Bahl & Gaynor Inc. Grows Position in CMS Energy Corporation $CMS

Bahl & Gaynor Inc. boosted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 9.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 724,816 shares of the utilities provider’s stock after acquiring an additional 62,880 shares during the period. Bahl & Gaynor Inc. owned about 0.24% of CMS Energy worth $50,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of CMS Energy by 1.8% during the second quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock valued at $2,704,977,000 after purchasing an additional 702,713 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in CMS Energy by 16.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,554,877 shares of the utilities provider’s stock worth $1,243,438,000 after buying an additional 2,297,928 shares in the last quarter. 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 buying an additional 130,059 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of CMS Energy by 20.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,483,585 shares of the utilities provider’s stock valued at $336,762,000 after acquiring an additional 753,173 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of CMS Energy by 29.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,407,152 shares of the utilities provider’s stock valued at $255,911,000 after acquiring an additional 783,077 shares during the period. Institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CMS shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Morgan Stanley raised their price target on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. KeyCorp lifted their price objective on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Finally, Wall Street Zen raised shares of CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.36.

CMS Energy Stock Up 0.7%

NYSE:CMS opened at $74.00 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. CMS Energy Corporation has a twelve month low of $63.97 and a twelve month high of $76.45. The company has a market cap of $22.52 billion, a PE ratio of 21.89, a P/E/G ratio of 2.76 and a beta of 0.42. The company’s 50 day moving average is $73.14 and its two-hundred day moving average is $71.87.

CMS Energy (NYSE:CMS) last posted its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The business 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 quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the company posted $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 EPS for the current year.

CMS Energy Dividend Announcement

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

Insider Transactions at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was 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 in the company, valued at $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Lauren Y. Snyder sold 2,220 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $71.26, for a total transaction of $158,197.20. Following the transaction, the senior vice president directly owned 13,512 shares of the company’s stock, valued at $962,865.12. This represents a 14.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is currently owned by corporate insiders.

CMS Energy Profile

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.