ABC Arbitrage SA Purchases Shares of 43,452 CMS Energy Corporation $CMS

ABC Arbitrage SA acquired a new position in shares of CMS Energy Corporation (NYSE:CMS) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 43,452 shares of the utilities provider’s stock, valued at approximately $3,183,000.

Several other large investors have also recently made changes to their positions in the company. AE Wealth Management LLC raised its holdings in shares of CMS Energy by 5.8% during the third quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock valued at $17,888,000 after acquiring an additional 13,481 shares during the last quarter. Benjamin Edwards Inc. increased its position in shares of CMS Energy by 379.3% during the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock worth $4,532,000 after purchasing an additional 48,954 shares in the last quarter. Venture Visionary Partners LLC increased its position in shares of CMS Energy by 769.5% during the third quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock worth $2,016,000 after purchasing an additional 24,356 shares in the last quarter. Y Intercept Hong Kong Ltd raised its stake in CMS Energy by 64.5% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 76,654 shares of the utilities provider’s stock valued at $5,616,000 after purchasing an additional 30,061 shares during the last quarter. Finally, Intact Investment Management Inc. lifted its holdings in CMS Energy by 9.5% in the 3rd quarter. Intact Investment Management Inc. now owns 81,700 shares of the utilities provider’s stock valued at $5,985,000 after purchasing an additional 7,100 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

CMS Energy Price Performance

Shares of CMS opened at $73.76 on Wednesday. The company has a market cap of $22.45 billion, a P/E ratio of 20.90, a PEG ratio of 2.58 and a beta of 0.47. CMS Energy Corporation has a fifty-two week low of $67.71 and a fifty-two week high of $76.45. The company has a quick ratio of 0.60, a current ratio of 1.34 and a debt-to-equity ratio of 1.99. The firm’s 50 day moving average price is $70.82 and its 200 day moving average price is $72.22.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.94 by $0.01. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The firm had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the previous year, the firm posted $0.87 EPS. CMS Energy’s revenue for the quarter was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, research analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a $0.57 dividend. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. CMS Energy’s payout ratio is 64.59%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on CMS shares. Wolfe Research set a $82.00 price objective on shares of CMS Energy in a research note on Friday, January 30th. Jefferies Financial Group upped their price target on CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Mizuho lifted their price objective on CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Williams Trading set a $80.00 price objective on CMS Energy in a research note on Monday. Finally, KeyCorp raised their target price on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, CMS Energy presently has an average rating of “Moderate Buy” and a consensus price target of $78.43.

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.