CMI - Cummins Inc.
After hours:
| Previous Close | 210.96 |
| Open | 212.31 |
| Bid | 212.70 x 800 |
| Ask | 213.75 x 800 |
| Day's Range | 210.53 - 213.67 |
| 52 Week Range | 184.28 - 261.91 |
| Volume | |
| Avg. Volume | 1,069,667 |
| Market Cap | 30.102B |
| Beta (5Y Monthly) | 1.00 |
| PE Ratio (TTM) | 11.97 |
| EPS (TTM) | 17.76 |
| Earnings Date | Jul 31, 2023 - Aug 04, 2023 |
| Forward Dividend & Yield | 6.28 (2.95%) |
| Ex-Dividend Date | May 18, 2023 |
| 1y Target Est | 257.77 |
ZacksCummins' (CMI) Spinoff Atmus Makes Impressive Trading Debut
Cummins' (CMI) spinoff Atmus makes a strong market debut, with an 11% surge in its IPO. Discover how Atmus is poised to capitalize on global demand for its filtration products.
Simply Wall St.Investing in Cummins (NYSE:CMI) five years ago would have delivered you a 70% gain
It hasn't been the best quarter for Cummins Inc. ( NYSE:CMI ) shareholders, since the share price has fallen 13% in...
ReutersCummins engine filter unit valued at $1.8 billion in strong market debut
(Reuters) -Atmus Filtration Technologies Inc, the filtration business of U.S. diesel engine maker Cummins Inc, fetched a valuation of $1.8 billion in a strong market debut on Friday. Shares of Atmus opened at $21.67, up 11% from their initial public offering price of $19.5 a share. The company had previously guided the IPO could be priced at between $18 and $21 per share.
- Reuters
UPDATE 1-Cummins braving debt ceiling jitters with $275 mln engine filter unit IPO
Diesel engine maker Cummins Inc priced the initial public offering (IPO) of its engine filtration division to raise about $275 million, the company said on Thursday, defying volatile markets which are being shaken by uncertainty over a deal on the U.S. debt ceiling. The company had previously guided the IPO could be priced at between $18 and $21 per share. The stock is scheduled to start trading on Friday on the New York Stock Exchange under the symbol "ATMU".
BloombergCummins Spinoff Atmus Prices IPO at Midpoint to Raise $275 Million
(Bloomberg) -- Cummins Inc. spinoff Atmus Filtration Technologies Inc. raised $275 million in an initial public offering, pricing its shares in the middle of a marketed range.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Employees They'll
Business WireAtmus Filtration Technologies Announces Pricing of Initial Public Offering
NASHVILLE, Tenn., May 26, 2023--Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share. The shares are expected to begin trading on the New York Stock Exchange (NYSE) on May 26, 2023 under the ticker symbol "ATMU." Atmus is not selling any shares and will not receive any proc
ReutersCummins braving debt ceiling jitters with $275 million engine filter unit IPO
(Reuters) -Diesel engine maker Cummins Inc priced the initial public offering (IPO) of its engine filtration division to raise about $275 million, the company said on Thursday, defying volatile markets which are being shaken by uncertainty over a deal on the U.S. debt ceiling. The company had previously guided the IPO could be priced at between $18 and $21 per share. The stock is scheduled to start trading on Friday on the New York Stock Exchange under the symbol "ATMU".
- Reuters
Cummins engine filtration unit IPO to brave debt ceiling jitters
Cummins Inc is pressing ahead with plans to price the initial public offering (IPO) of its engine filtration division on Thursday, defying the market volatility fueled by concerns over the lack of a deal to raise the U.S. debt ceiling. The carved-out division, Atmus Filtration Technologies Inc, is seeking to raise about $275 million by signing up investors to the IPO on Thursday evening, before its shares start trading in New York on Friday. It is a bet that market volatility, which can be detrimental to IPOs because it dents investor confidence in a company's valuation, will not derail the offering.
ACCESSWIREAccelera Marks the Start of U.S. Electrolyzer Production in Minnesota
NORTHAMPTON, MA / ACCESSWIRE / May 24, 2023 / Cummins Inc.: Accelera ™ by Cummins, the zero-emissions business segment of Cummins Inc., has started operations for electrolyzer production in Fridley, Minnesota - its first electrolyzer production ...
ZacksCummins (CMI) Signs Deal to Buy Faurecia's Manufacturing Plants
Cummins (CMI) to acquire Faurecia's commercial vehicle manufacturing facilities and related activities in Roermond and Columbus for EUR142 million.
- Simply Wall St.
Cummins (NYSE:CMI) Has More To Do To Multiply In Value Going Forward
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
- Business Wire
Cummins to Acquire Parts of Faurecia’s Commercial Vehicle Exhaust Business in Europe and the United States
COLUMBUS, Ind., May 23, 2023--Cummins Inc. (NYSE: CMI) today announced it has entered into a definitive agreement with Faurecia, a company of the FORVIA Group, to purchase two of Faurecia’s commercial vehicle manufacturing plants and their related activities for EUR142 million. The manufacturing facilities are located in Columbus, Indiana (U.S.), and Roermond, Netherlands.
Business WireCORRECTING and REPLACING Cummins Announces Engine Production Milestones for Its Rocky Mount and Jamestown Engine Plants While Planning for the Future
COLUMBUS, Ind., May 22, 2023--Fifth paragraph, first sentence of release should read: X15 (instead of X15N).
- ACCESSWIRE
Cummins and Heliox To Partner on EV Charging Solutions for Fleet Customers
Global power technology leader Cummins Inc. and Heliox, a supplier of fast-charging solutions, have signed an agreement to provide both the sale and service of electric vehicle chargers in North America.
- ACCESSWIRE
Cummins India Limited Honored for Environmental Management
Cummins India Limited (CIL) has received the Excellence in Environmental Management award for the manufacturing sector from the Confederation of Indian Industry - ITC Center for Excellence.
Business WireAccelera marks start of operations for electrolyzer production in Fridley, Minnesota
COLUMBUS, Ind., May 19, 2023--Accelera ™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), today marked the start of operations for electrolyzer production in Fridley, Minnesota – its first electrolyzer production site in the United States. U.S. Department of Energy Secretary Jennifer Granholm, Minnesota Governor Tim Walz, and other federal, state and local U.S. officials joined the ribbon cutting ceremony at the site, underscoring the momentum of the green hydrogen ec
- Simply Wall St.
Cummins Insiders Sell US$3.3m Of Stock, Possibly Signalling Caution \
Many Cummins Inc. ( NYSE:CMI ) insiders ditched their stock over the past year, which may be of interest to the...
Business WireAtmus Filtration Technologies Announces Launch of Initial Public Offering
NASHVILLE, Tenn., May 16, 2023--Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO).
- Simply Wall St.
Here's What We Like About Cummins' (NYSE:CMI) Upcoming Dividend
Cummins Inc. ( NYSE:CMI ) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one business day...
ZacksCummins (CMI) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes? Let's find out.
ReutersBig U.S. firms adopt cautious tone on China recovery
China's economy grew faster than expected in the first quarter but remarks from American companies with substantial operations in China suggest that demand has not returned to pre-pandemic levels. In April, China's imports contracted sharply, underscoring signs of weak domestic demand as a battered property market, worries over job stability and global economic uncertainty kept shoppers wary. "China is getting better, but slowly," PepsiCo Chief Financial Officer Hugh Johnston told Reuters late last month.
- Thomson Reuters StreetEvents
Q1 2023 Clean Energy Fuels Corp Earnings Call
Q1 2023 Clean Energy Fuels Corp Earnings Call
- Business Wire
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind., May 09, 2023--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on June 1, 2023, to shareholders of record on May 19, 2023.
ACCESSWIRECummins and Tata Motors To Power a Cleaner India With Low - to Zero-Emissions Technology
Global power leader Cummins Inc. recently signed a definitive agreement with Tata Motors Limited to manufacture a range of low- to zero-emissions technology products in India over the next few years.
ZacksZacks.com featured highlights include PulteGroup, Novartis, Boyd Gaming, Cummins and W.W. Grainger
PulteGroup, Novartis, Boyd Gaming, Cummins and W.W. Grainger are part of the Zacks Screen of the Week article.
