Benjamin Edwards Inc. Acquires 48,954 Shares of CMS Energy Corporation $CMS

Benjamin Edwards Inc. grew its holdings in CMS Energy Corporation (NYSE:CMS) by 379.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,861 shares of the utilities provider’s stock after purchasing an additional 48,954 shares during the quarter. Benjamin Edwards Inc.’s holdings in CMS Energy were worth $4,532,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Jane Street Group LLC increased its holdings in shares of CMS Energy by 503.4% in the first quarter. Jane Street Group LLC now owns 175,804 shares of the utilities provider’s stock worth $13,205,000 after acquiring an additional 146,667 shares in the last quarter. Venture Visionary Partners LLC raised its holdings in shares of CMS Energy by 769.5% in the 3rd quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock valued at $2,016,000 after purchasing an additional 24,356 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in CMS Energy by 10.9% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock valued at $40,971,000 after purchasing an additional 58,024 shares during the last quarter. Bahl & Gaynor Inc. lifted its position in CMS Energy by 9.5% during 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 during the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in shares of CMS Energy by 86.9% in the second quarter. Daiwa Securities Group Inc. now owns 79,438 shares of the utilities provider’s stock valued at $5,503,000 after acquiring an additional 36,936 shares during the period. Institutional investors own 93.57% of the company’s stock.

Insider Activity

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 shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CMS has been the topic of several recent analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. JPMorgan Chase & Co. lowered their target price on shares of CMS Energy from $85.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Wall Street Zen raised shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday. UBS Group decreased their price objective on CMS Energy from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Finally, Barclays increased their price target on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $78.25.

CMS Energy Trading Up 0.2%

NYSE CMS opened at $69.98 on Friday. The stock’s 50 day moving average is $71.83 and its 200 day moving average is $72.05. CMS Energy Corporation has a twelve month low of $63.97 and a twelve month high of $76.45. The firm has a market capitalization of $21.30 billion, a PE ratio of 20.22, a P/E/G ratio of 2.48 and a beta of 0.49. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data 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. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the company earned $0.84 EPS. The firm’s revenue for the quarter 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. Research analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were paid a dividend of $0.5425 per share. The ex-dividend date was Friday, November 7th. This represents a $2.17 annualized dividend and a yield of 3.1%. CMS Energy’s dividend payout ratio 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.