Foster Group 13F: Exits Cummins (CMI) Stake
Foster Group has sold its entire stake in Cummins Inc., eliminating its 386-share position.
Reviewed by automated data checks against the source filing. How we make and check alerts
Foster Group sold its entire stake of 386 shares in Cummins Inc. ($CMI), according to a 13F filing with the SEC dated October 13, 2026.
Since the filing, $CMI is up 0.4% to date (from the $529.35 close on Oct 13, 2026).
CMI
Cummins Inc.
Key Points
- Foster Group sold all 386 shares of Cummins Inc., completely closing its position as reported in their latest 13F filing.
- Cummins Inc. has a market cap of $73.6 billion and a P/E ratio of 27.3, with a 52-week range between $400.72 and $737.76.
- The company pays an annual dividend of $8.80 per share, yielding 1.65%, with a payout ratio of 40.9%.
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Foster Group has decided to sell out its position in Cummins Inc. (NYSE:CMI), as revealed in its latest Form 13F filing with the SEC. The firm completely exited its stake by selling all 386 shares it previously held. This move means Foster Group no longer holds any shares in the industrial machinery company.
Foster Group vs. the S&P 500
Hypothetical returns from Foster Group's disclosed trades, not real profit or advice. How we model this.
What Changed in Foster Group's Cummins Inc. Position
Foster Group sold its entire holding of 386 shares in Cummins Inc., ending its investment in the company. This was a complete exit, as indicated by the 100% decrease in shares, reducing its stake to zero.
Cummins Inc. Stock Down 0.2%
On Friday, shares of Cummins Inc. traded near their recent closing price. The company, a major player in the industrial machinery sector, boasts a market cap of approximately $73.6 billion. Cummins has a P/E ratio of 27.3, reflecting its current profitability, and a forward P/E of 15.5, indicating expected earnings growth. The stock has experienced a 52-week low of $400.72 and a high of $737.76. It has a 50-day moving average of $605.34 and a 200-day moving average of $602.91. Cummins also maintains a current ratio of 1.73 and a quick ratio of 0.99, with a debt-to-equity ratio of 59.59.
Recent Earnings
Cummins reported a revenue of $34.71 billion, marking a 9.4% growth. The company's net margin is 7.82%, and it has a return on equity of 21.11%. Earnings per share stand at $19.59. Investors can look forward to the next earnings announcement on November 5, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
7 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 9.0%. Revenue met estimates.
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Profit surprise
EBITDA missed by 39 percent. Operating income missed by 16 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
7 target raises.
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Earnings quality
Operating margin down 2.6 points. Positive free cash flow.
Earnings Call Summary
The quarter delivered $8.4 billion in revenue, up 3 percent year over year, with power generation strong but North America trucks still weak at the start. Management highlighted a major hybrid mining truck deployment in Chile and progress on new 2027 engines. They sold the low-pressure fuel cell business to Alstom, cutting future losses in the Accelera division. The strong finish to the quarter and improving orders lead management to expect the year to be much better, with better momentum in trucks and accelerating data center buildouts globally.
Guidance Cummins raised its full year revenue forecast to grow 8 to 11 percent, up from 3 to 8 percent prior. The company expects power generation revenue to jump 15 to 25 percent, driven by strong data center demand globally. North America truck production is forecast at 230,000 to 250,000 units for heavy-duty and 125,000 to 135,000 units for medium-duty, higher than previous expectations.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
Cummins offers an annual dividend rate of $8.80 per share, yielding 1.65%. The dividend payout ratio is 40.9%, indicating a balanced approach to returning profits to shareholders while retaining earnings for growth.
About Cummins Inc.
Cummins Inc., headquartered in Columbus, Indiana, is a global leader in power solutions. The company operates through several segments, including Engine, Distribution, Components, Power Systems, and Accelera. It provides a wide range of products such as diesel and natural gas engines, drivetrain systems, power generation systems, and electrified power systems. With a workforce of 67,400 employees, Cummins serves original equipment manufacturers, distributors, and dealers worldwide. Jennifer W. Rumsey leads the company as CEO.
Bottom Line
Foster Group's decision to sell out of Cummins Inc. is a notable move, as reflected in their recent 13F filing. Investors often track such filings to gauge institutional sentiment, though it's important to remember these filings are backward-looking and may not represent the current position. Cummins remains a significant player in the industrial machinery sector, offering a solid dividend and strong financial metrics.
Related Filing Alerts
Source: Foster Group's 13F filing on $CMI (Oct 13, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Foster Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts