Summary: Michigan's retirement system cut Cummins by 11.1% in Q4, selling 4,506 shares to 36,131; insiders sold about $18.4M, lowering their stake to 0.30%. Despite this, Cummins beat earnings and revenue and trades near a year-high.Abstract: The Michigan State Retirement System reduced its Cummins stake by 11.1% in the fourth quarter, disposing 4,506 shares to hold 36,131 valued at about $18.44 million. Company insiders sold roughly $18.4 million, lowering their ownership to 0.30%. Nevertheless, Cummins exceeded quarterly earnings and revenue estimates, with the stock trading near a one-year high.

NodeGuardian

2026-05-06 20:28:38

Abstract generation in progress

The State of Michigan Retirement System reduced its holdings in Cummins Inc. by 11.1% in the fourth quarter, selling 4,506 shares and now owning 36,131 shares valued at $18.44 million. Company insiders also sold a significant number of shares totaling approximately $18.4 million, reducing their ownership to 0.30%. Despite the sales, Cummins exceeded quarterly earnings and revenue expectations, and its stock is trading near a one-year high.

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State of Michigan Retirement System Reduces Stock Position in Cummins Inc. $CMI

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