Curated Wealth Partners 13F: Cuts Cummins (CMI) Stake by $325M
Curated Wealth Partners slashed its investment in Cummins Inc. by selling nearly all of its shares during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Curated Wealth Partners sold 628,250 shares from its stake in Cummins Inc. ($CMI), a 99.79% decrease, according to a 13F filing with the SEC dated October 15, 2026. It reported 1,292 shares worth $667,411 at the end of the quarter.
Since the filing, $CMI is down 0.3% to date (from the $532.73 close on Oct 15, 2026).
Find the original: Curated Wealth Partners 13F filings on SEC EDGAR
CMI
Cummins Inc.
Key Points
- Curated Wealth Partners lowered its holdings in Cummins Inc. by 628,250 shares, cutting its position by 99.8% to leave 1,292 remaining shares.
- Cummins Inc. recently traded around $531.87 and has an upcoming earnings report scheduled for November 5, 2026.
- Several major institutional funds and Wall Street analysts adjusted their positions and targets on the engine maker ahead of the filing.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Cummins Inc. alert may contain errors. Disclosures
Curated Wealth Partners made a massive change to its portfolio by heavily trimming its investment in Cummins Inc. (NYSE:CMI). According to the fund's Form 13F filing with the SEC filed on October 15, 2026, the firm parted ways with the vast majority of its shares in the engine manufacturer. Because 13F filings look backward at holdings from the previous quarter, this report reveals past portfolio adjustments and may not reflect the investor's current holdings today. Cummins Inc. shares recently traded around $531.87 as of October 16, 2026.
What Changed in Curated Wealth Partners's Cummins Position
Curated Wealth Partners cut its stake by 628,250 shares, which translated to a 99.7% decrease from its prior holding of 629,542 shares. After the sell-off, the fund was left with just 1,292 shares of Cummins Inc., with a reported value of $667,411.
Other Institutional Activity in Cummins
Other major institutional investors also adjusted their positions in Cummins Inc. around the same reporting window. Blackrock Inc. reduced its holdings by 332,587 shares, ending with 11,503,261 shares worth about $6,112,027,863. Vanguard Capital Management LLC grew its holdings by 34,110 shares, ending with 9,010,359 shares worth about $4,787,474,201. Vanguard Portfolio Management LLC grew its holdings by 36,741 shares, ending with 7,534,991 shares worth about $4,003,566,896. State Street Corporation grew its holdings by 101,431 shares, ending with 6,908,874 shares worth about $3,670,892,140. FMR, LLC grew its holdings by 657,397 shares, ending with 6,085,944 shares worth about $3,233,644,729.
Cummins Inc. Stock Down 0.2%
Cummins Inc. shares recently traded around $531.87. The stock sits below its 50-day moving average of $559.92 and below its 200-day moving average of $603.99. Over the past 52 weeks, the stock has traded as low as $405.82 and as high as $737.76.
Recent Earnings
For the trailing twelve months, Cummins Inc. reported $34,708,000,768 in revenue and earnings of $19.57 per share. The company posted a return on equity of 21.1% alongside a net margin of 7.8%, with year-over-year revenue growth coming in at 9.4%. The company's next earnings report is scheduled for 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 Inc. pays an annual dividend rate of $8.80 per share, giving it a dividend yield of 1.65%. The company pays out 40.9% of its earnings as dividends.
Insider Buying and Selling at Cummins Inc.
Company insiders also transacted in Cummins shares prior to the filing. On May 11, 2026, officer Nathan R Stoner sold 607 shares at an average price of $694.06 for a total value of $421,294. On May 12, 2026, officer Jennifer Mary Bush sold 5,000 shares valued at $3,481,066. On May 14, 2026, officer Donald G Jackson sold 730 shares valued at $518,975. Later, on August 24, 2026, Chief Technology Officer Earl Newsome Jr. sold 698 shares at an average price of $572.22 for a total value of $399,410.
Analysts Set New Price Targets
Wall Street analysts have updated their outlooks on Cummins Inc. ahead of the filing. On September 23, 2026, JP Morgan maintained its Neutral rating and lowered its price target to $600.00 from $690.00. On September 30, 2026, UBS maintained its Buy rating and lowered its price target to $741.00 from $835.00. On October 5, 2026, Truist Securities maintained its Buy rating and lowered its price target to $779.00 from $894.00. On October 8, 2026, Wells Fargo maintained its Overweight rating and lowered its price target to $760.00 from $874.00. On October 12, 2026, Citigroup maintained its Buy rating and lowered its price target to $630.00 from $790.00. The stock currently holds a consensus recommendation of buy with a mean price target of $721.14 across 19 analyst opinions.
About Cummins
Headquartered in Columbus, Indiana, Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electrical power generation systems, and related components worldwide. The company operates across five main business segments, providing power solutions for on-highway and off-highway commercial vehicles and industrial equipment. Institutional portfolio shifts like Curated Wealth Partners' reduction offer a window into how large managers reallocate capital across major industrial names.
Bottom Line
Investors tracking Curated Wealth Partners will want to review subsequent 13F filings to see if the fund exits the remaining small holding entirely. The company's next earnings release on November 5, 2026, will provide updated financial figures for market participants to evaluate. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.
Related Filing Alerts
Source: Curated Wealth Partners's 13F filing on $CMI (Oct 15, 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: Curated Wealth Partners 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts