Clark Capital Management Group Inc. Increases Holdings in Cummins Inc.

The institutional investor added over 4,600 shares of the engine manufacturer to its portfolio.

Mar. 15, 2026 at 9:51am

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Clark Capital Management Group Inc. raised its holdings in shares of Cummins Inc. (NYSE:CMI) by 2.4% in the 3rd quarter, according to the company's recent 13F filing with the SEC. The institutional investor now owns 195,158 shares of the company's stock, worth approximately $82.4 million.

Why it matters

Cummins is a major manufacturer of engines and related components, serving both commercial and industrial customers. Changes in institutional ownership of the company's stock can provide insights into market sentiment and expectations around the business.

The details

Clark Capital Management Group Inc. acquired an additional 4,646 shares of Cummins in the third quarter, bringing its total position to 195,158 shares. This represents approximately 0.14% of Cummins' outstanding stock. The institutional investor cited Cummins' strong financial performance and growth potential as reasons for increasing its stake in the company.

  • Clark Capital Management Group Inc. made the stock purchases in the 3rd quarter of 2026.

The players

Clark Capital Management Group Inc.

An institutional investment management firm that oversees a portfolio of equity and fixed-income 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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The takeaway

The increase in Clark Capital Management Group's position in Cummins suggests the investment firm sees continued growth potential in the engine manufacturer's business. As a major institutional investor, changes in their holdings can influence broader market sentiment around the stock.