Banco Bilbao Vizcaya Argentaria S.A. Sells 827 Shares of CMS Energy Corporation $CMS

Banco Bilbao Vizcaya Argentaria S.A. lessened its stake in CMS Energy Corporation (NYSE:CMS) by 12.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,597 shares of the utilities provider’s stock after selling 827 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in CMS Energy were worth $388,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avalon Trust Co grew its stake in shares of CMS Energy by 0.8% during the second quarter. Avalon Trust Co now owns 290,371 shares of the utilities provider’s stock worth $20,117,000 after purchasing an additional 2,350 shares during the period. Police & Firemen s Retirement System of New Jersey raised its stake in CMS Energy by 4.3% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 45,041 shares of the utilities provider’s stock worth $3,120,000 after buying an additional 1,874 shares during the period. Geode Capital Management LLC lifted its holdings in CMS Energy by 1.6% during the second quarter. Geode Capital Management LLC now owns 8,020,765 shares of the utilities provider’s stock worth $553,440,000 after acquiring an additional 130,059 shares in the last quarter. Tobam grew its stake in CMS Energy by 35.0% in the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 145 shares during the period. Finally, Beck Bode LLC increased its holdings in shares of CMS Energy by 4.1% in the second quarter. Beck Bode LLC now owns 258,289 shares of the utilities provider’s stock worth $17,894,000 after acquiring an additional 10,101 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CMS shares. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Barclays boosted their price target on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. Finally, Morgan Stanley upped 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. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.36.

CMS Energy Stock Performance

NYSE CMS opened at $74.28 on Wednesday. The firm has a 50-day moving average price of $73.03 and a two-hundred day moving average price of $71.84. CMS Energy Corporation has a 12-month low of $63.97 and a 12-month high of $76.45. The company has a market capitalization of $22.61 billion, a P/E ratio of 21.98, a P/E/G ratio of 2.76 and a beta of 0.42. The company has a quick ratio of 0.77, a current ratio of 1.00 and a debt-to-equity ratio of 1.93.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.83 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the business 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. Analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Dividend Announcement

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

Insider Buying and Selling

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the sale, the senior vice president owned 64,259 shares in the company, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Lauren Y. Snyder sold 2,220 shares of CMS Energy stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the completion of the transaction, the senior vice president owned 13,512 shares in the company, valued at approximately $962,865.12. The trade was a 14.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate 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.