Analyst Upgrades – Cummins (NYSE:CMI) Stock Gets Upgraded By Bank of America from Neutral to Buy

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Analyst Ratings For Cummins (NYSE:CMI)

Today, Cummins (NYSE:CMI) stock received an upgrade by Bank of America from Neutral to Buy with a price target of $215.00.

Some recent analyst ratings include

  • 1/19/2018-Bank of America Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 1/16/2018-Seaport Global Securities Reiterated Rating of Neutral.
  • 12/12/2017-Barclays initiated coverage with a Equal Weight rating.
  • 12/7/2017-Oppenheimer initiated coverage with a Outperform rating.
  • 11/30/2017-Goldman Sachs Group was Downgraded by analysts at Goldman Sachs Group from a “Buy ” rating to a ” Neutral” rating. They now have a $180.00 price target on the stock.

Dividend information for Cummins (NYSE:CMI)

Cummins (NYSE:CMI) pays an annual dividend of $4.32 with a yield of 2.29% and an average dividend growth of 14.40% based on a 3 Year Average..

Dividend History for Cummins (NYSE:CMI)

  • On 10/10/2017 Cummins announced a quarterly dividend of $1.08 2.51% with an ex dividend date of 11/16/2017 which will be payable on 12/1/2017.
  • On 7/11/2017 Cummins announced a quarterly dividend of $1.08 2.61% with an ex dividend date of 8/16/2017 which will be payable on 9/1/2017.
  • On 5/9/2017 Cummins announced a quarterly dividend of $1.03 2.58% with an ex dividend date of 5/17/2017 which will be payable on 6/1/2017.
  • On 2/14/2017 Cummins announced a quarterly dividend of $1.03 2.7% with an ex dividend date of 2/22/2017 which will be payable on 3/6/2017.
  • On 10/11/2016 Cummins announced a quarterly dividend of $1.03 3.21% with an ex dividend date of 11/17/2016 which will be payable on 12/1/2016.
  • On 7/12/2016 Cummins announced a quarterly dividend of $0.98 3.47% with an ex dividend date of 8/18/2016 which will be payable on 9/1/2016.
  • On 5/10/2016 Cummins announced a quarterly dividend of $0.98 3.4% with an ex dividend date of 5/18/2016 which will be payable on 6/1/2016.

Recent Insider Trading Activity For Cummins (NYSE:CMI)
Cummins (NYSE:CMI) has insider ownership of 0.62% and institutional ownership of 82.36%.

  • On 8/9/2017 Franklin R Changdiaz, Director, sold 1,633 with an average share price of $159.27 per share and the total transaction amounting to $260,087.91.
  • On 7/25/2017 Pat Ward, CFO, sold 5,000 with an average share price of $169.00 per share and the total transaction amounting to $845,000.00.
  • On 7/25/2017 Tony Satterthwaite, Insider, sold 4,000 with an average share price of $169.00 per share and the total transaction amounting to $676,000.00.
  • On 7/24/2017 Jill E Cook, Insider, sold 7,000 with an average share price of $165.86 per share and the total transaction amounting to $1,161,020.00.
  • On 7/6/2017 Richard Joseph Freeland, COO, sold 22,550 with an average share price of $165.00 per share and the total transaction amounting to $3,720,750.00.
  • On 7/6/2017 Tony Satterthwaite, Insider, sold 4,000 with an average share price of $164.50 per share and the total transaction amounting to $658,000.00.
  • On 6/19/2017 Pat Ward, CFO, sold 14,050 with an average share price of $163.95 per share and the total transaction amounting to $2,303,497.50.

Recent Trading Activity for Cummins (NYSE:CMI)
Shares of Cummins closed the previous trading session at 188.88 up +5.16 2.81% with 414043 shares trading hands.