Cummins (NYSE:CMI) Stock Acquired Rep. Marjorie Taylor Greene

by · The Cerbat Gem

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Cummins Inc. (NYSE:CMI). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cummins stock on April 9th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/8/2025.

Cummins Stock Performance

Cummins stock traded up $0.82 during midday trading on Tuesday, reaching $289.39. 70,699 shares of the company traded hands, compared to its average volume of 810,182. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.31 and a quick ratio of 0.80. Cummins Inc. has a 12 month low of $260.02 and a 12 month high of $387.90. The firm has a market capitalization of $39.86 billion, a price-to-earnings ratio of 10.28, a price-to-earnings-growth ratio of 2.19 and a beta of 1.07. The business has a 50 day moving average of $333.97 and a two-hundred day moving average of $346.72.

Cummins (NYSE:CMI – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.70 by $0.46. Cummins had a net margin of 11.57% and a return on equity of 27.12%. The company had revenue of $8.45 billion for the quarter, compared to the consensus estimate of $8.06 billion. During the same quarter last year, the firm posted $4.14 earnings per share. The firm’s revenue was down 1.1% compared to the same quarter last year. As a group, research analysts predict that Cummins Inc. will post 22.54 earnings per share for the current year.

Cummins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Friday, February 21st were paid a dividend of $1.82 per share. This represents a $7.28 annualized dividend and a yield of 2.52%. The ex-dividend date was Friday, February 21st. Cummins’s dividend payout ratio is currently 25.84%.

Wall Street Analyst Weigh In

CMI has been the subject of several recent research reports. Bank of America raised Cummins from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $354.00 to $358.00 in a report on Tuesday, January 14th. Robert W. Baird decreased their target price on shares of Cummins from $407.00 to $315.00 and set a “neutral” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. dropped their price target on shares of Cummins from $375.00 to $308.00 and set a “neutral” rating for the company in a research report on Friday. Citigroup dropped their target price on shares of Cummins from $360.00 to $320.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Finally, Truist Financial lowered their price objective on Cummins from $420.00 to $338.00 and set a “hold” rating on the stock in a research report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $346.50.

View Our Latest Stock Report on CMI

Institutional Investors Weigh In On Cummins

Several institutional investors have recently modified their holdings of the stock. Centiva Capital LP purchased a new stake in Cummins in the 3rd quarter worth about $205,000. Wellington Management Group LLP boosted its stake in shares of Cummins by 51.7% during the third quarter. Wellington Management Group LLP now owns 4,289 shares of the company’s stock valued at $1,389,000 after purchasing an additional 1,462 shares during the period. MML Investors Services LLC increased its stake in Cummins by 4.9% in the 3rd quarter. MML Investors Services LLC now owns 16,154 shares of the company’s stock worth $5,231,000 after buying an additional 758 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in Cummins by 4.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 40,826 shares of the company’s stock valued at $13,219,000 after buying an additional 1,732 shares in the last quarter. Finally, Coldstream Capital Management Inc. grew its stake in Cummins by 18.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,551 shares of the company’s stock worth $843,000 after acquiring an additional 391 shares in the last quarter. 83.46% of the stock is owned by institutional investors.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

About Cummins

(Get Free Report)

Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.

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