Cummins Inc added to Russell growth benchmarks, shares supported by index inclusion
29.06.2026 - 11:36:54 | ad-hoc-news.de
By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-29, 11:36.
Cummins Inc. (US2310211063) has been added to Russell growth benchmarks, highlighting the NYSE-listed engine maker’s increasing weight in US equity indices. The index changes follow the annual Russell reconstitution and come as Cummins shares trade as a member of the S&P 500.
What the index move entails
According to MarketScreener, Cummins has been added to the Russell 1000 Growth Benchmark, after previously being noted in related Russell 3000E growth benchmarks, as part of FTSE Russell’s 2026 index review. The reconstitution typically becomes effective in late June, aligning the new composition with investor portfolios tracking Russell indices.
MarketScreener lists Cummins at a last close of 685.87 US dollars, with a one-year performance of around 34 percent and an average analyst target price of 748.81 dollars, underscoring the combination of index inclusion and positive sell-side expectations. The Russell growth label places Cummins alongside other US industrial names with above-average growth characteristics relative to the broader Russell universe.
Analyst views and sector context
Recent analyst commentary has been constructive. UBS upgraded Cummins from Neutral to Buy on June 8 and lifted its price target to 850 dollars, citing improved demand and the company’s positioning in power solutions, according to MarketScreener’s analyst roundup. Wells Fargo also adjusted its Cummins target to 874 dollars from 794 dollars while maintaining an Overweight rating, pointing to truck demand and an extended power backlog into 2028.
These calls place Cummins alongside global peers in heavy-duty engines and power systems such as Caterpillar and Deere, where exposure to infrastructure, transport and data center investment has become a key theme for US industrial stocks. For index investors, the fresh Russell growth status means Cummins will feature more prominently in growth-oriented US multi-cap portfolios that benchmark to Russell indices.
All news and analysis on the Cummins Inc. shares
Key figures, index data and further Cummins Inc. coverage are compiled in the dedicated topic section and on the company’s own Investor Relations pages.
The business behind the stock
Cummins generates most of its revenue from diesel and natural gas engines, powertrain components and power systems for trucks, buses, construction machinery and industrial applications. In recent years it has expanded into zero-emission technologies such as hydrogen fuel cells and battery-electric systems, aiming to balance its core engine franchise with lower-emission offerings.
Where the shares trade today
The Cummins Inc. shares (US2310211063) most actively trade on the NYSE under the ticker CMI, with MarketScreener citing a recent closing price of 685.87 US dollars and a one-year performance near plus 34 percent. The stock is part of the S&P 500, giving it broad representation in US index and ETF products.
Cummins Inc. at a glance
- Company: Cummins Inc.
- ISIN: US2310211063
- WKN: 853121
- Ticker: CMI
- Trading venue: NYSE
- Price (as of 2026-06-25, 16:00): 685.87 USD
- Market cap: about 95 billion USD (as of 2026-06-25, based on MarketScreener data and the latest share price)
- Sector / industry: Industrials / machinery, engines and power systems
- Index membership: S&P 500, Russell 1000 Growth Benchmark
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, a recommendation or a solicitation to buy or sell any security. All data are based on sources cited and may be subject to revision.
