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 30,969 shares of the company's stock, valued at approximately $22,087,000. Several other institutional investors and hedge funds
Bank of New York Mellon Corp purchased a new stake in Cummins Inc. (NYSE: CMI) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,364,532 shares of the company's stock, valued at approximately $973,198,000. Bank of New York Mellon Corp owned
Cummins Inc. is evolving from a legacy engine supplier to a diversified power infrastructure platform, driven by surging data center and AI-related power demand. Cummins projects data center revenue to rise from $5 billion in 2026 to over $9 billion by 2030, with incremental margins near 25% and significant EBITDA upside. The Power Systems segment is already delivering high growth and margins, supporting management's raised guidance and validating the business mix shift.
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that its Power Generation business has been selected to supply battery energy storage systems (BESS) for a large U.S. data center project, supporting utility-defined requirements for managing AI-driven load fluctuations, mitigating load oscillations and enhancing ride-through performance. This announcement marks a significant milestone for Cummins' BESS business as this project would be the company's largest BESS deployme.
On August 18, 2026, we conducted a discounted cash flow (DCF) analysis for Cummins Inc (CMI) amidst a backdrop of notable price performance. The stock has seen
Bridgewater Advisors Inc. acquired a new stake in shares of Cummins Inc. (NYSE: CMI) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,125 shares of the company's stock, valued at approximately $3,973,000. Other large investors have also added to or reduced their
Bellars Harris Wealth Management LLC purchased a new position in shares of Cummins Inc. (NYSE: CMI) in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,609 shares of the company's stock, valued at approximately $9,706,000. Cummins makes up 2.0% of Bellars Harris Wealth
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