Mitsubishi UFJ Asset Management Boosts Stake in Cummins Inc.

The investment firm increased its holdings in the engine manufacturer by 4.5% in the third quarter.

Feb. 27, 2026 at 11:24am

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Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Cummins Inc. (NYSE:CMI) by 4.5% in the third quarter, according to the company's recent filing with the Securities and Exchange Commission. The firm now owns 290,507 shares of the company's stock, worth approximately $122.7 million.

Why it matters

Cummins is a major manufacturer of engines and related components, serving both commercial and industrial customers. Institutional investors closely monitor changes in ownership stakes, as they can signal confidence or concerns about a company's prospects.

The details

Mitsubishi UFJ Asset Management increased its position in Cummins by purchasing an additional 12,549 shares during the quarter. The firm now owns about 0.21% of Cummins' outstanding stock. A number of other hedge funds and institutional investors have also recently modified their holdings in Cummins, with some increasing their stakes and others reducing exposure.

  • Mitsubishi UFJ Asset Management increased its Cummins holdings in the third quarter of 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

An investment management firm that is a subsidiary of Mitsubishi UFJ Financial Group, one of the largest banking and financial services companies in the world.

Cummins Inc.

A global power technology company that designs, manufactures, and services diesel and natural gas engines, electrified powertrains, and related components.

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The takeaway

The increase in Mitsubishi UFJ Asset Management's stake in Cummins suggests the investment firm sees continued growth potential in the engine manufacturer, despite some recent market volatility. This could signal broader confidence in Cummins' long-term prospects among institutional investors.