Cummins Inc. $CMI is Hamlin Capital Management LLC's 2nd Largest Position

Institutional investor lowers stake in engine manufacturer

Mar. 22, 2026 at 8:13am

Got story updates? Submit your updates here. ›

Hamlin Capital Management LLC lowered its position in Cummins Inc. (NYSE:CMI) by 9.2% during the 4th quarter, according to the company's disclosure with the Securities & Exchange Commission. The institutional investor owned 474,865 shares of the company's stock, making it Cummins' second-largest position and representing approximately 0.34% of the company's outstanding shares.

Why it matters

Cummins is a major global manufacturer of engines, power generation equipment, and related components. As a large institutional investor, Hamlin Capital Management's position in the company is noteworthy and can signal broader market sentiment around Cummins' stock performance and outlook.

The details

Hamlin Capital Management sold 48,311 shares of Cummins stock during the fourth quarter, reducing its total position to 474,865 shares. The firm cited portfolio rebalancing as the reason for the reduced stake. Cummins makes up about 5.8% of Hamlin Capital Management's overall portfolio, making it the firm's second-largest holding.

  • Hamlin Capital Management lowered its position in Cummins during the 4th quarter of 2025.

The players

Hamlin Capital Management LLC

An institutional investment firm that owns a significant stake in Cummins Inc.

Cummins Inc.

A global power technology company that designs, manufactures, and services diesel and natural gas engines, electrified powertrains, and related components.

Got photos? Submit your photos here. ›

The takeaway

Hamlin Capital Management's reduced position in Cummins, while still maintaining it as a top holding, could signal broader market uncertainty around the engine manufacturer's near-term outlook. However, Cummins' status as a major global player in its industry means its stock performance will likely continue to be closely watched by institutional investors.