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CUMMINS (NYSE: CMI) STOCK QUOTE

Last Trade: US$195.02 9.13 4.91
Volume: 1,074,033
5-Day Change: -2.08%
YTD Change: -10.60%
Market Cap: US$27.890B

LATEST NEWS FROM CUMMINS

Meritor, Inc. (NYSE: MTOR) today announced that its shareholders have voted to approve the previously announced pending acquisition by Cummins Inc. (NYSE: CMI) at a special meeting. "The strong support our shareholders have expressed for this transaction reflects the compelling value and important opportunity to shape the future of powertrain components and accelerate development of electrified power solutions for commercial... Read More
Cummins Inc. (NYSE: CMI), a global power and hydrogen technologies leader, and Daimler Truck North America (DTNA), the largest heavy-duty truck manufacturer in North America, are collaborating to upfit and validate Freightliner Cascadia trucks with a Cummins hydrogen fuel cell powertrain for use in North America. Freightliner will leverage Cummins’ fourth generation fuel cell powertrain, which provides improved power... Read More
The Board of Directors of Cummins Inc . (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on June 2, 2022, to shareholders of record on May 20, 2022. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range... Read More
Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2022. First quarter revenues of $6.4 billion increased 5 percent from the same quarter in 2021. Sales in North America increased 12 percent while international revenues decreased 3 percent, driven primarily by a slowdown in China. “Demand for our products remains strong across many of our key markets and regions, resulting in record revenues in the... Read More
Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. The number of shares to be offered and the price range for the IPO have not yet been... Read More
Cummins Inc. (NYSE: CMI) today announced that it has closed on its acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp. Jacobs Vehicle Systems is a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The addition of JVS brings new technologies that will provide growth opportunities for Cummins’ current and future advanced engine platforms. The... Read More
Florida Power & Light Company (FPL) today announced Cummins Inc. (NYSE: CMI) will supply a 25-megawatt (MW) electrolyzer system for the groundbreaking FPL Cavendish NextGen Hydrogen Hub – Florida’s first of its kind “green” hydrogen plant – which could lay the groundwork for a 100% carbon-free energy future. “At FPL, we are always looking over the horizon and focused on making smart, long-term investments to build a more... Read More
At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared the Company’s plans to generate profitable growth driven through leadership in the design, manufacture, and support of powertrain technology across a number of fuel types and power sources. “The decarbonization of our economy is critical to our way of life and our industry will play a... Read More
Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) today announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of... Read More
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Global power leader Cummins Inc. (NYSE: CMI) announced today that it is expanding its industry-leading powertrain platforms, leveraging a range of lower carbon fuel types. As the industry’s first unified, fuel-agnostic engines, these platforms will use engine blocks and core components that share common architectures and will... Read More
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Today, Cummins Inc. (NYSE: CMI) announced Jennifer Rumsey, its President and Chief Operating Officer, has been elected to the company’s Board of Directors. “I am thrilled Jennifer Rumsey will join the Cummins Board of Directors,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “Jen brings the skills and perspectives we... Read More
Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The agreement brings the addition of new technologies to provide growth opportunities for Cummins’ current and future advanced diesel engine platforms. The... Read More
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on March 3, 2022, to shareholders of record on February 18, 2022. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products... Read More
Cummins Inc. (NYSE: CMI) and Westport Fuel Systems Inc. (“Westport”) (TSX:WPRT | Nasdaq:WPRT) have agreed to a share purchase agreement for the sale of Westport’s stake in the Cummins Westport Joint Venture (“JV”) with CMI continuing to operate the business as the sole owner. As previously reported, the Cummins Westport Inc. joint venture agreement terminated effective December 31, 2021. As part of the agreement, Cummins... Read More
Today, Cummins Inc. (NYSE: CMI) Chairman and CEO Tom Linebarger was in Washington, D.C. speaking at a White House event focused on the Build Back Better Act. He joined President Joe Biden and several other business CEOs. Linebarger was one of three CEOs to have a speaking role during the formal press portion that took place at 1 p.m. During his public and private discussions with President Biden and the other business... Read More
Today, Cummins Inc. (NYSE: CMI) named Mark Sifferlen the company’s first Vice President – Chief Risk Officer and leader of Environmental, Social and Governance (ESG) Strategy for the company, effective February 1. The company also named Schuyla Jeanniton Executive Director, Ethics and Compliance, to backfill Mark Sifferlen. Jeanniton will also serve as the Chief of Staff and Quality Lead for the Chief Administrative Officer... Read More
Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited announced an agreement to create a prototype medium-duty, battery electric truck to demonstrate in North America. This truck represents the first zero-emissions solution facilitated by the Isuzu Cummins Powertrain Partnership (ICPP) formed in May 2019. Through this arrangement, Cummins will integrate the Cummins PowerDrive6000 into Isuzu’s F-Series truck and will pilot the... Read More
Today, Cummins Inc. (NYSE: CMI) named Jeff Wiltrout, Vice President- Corporate Strategy, effective immediately. Wiltrout has served in this role on an interim basis since Thad Ewald’s departure from Cummins last year. “I am thrilled to have Jeff take this role, and I’m confident his experience and leadership capabilities make him the ideal leader for this work,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “During his... Read More
Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The joint venture between Rush Enterprises and Cummins will seek to enhance production of near-zero emissions natural gas powertrains by manufacturing Cummins-branded natural gas fuel delivery systems for the... Read More
Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The joint venture between Rush Enterprises and Cummins will seek to enhance production of near-zero emissions natural gas powertrains by manufacturing Cummins-branded natural gas fuel delivery systems for the... Read More
Today, Cummins Inc. (NYSE: CMI) announced that it has named Chris Clulow, Vice President, Investor Relations, and Luther Peters, Vice President, Corporate Controller, effective March 1. Clulow is replacing Jack Kienzler who moved to Cummins Filtration on January 1 and Peters is taking Clulow’s former position. “I am thrilled to have Chris and Luther leading our global finance teams in these new roles,” said Mark Smith, Chief... Read More
Today, Cummins Inc. (NYSE: CMI) announced that Bonnie Fetch has been named Vice President – Global Supply Chain and Manufacturing, effective February 1. Fetch currently serves as Vice President – North America Regional Operating Team and Distribution Business Supply Chain Services. “Bonnie is the right person for this role as we continue navigating supply chain challenges and executing our Supply Chain transformation,” said... Read More
On December 14, the Board of Directors of Cummins Inc. (NYSE: CMI) authorized the Company to repurchase up to $2 billion in shares of common stock upon completion of its 2019 $2 billion share repurchase program. "The latest share repurchase program reinforces our commitment to delivering strong returns to shareholders and reflects our confidence in our long-term performance," said Tom Linebarger, Cummins Chairman and Chief... Read More
Century Aluminum Company (NASDAQ: CENX) announced today that its Board of Directors (the “Board”) increased the size of the Board from five to six members on December 6, 2021 and appointed Jennifer (“Jenny”) Bush as an independent director effective immediately with a term expiring at Century’s annual meeting of stockholders in 2022. Ms. Bush has been with Cummins Inc. (NYSE: CMI) since 1997 and has been serving as the Vice... Read More
Cummins Inc. (NYSE: CMI) has entered into an agreement with Sion Power Corporation, a leading developer of high-energy rechargeable battery technology, to design and supply battery cells based on their proprietary lithium metal technology for commercial vehicle applications. In connection with the agreement, Cummins has made an investment in Sion Power. The investment provides Cummins a minority stake in Sion Power, allows... Read More
Today, Cummins Inc. (NYSE: CMI) announced that Steph Disher has been named Vice President – Cummins Filtration, effective November 15. Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. Through these challenges, the business consistently has delivered solid financial performance. Disher has led the business as Cummins... Read More
Cummins Inc. (NYSE: CMI) was named today one of 45 inaugural recipients of the Terra Carta Seal, an initiative led by the United Kingdom’s Prince Charles to recognize businesses for their commitment to environmental sustainability and decarbonization. Inspired by the Magna Carta, the medieval document that remains an important symbol of liberty around the world, the Terra Carta is a recovery plan for the planet that serves... Read More
Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2021. Third quarter revenues of $6.0 billion increased 17 percent from the same quarter in 2020. Sales in North America increased 13 percent while international revenues increased 22 percent driven by strong demand across all global markets outside of China compared to the same quarter in 2020. “Demand remained strong in the third quarter as the global... Read More
Cummins Inc. (NYSE: CMI) Chairman and CEO Tom Linebarger, which announced the company’s support on October 1 for the climate change provisions of the reconciliation bill, today said he is pleased with the progress on both the Infrastructure, Investment and Jobs Act and the Build Back Better Act framework, and encourages Congress to pass the legislation quickly. Linebarger issued the following statement: “We are pleased with... Read More
Cummins Inc. (NYSE: CMI) announced today it has been accepted into two influential groups advocating for climate action ahead of the global COP26 climate summit in Glasgow, Scotland (U.K.) starting Oct. 31. The Business Ambition for 1. 5°C campaign encourages companies to set robust emission reduction goals for greenhouse gases (GHGs) using science-based targets aligned to the 2015 Paris Climate Accords. By extension,... Read More
Cummins Inc. (NYSE: CMI) today announced that it will bring to market a 15-liter natural gas engine for heavy-duty trucks. The 15-liter natural gas engine is an important part of Cummins strategy for its path to zero emissions to go further, faster to reduce the greenhouse gas and air quality impacts of its products in a way that is best for its customers and all stakeholders. The strategy focuses on new powertrains... Read More
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on December 2, 2021, to shareholders of record on November 19, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products... Read More
Cummins Inc. (NYSE: CMI), a global power technology leader, will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins is a market leader in delivering powertrains that provide leading performance and fuel economy through the integration of hardware and software. With these new software features, Cummins will extend these core capabilities into the ADS... Read More
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Today, Cummins Inc. (NYSE: CMI) announces the new SD 20 diesel generator set for commercial mobile applications. The SD 20 is well suited for a variety of trailer and vehicle applications such as disaster relief, mobile medical, mobile command centers, ambulances, food trucks, utility boom trucks and many others. "We are... Read More
Headline of release should read: Cummins Encourages Congress to Pass Reconciliation Bill to Combat Climate Change and Invest in a Decarbonized Future (instead of Cummins Encourages Congress to Pass 265800 Bill to Combat Climate Change and Invest in a Decarbonized Future). The updated release reads: CUMMINS ENCOURAGES CONGRESS TO PASS RECONCILIATION BILL TO COMBAT CLIMATE CHANGE AND INVEST IN A DECARBONIZED FUTURE Cummins... Read More
Cummins Inc. (NYSE: CMI) today announced its support for the climate change provisions of the reconciliation bill and encourages Congress to pass the legislation. The path to a decarbonized and sustainable future requires the engagement of everyone – government, businesses of all sizes, as well as communities and individuals. “The decarbonization investments in the reconciliation bill are critical to accelerating the... Read More
Daimler Truck AG and U.S.-based global power leader and engine manufacturer Cummins Inc. (NYSE: CMI) announced in February that they would enter into a global strategic partnership for medium-duty engines. The details of the agreement have been established and the framework agreement has been signed by both companies. Under the strategic partnership, Cummins will invest in the further development of the medium-duty engine... Read More
Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2021. Second quarter revenues of $6.1 billion increased 59 percent from the same quarter in 2020. Sales in North America increased 74 percent while international revenues increased 42 percent driven by strong demand across all global markets compared to the same quarter in 2020, which was impacted significantly by the pandemic. Currency positively... Read More
Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc. , (NYSE: CMI) a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides the framework for Chevron and Cummins to initially collaborate on four... Read More
The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share. The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021. “This marks our 12 th consecutive year of increasing our dividend, demonstrating a consistent trend of returning capital to... Read More
Cummins Inc. (NYSE: CMI) has taken another step forward in advancing zero carbon technology as the company began testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins’ existing technology leadership in gaseous-fuel applications and powertrain leadership to create new power solutions that help customers meet the energy and environmental needs of the future. “Cummins is thrilled... Read More
Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have signed a Letter of Intent for Cummins to acquire a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The proposed transaction is expected to close later this year, subject to completion of customary pre-closing activities and entering into mutually agreeable transaction documentation. The joint... Read More
Global power leader Cummins Inc. (NYSE: CMI) joined today government leaders and partner Iberdrola, one of the world’s largest energy companies, to announce its plans for one of the world’s largest electrolyzer plants for the production of green hydrogen to be located in Castilla-La Mancha, Spain. This investment in Spain comes on the heels of Iberdrola and Cummins’ decision to partner together on large-scale hydrogen... Read More
Cummins Inc. WHAT: Iberdrola and Cummins will announce their joint work to accelerate the growth of business opportunities in the hydrogen sector and Iberian electrolyzer market to position Spain as the technology and industry leader in Europe. WHO: Chairman and CEO of Cummins, Tom Linebarger Chairman and CEO of Iberdrola, Ignacio Galán Fourth Vice-President of the Government of Spain and Minister for Ecological Transition... Read More
Cummins Inc. (NYSE: CMI) is proud to announce the launch of the C1000N6B and C1300N6 NFPA 110 Type 10 capable natural gas generator sets for peaking and standby power applications. Designed for ease of commissioning and installation, the QSK60G gas generator series meets NFPA 110, 10-second start with UL2200 and CSA22.2 listings. This generator set is delivered with a skid-mounted radiator, Cummins PowerCommand 3.3... Read More
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on June 3, 2021, to shareholders of record on May 21, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from... Read More
Today, Cummins Inc. (NYSE: CMI) announced the election of Carla Harris to its Board of Directors. Ms. Harris is Vice Chairman of Wealth Management and Senior Client Advisor at Morgan Stanley. Over her 30-year career with Morgan Stanley, her experiences include investment banking, equity capital markets, equity private placements, and initial public offerings in a number of industries such as technology, transportation, and... Read More
Global technology and power solutions leader Cummins Inc. (NYSE: CMI) and KBR (NYSE: KBR) have signed a memorandum of understanding (MoU) to collaborate on offering a complete and integrated solution to produce ammonia from renewable sources, commonly referred to as green ammonia. As leaders in their respective markets, Cummins in proton exchange membrane (PEM) electrolysis to generate hydrogen, and KBR with ammonia... Read More
Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2021. First quarter revenues of $6.1 billion increased 22 percent from the same quarter in 2020. Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new product sales in China and India. “Demand accelerated in the first quarter, as the global economy... Read More
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Cummins Inc. (NYSE: CMI) and Tula Technology, Inc. , a leader in propulsion efficiency, announced today at the Society of Automotive Engineers World Congress in Detroit the results of their collaborative study on the effectiveness of Tula’s diesel Dynamic Skip Fire (dDSF™) in reducing nitrogen oxides (NOx) and carbon dioxide... Read More
Today, Cummins Inc. (NYSE: CMI) Chairman and CEO, Tom Linebarger issued the following statement: “Cummins supports the Business Roundtable’s recent statement on the importance of voting, and we agree “the right to vote is the essence of a democratic society.” We are active in, and support, efforts to advance voter accessibility and to make this fundamental right more broadly available. We are stronger as a nation when more... Read More
One Network Enterprises (ONE), a global provider of multi-party business networks for autonomous supply chain management, today announced that its customer Cummins Inc . (NYSE: CMI), a Fortune 500 corporation and a global power leader, has gone live on the One Network Platform with attribute-based forecasting, multi-tier inventory optimization and integrated inbound supply visibility. Leveraging One Network's platform and... Read More
During the virtual 2021 NTEA Work Truck Show, Hino Trucks announced their intent to produce medium- and heavy-duty Hino trucks with Cummins engines for sale in North America. As a result of this announcement, Hino intends to offer Cummins B6.7™ and L9™ engines in Hino’s L and XL Series models by the end of 2021. “We are thrilled to offer Cummins’ proven B6.7 and L9 engines,” stated Hino’s Bob Petz, Senior VP of Vehicle and... Read More
Global power leader Cummins Inc. (NYSE: CMI) and Cummins Westport Inc. announced today that the ISX12N+Endurant HD N powertrain from its Integrated power portfolio is now available for heavy-duty customers, delivering a fully integrated natural gas powertrain. The combination of the ISX12N near zero natural gas engine and the Endurant HD N 12-speed automated transmission from Eaton Cummins Automated Transmission Technologies... Read More
Cummins Inc. (NYSE: CMI) announced today Nicole Y. Lamb-Hale is succeeding Sharon Barner as Vice President and General Counsel, effective in May. The company announced on February 2 that Barner is being promoted to Vice President and Chief Administrative Officer. “Nicole is a dynamic, strategic and effective leader with global experience and a remarkable legal understanding that will equip her to continue to lead, shape and... Read More
Cummins Inc. (NYSE: CMI) announced today that several leaders were named vice presidents, effective March 1. These appointments are consistent with the company's approach to succession planning and leadership development to ensure the company is best positioned for continued growth and success. "The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company, employees... Read More
Today, Daimler Truck AG and global power leader and independent engine manufacturer Cummins Inc. (NYSE: CMI) announced that the companies have signed a memorandum of understanding establishing a global strategic partnership for medium duty engine systems. The companies added that other opportunities for collaboration are also being evaluated. As part of the planned strategic partnership, Cummins will invest in the further... Read More
Cummins Inc. (NYSE: CMI) announced today that several leaders were appointed to new key roles, effective March 1. These appointments are consistent with the company’s approach to leadership development and succession planning to ensure the company is best positioned for continued growth and success. “The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company,... Read More
Cummins Inc. (NYSE: CMI) announced today that Tony Satterthwaite is being named Vice Chairman and Jennifer Rumsey will succeed Satterthwaite as President and Chief Operating Officer, effective March 1. "I am thrilled to have Tony join the Chairman's office and confident he's the right leader for this role, given the significant opportunities in front of us," said Tom Linebarger, Chairman and CEO, Cummins Inc. "Tony... Read More
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on March 4, 2021, to shareholders of record on February 19, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products... Read More
Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (Isuzu) announced agreements for a global mid-range diesel powertrain and an advanced engineering collaboration, marking another step forward in the Isuzu Cummins Powertrain Partnership (ICPP). The partnership, formed in May 2019, formalized a business structure for the two companies to evaluate and carry out opportunities to jointly develop and bring new diesel and alternate... Read More
Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter of 2020. Fourth quarter revenues of $5.8 billion increased 5 percent from the same quarter in 2019. Sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as the growth in new product sales in India. Earnings before interest, taxes, depreciation and... Read More
Cummins Inc. (NYSE: CMI) announced today that Chief Administrative Officer (CAO) Marya Rose will be retiring, effective April 2021, after more than 20 years in leadership positions with the company. Vice President and General Counsel, Sharon Barner, will succeed Rose. Marya Rose (Photo: Business Wire) “Marya has had an incredible career, and during her more than two decades at Cummins, we have benefitted greatly from her... Read More
Global technology and power solutions leader Cummins Inc. (NYSE: CMI) has provided a 20-megawatt PEM electrolyzer system to generate green hydrogen, making it the largest in operation in the world. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Quebec and began commercial operation in late 2020. The Cummins PEM Electrolyzer can produce over 3,000 tons of hydrogen... Read More

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