Avalon Trust Co Purchases 2,350 Shares of CMS Energy Corporation $CMS

Avalon Trust Co boosted its holdings in CMS Energy Corporation (NYSE:CMS) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 290,371 shares of the utilities provider’s stock after acquiring an additional 2,350 shares during the quarter. CMS Energy accounts for about 1.5% of Avalon Trust Co’s investment portfolio, making the stock its 19th biggest position. Avalon Trust Co owned about 0.10% of CMS Energy worth $20,117,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Sigma Planning Corp boosted its stake in shares of CMS Energy by 0.4% in the 1st quarter. Sigma Planning Corp now owns 32,045 shares of the utilities provider’s stock valued at $2,407,000 after purchasing an additional 142 shares during the last quarter. Sage Mountain Advisors LLC raised its stake in shares of CMS Energy by 4.5% in the 1st quarter. Sage Mountain Advisors LLC now owns 3,360 shares of the utilities provider’s stock valued at $252,000 after purchasing an additional 144 shares during the period. Tobam lifted its stake in CMS Energy by 35.0% in the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 145 shares in the last quarter. Nicholson Wealth Management Group LLC grew its position in CMS Energy by 0.7% in the second quarter. Nicholson Wealth Management Group LLC now owns 23,495 shares of the utilities provider’s stock valued at $1,628,000 after purchasing an additional 158 shares in the last quarter. Finally, Croban boosted its position in CMS Energy by 1.2% during the second quarter. Croban now owns 14,056 shares of the utilities provider’s stock valued at $974,000 after purchasing an additional 167 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

CMS has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. KeyCorp increased their price target on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Morgan Stanley increased their price target on shares of CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Finally, Wall Street Zen raised CMS Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CMS Energy presently has a consensus rating of “Moderate Buy” and an average target price of $78.36.

CMS Energy Stock Performance

Shares of CMS opened at $74.95 on Thursday. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77. The stock has a 50-day moving average of $72.79 and a 200-day moving average of $71.82. CMS Energy Corporation has a one year low of $63.97 and a one year high of $76.45. The company has a market cap of $22.81 billion, a PE ratio of 22.17, a P/E/G ratio of 2.76 and a beta of 0.42.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The business’s revenue was up 15.9% on a year-over-year basis. During the same period last year, the company earned $0.84 earnings per share. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. On average, equities research analysts predict that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Friday, November 7th will be issued a dividend of $0.5425 per share. The ex-dividend date is Friday, November 7th. This represents a $2.17 annualized dividend and a yield of 2.9%. CMS Energy’s payout ratio is 62.72%.

Insider Buying and Selling

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the sale, the senior vice president owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Lauren Y. Snyder sold 2,220 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $71.26, for a total value of $158,197.20. Following the transaction, the senior vice president owned 13,512 shares of the company’s stock, valued at $962,865.12. The trade was a 14.11% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.40% of the company’s stock.

About CMS Energy

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.