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Cummins Shares Sold by Twelve Points Wealth Management
Institutional investor reduces stake in engine manufacturer amid broader market shifts.
Apr. 11, 2026 at 12:22pm
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A refined, minimalist still life captures the precision engineering and industrial design at the heart of Cummins' engine technology.Columbus TodayTwelve Points Wealth Management LLC, an institutional investor, lowered its position in shares of Cummins Inc. (NYSE:CMI) by 25.5% during the 4th quarter, according to a recent SEC filing. The firm now owns 2,514 shares of the engine manufacturer's stock, valued at $1.39 million as of the end of 2022.
Why it matters
Cummins is a major global player in the diesel and natural gas engine market, supplying powertrains and related components to a wide range of commercial and industrial customers. Shifts in institutional ownership of the company's stock can signal broader trends in the industrial machinery and equipment sector.
The details
Twelve Points Wealth Management's reduced stake in Cummins comes amid a period of market volatility and uncertainty, with the stock trading in the $500-$600 range over the past year. The firm sold 862 Cummins shares during the fourth quarter, leaving it with a total of 2,514 shares valued at $1.39 million. Several other institutional investors and hedge funds have also recently adjusted their Cummins holdings, with some increasing and others decreasing their positions.
- Twelve Points Wealth Management lowered its Cummins stake during the 4th quarter of 2022.
- Cummins stock has traded in the $500-$600 range over the past year.
The players
Twelve Points Wealth Management LLC
An institutional investor that lowered its position in Cummins Inc. shares during the fourth quarter of 2022.
Cummins Inc.
A global power technology company that designs, manufactures, and distributes diesel and natural gas engines, electrified powertrains, and related components.
The takeaway
The reduced stake by Twelve Points Wealth Management in Cummins reflects broader shifts in institutional ownership of the engine manufacturer's stock amid market volatility. However, Cummins remains a major player in the industrial machinery and equipment sector, with its diverse product portfolio and global reach.
