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CIBC Bancorp USA Inc. Acquires Stake in Cummins Inc.
The firm added 19,009 shares of the engine manufacturer's stock in the third quarter.
Mar. 21, 2026 at 7:56am
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CIBC Bancorp USA Inc. acquired a new position in Cummins Inc. (NYSE:CMI) during the third quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,009 shares of the company's stock, valued at approximately $8,029,000.
Why it matters
Cummins is a major global manufacturer of diesel and natural gas engines, electrified powertrains, and related components. The acquisition of a stake by CIBC Bancorp USA Inc. suggests institutional investor interest in the company's growth prospects.
The details
In its 13F filing, CIBC Bancorp USA Inc. reported acquiring 19,009 shares of Cummins stock in the third quarter. The shares were valued at approximately $8,029,000. Other large investors also made changes to their Cummins holdings during the quarter, with some increasing and others decreasing their positions.
- CIBC Bancorp USA Inc. acquired the Cummins shares during the third quarter of 2026.
The players
CIBC Bancorp USA Inc.
A financial services firm that acquired a new position in Cummins Inc. in the third quarter of 2026.
Cummins Inc.
A global power technology company that designs, manufactures, distributes, and services diesel and natural gas engines, electrified powertrains, and related components.
The takeaway
The acquisition of a stake in Cummins by CIBC Bancorp USA Inc. suggests continued institutional investor interest in the engine manufacturer's growth prospects, even as other large investors made changes to their Cummins holdings during the quarter.
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