Mirae Asset Boosts Stake in Cummins

Global investment firm increases position in engine manufacturer by 15.4%

Apr. 19, 2026 at 9:39am

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An extreme close-up of intricately machined metal gears and components, conveying the industrial might and precision engineering that powers global commerce.Mirae Asset's increased stake in engine manufacturer Cummins reflects confidence in the company's role as a critical supplier of industrial power technologies.Columbus Today

Mirae Asset Global Investments Co. Ltd. has increased its stake in Cummins Inc. (NYSE:CMI) by 15.4% during the fourth quarter, according to a recent SEC filing. The institutional investor now owns 35,807 shares of the engine manufacturer's stock, valued at $18.28 million.

Why it matters

Cummins is a major global supplier of diesel and natural gas engines, as well as related components and technologies. Increased investment from large institutional investors like Mirae Asset suggests confidence in the company's long-term growth prospects, despite near-term economic uncertainty.

The details

According to the 13F filing, Mirae Asset purchased an additional 4,776 shares of Cummins stock during the fourth quarter, bringing its total position to 35,807 shares. This represents a 15.4% increase in the firm's stake in the Columbus, Indiana-based engine manufacturer.

  • Mirae Asset increased its Cummins position during the fourth quarter of 2025.

The players

Mirae Asset Global Investments Co. Ltd.

A global investment management firm based in South Korea that oversees over $560 billion in assets.

Cummins Inc.

A multinational corporation that designs, manufactures, distributes and services diesel and natural gas engines, as well as related components and technologies.

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The takeaway

Mirae Asset's increased investment in Cummins signals confidence in the engine manufacturer's long-term growth prospects, even as the broader economy faces near-term uncertainty. As a major global supplier of critical powertrain technologies, Cummins' performance is seen as a bellwether for industrial and commercial activity.