Aberdeen Group plc Has $55.77 Million Stock Position in CMS Energy Corporation $CMS

Aberdeen Group plc reduced its holdings in CMS Energy Corporation (NYSE:CMS) by 9.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 766,412 shares of the utilities provider’s stock after selling 80,876 shares during the period. Aberdeen Group plc owned about 0.25% of CMS Energy worth $55,772,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. HM Payson & Co. boosted its holdings in shares of CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares during the period. First Horizon Corp acquired a new position in CMS Energy in the 3rd quarter valued at approximately $26,000. Covestor Ltd lifted its position in CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after buying an additional 145 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new stake in shares of CMS Energy during the 3rd quarter valued at $40,000. Finally, Tobam grew its holdings in shares of CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on CMS. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Morgan Stanley raised their price target on CMS Energy from $74.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Monday, February 2nd. Wells Fargo & Company lowered their price target on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Mizuho increased their price objective on CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $80.00 target price (up from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $78.31.

CMS Energy Stock Performance

NYSE:CMS opened at $76.71 on Monday. The firm has a market capitalization of $23.50 billion, a PE ratio of 21.73, a PEG ratio of 2.72 and a beta of 0.47. CMS Energy Corporation has a 1 year low of $67.71 and a 1 year high of $76.78. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89. The firm’s fifty day simple moving average is $71.04 and its 200 day simple moving average is $72.28.

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

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.28 annualized dividend and a yield of 3.0%. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s dividend payout ratio (DPR) is presently 61.47%.

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.