Osaic Holdings Inc. increased its position in shares of CMS Energy Corporation (NYSE:CMS – Free Report) by 34.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,694 shares of the utilities provider’s stock after acquiring an additional 10,168 shares during the quarter. Osaic Holdings Inc.’s holdings in CMS Energy were worth $2,788,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of CMS. Jane Street Group LLC raised its stake in CMS Energy by 503.4% during the 1st quarter. Jane Street Group LLC now owns 175,804 shares of the utilities provider’s stock worth $13,205,000 after buying an additional 146,667 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in CMS Energy by 10.9% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock valued at $40,971,000 after acquiring an additional 58,024 shares during the period. Bahl & Gaynor Inc. increased its holdings in shares of CMS Energy by 9.5% in the second quarter. Bahl & Gaynor Inc. now owns 724,816 shares of the utilities provider’s stock worth $50,215,000 after acquiring an additional 62,880 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of CMS Energy by 7.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 30,873 shares of the utilities provider’s stock worth $2,176,000 after purchasing an additional 2,093 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of CMS Energy during the second quarter worth about $1,852,000. Institutional investors and hedge funds own 93.57% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their price objective on CMS Energy from $85.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Morgan Stanley upped 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. Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, December 13th. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Finally, Barclays increased their target price on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $78.25.
Insider Buying and Selling at CMS Energy
In other 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 transaction 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 position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.40% of the stock is owned by company insiders.
CMS Energy Stock Down 0.2%
Shares of CMS stock opened at $69.99 on Friday. The firm’s fifty day moving average price is $72.65 and its two-hundred day moving average price is $72.02. 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 Corporation has a 1 year low of $63.97 and a 1 year high of $76.45. The firm has a market capitalization of $21.30 billion, a P/E ratio of 20.23, a PEG ratio of 2.67 and a beta of 0.47.
CMS Energy (NYSE:CMS – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping 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 12.62% and a return on equity of 12.10%. The company’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.84 EPS. 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. On average, equities analysts predict that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.
CMS Energy Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were paid a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Friday, November 7th. CMS Energy’s dividend payout ratio (DPR) is currently 62.72%.
CMS Energy Profile
CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.
Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.
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