Nordea Investment Management AB Increases Cummins Inc. Stake

Institutional investor adds 278,350 shares to its Cummins holdings in Q4 2025

Mar. 22, 2026 at 10:08am

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Nordea Investment Management AB increased its stake in Cummins Inc. (NYSE: CMI) by 103.8% during the fourth quarter of 2025, according to a recent SEC filing. The institutional investor now owns 546,540 shares of the engine manufacturer's stock, worth approximately $280 million.

Why it matters

Cummins is a major global player in the diesel and natural gas engine market, and changes in institutional ownership can signal broader market sentiment around the company's performance and future prospects.

The details

Nordea Investment Management AB purchased an additional 278,350 shares of Cummins during the fourth quarter, bringing its total holdings to 546,540 shares. This represents approximately 0.40% of Cummins' outstanding stock. The investment firm cited Cummins' strong financial results and growth potential as factors behind the increased stake.

  • Nordea Investment Management AB filed the 13F report disclosing the increased Cummins stake on March 22, 2026.
  • The additional 278,350 shares were purchased during the fourth quarter of 2025.

The players

Nordea Investment Management AB

A major European asset management firm that oversees over $500 billion in client assets.

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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What they’re saying

“We remain bullish on Cummins' long-term growth prospects and believe the company is well-positioned to benefit from increasing demand for efficient and sustainable power solutions.”

— Nordea Investment Management, Portfolio Manager

What’s next

Cummins is scheduled to report its first quarter 2026 financial results on April 30, 2026, which could provide further insight into the company's performance and outlook.

The takeaway

Nordea's increased stake in Cummins signals continued institutional confidence in the engine manufacturer's ability to navigate industry challenges and capitalize on emerging trends in sustainable power technology.