First Eagle Investment's CMI Position Overview
First Eagle Investment (via First Eagle Investment Management, LLC) currently holds 754,938 shares of Cummins Inc. (CMI) worth $385.36 M, representing 0.68% of the portfolio. First purchased in 2015-Q4, this long-term strategic position has been held for 41 quarters.
Based on 13F filings since 2013, First Eagle Investment has maintained a long-term strategic position in CMI, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2018, adding 567,951 shares. Largest reduction occurred in Q4 2025, reducing 668,563 shares.
Analysis based on 13F filings available since 2013 Q2
First Eagle Investment's Cummins (CMI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cummins (CMI) Trades by First Eagle Investment
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -668,563 | Reduce 46.97% | 754,938 | $510.45 |
| Q3 2025 | -99,547 | Reduce 6.54% | 1.42 M | $422.37 |
| Q2 2025 | -22,316 | Reduce 1.44% | 1.52 M | $327.50 |
| Q1 2025 | +4,932 | Add 0.32% | 1.55 M | $313.44 |
| Q4 2024 | -309,483 | Reduce 16.73% | 1.54 M | $348.60 |
| Q3 2024 | -147,583 | Reduce 7.39% | 1.85 M | $323.79 |
| Q2 2024 | -1,179 | Reduce 0.06% | 2 M | $276.93 |
| Q1 2024 | +2,938 | Add 0.15% | 2 M | $294.65 |
| Q4 2023 | -4,184 | Reduce 0.21% | 2 M | $239.57 |
| Q3 2023 | -47,871 | Reduce 2.34% | 2 M | $228.46 |
| Q2 2023 | -9,318 | Reduce 0.45% | 2.05 M | $245.16 |
| Q1 2023 | +1,263 | Add 0.06% | 2.06 M | $238.88 |
| Q4 2022 | +55,502 | Add 2.77% | 2.06 M | $242.29 |
| Q3 2022 | +1,745 | Add 0.09% | 2 M | $203.51 |
| Q2 2022 | +90,554 | Add 4.75% | 2 M | $193.53 |
| Q1 2022 | -1,518 | Reduce 0.08% | 1.91 M | $205.11 |
| Q4 2021 | -38,116 | Reduce 1.96% | 1.91 M | $218.14 |
| Q3 2021 | -36,383 | Reduce 1.83% | 1.95 M | $224.56 |
| Q2 2021 | -5,000 | Reduce 0.25% | 1.98 M | $243.81 |
| Q1 2021 | -108,060 | Reduce 5.15% | 1.99 M | $259.11 |
| Q4 2020 | -11,473 | Reduce 0.54% | 2.1 M | $227.10 |
| Q3 2020 | -103,286 | Reduce 4.67% | 2.11 M | $211.16 |
| Q2 2020 | +10,440 | Add 0.47% | 2.21 M | $173.26 |
| Q1 2020 | +329,228 | Add 17.58% | 2.2 M | $135.32 |
| Q4 2019 | -322,912 | Reduce 14.71% | 1.87 M | $178.96 |
| Q3 2019 | -116,892 | Reduce 5.06% | 2.2 M | $162.67 |
| Q2 2019 | -202,743 | Reduce 8.06% | 2.31 M | $171.34 |
| Q1 2019 | -21,810 | Reduce 0.86% | 2.51 M | $157.87 |
| Q4 2018 | +567,951 | Add 28.85% | 2.54 M | $133.64 |
| Q3 2018 | +867 | Add 0.04% | 1.97 M | $146.07 |
| Q2 2018 | -3,490 | Reduce 0.18% | 1.97 M | $133.00 |
| Q1 2018 | -15,265 | Reduce 0.77% | 1.97 M | $162.09 |
| Q4 2017 | -11,353 | Reduce 0.57% | 1.99 M | $176.64 |
| Q3 2017 | +39,674 | Add 2.03% | 2 M | $168.03 |
| Q2 2017 | +13,228 | Add 0.68% | 1.96 M | $162.22 |
| Q1 2017 | +29,869 | Add 1.56% | 1.94 M | $151.20 |
| Q4 2016 | +331 | Add 0.02% | 1.92 M | $136.67 |
| Q3 2016 | -7,237 | Reduce 0.38% | 1.91 M | $128.15 |
| Q2 2016 | +4,812 | Add 0.25% | 1.92 M | $112.44 |
| Q1 2016 | +483,653 | Add 33.74% | 1.92 M | $109.94 |
| Q4 2015 | +1.43 M | New Buy | 1.43 M | $88.01 |
First Eagle Investment's Cummins Investment FAQs
First Eagle Investment first purchased Cummins Inc. (CMI) in Q4 2015, acquiring 1,433,533 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
First Eagle Investment has held Cummins Inc. (CMI) for 41 quarters since Q4 2015.
First Eagle Investment's largest addition to Cummins Inc. (CMI) was in Q4 2015, adding 1,433,533 shares worth $126.16 M.
According to the latest 13F filing for Q4 2025, First Eagle Investment's firm, First Eagle Investment Management, LLC, owns 754,938 shares of Cummins Inc. (CMI), valued at approximately $385.36 M.
As of the Q4 2025 filing, Cummins Inc. (CMI) represents approximately 0.68% of First Eagle Investment's publicly disclosed stock portfolio, making it one of their key holdings.
First Eagle Investment's peak holding in Cummins Inc. (CMI) was 2,536,573 shares, as reported at the end of Q4 2018.