CMS Energy (NYSE:CMS) Cut to “Sell” at Wall Street Zen

CMS Energy (NYSE:CMS) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Several other equities analysts have also commented on CMS. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Morgan Stanley boosted their price objective on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company raised CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. KeyCorp lifted their target price on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Finally, JPMorgan Chase & Co. dropped their price target on CMS Energy from $85.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.50.

CMS Energy Stock Performance

CMS Energy stock opened at $69.85 on Friday. The firm has a market capitalization of $21.26 billion, a P/E ratio of 20.19, a PEG ratio of 2.66 and a beta of 0.47. The stock has a fifty day moving average price of $73.44 and a 200 day moving average price of $72.01. CMS Energy has a 52 week low of $63.97 and a 52 week high of $76.45. The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 1.84.

CMS Energy (NYSE:CMS) last issued 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. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same period last year, the company earned $0.84 EPS. The firm’s quarterly revenue was up 15.9% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. Equities research analysts anticipate that CMS Energy will post 3.59 earnings per share for the current year.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’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 of the company’s stock, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On CMS Energy

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of CMS Energy by 0.3% during the third quarter. Vanguard Group Inc. now owns 39,170,301 shares of the utilities provider’s stock valued at $2,869,616,000 after acquiring an additional 126,172 shares during the period. Price T Rowe Associates Inc. MD lifted its position in CMS Energy by 16.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,554,877 shares of the utilities provider’s stock valued at $1,243,438,000 after purchasing an additional 2,297,928 shares during the last quarter. Geode Capital Management LLC boosted its stake in CMS Energy by 1.6% during the 2nd quarter. Geode Capital Management LLC now owns 8,020,765 shares of the utilities provider’s stock valued at $553,440,000 after purchasing an additional 130,059 shares during the period. Ameriprise Financial Inc. grew its position in CMS Energy by 2.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,900,632 shares of the utilities provider’s stock worth $358,865,000 after purchasing an additional 128,860 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of CMS Energy by 20.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,483,585 shares of the utilities provider’s stock valued at $336,762,000 after purchasing an additional 753,173 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

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.