Cummins Inc Surges to 342nd in Daily Rankings with $480 Million Turnover Despite Stock Decline

On May 30, 2025, Cummins Inc. (CMI) experienced a significant surge in trading volume, with a total turnover of $480 million, marking a 153.05% increase from the previous day. This substantial rise in trading activity placed Cummins at the 342nd position in the daily stock market rankings. However, despite the high trading volume, the stock price of Cummins declined by 1.04%.

Cummins Inc. reported a notable decline in its financial performance for the first quarter of 2025. The company's sales and net income both decreased compared to the same period last year. This downturn in financial metrics has raised concerns among investors about the company's future prospects.

Cummins Inc. has a market capitalization of $44.75 billion, with 137.75 million shares outstanding. The company's stock is traded on the New York Stock Exchange (NYSE) and has a 52-week price range of $260.02 to $387.90. The stock has a beta of 1.01, indicating that it is slightly more volatile than the overall market.

Cummins Inc. offers a variety of power solutions worldwide, including diesel and alternative fuel engines, generators, and related components and technology. The company's revenue for the fiscal year 2024 was $33.87 billion, with earnings of $2.78 billion. Despite the recent decline in financial performance, analysts have a consensus target price of $357.25 for Cummins stock, indicating a potential upside of 10.04%.

Cummins Inc. has an annual dividend of $7.28 per share, with a yield of 2.27%. The dividend is paid every three months, and the last ex-dividend date was May 23, 2025. This dividend policy provides a steady income stream for investors, which may help to mitigate the impact of the recent decline in stock price.