Caprock Group LLC Takes Position in CMS Energy Corporation $CMS

Caprock Group LLC purchased a new stake in shares of CMS Energy Corporation (NYSE:CMS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 12,560 shares of the utilities provider’s stock, valued at approximately $899,000.

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

Wall Street Analysts Forecast Growth

CMS has been the subject of several research reports. Mizuho increased their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. UBS Group reaffirmed a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. Morgan Stanley lifted their target price on shares of CMS Energy from $74.00 to $75.00 and gave the company an “equal weight” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. upped their price target on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Finally, Barclays reduced their price objective on CMS Energy from $82.00 to $74.00 and set an “overweight” rating for the company in a research report on Wednesday, January 14th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.31.

CMS Energy Stock Performance

CMS stock opened at $76.71 on Monday. The stock’s 50 day simple moving average is $71.04 and its 200 day simple moving average is $72.28. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $76.78. The stock has a market capitalization of $23.50 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 2.72 and a beta of 0.47.

CMS Energy (NYSE:CMS) last posted its earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. The business had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, 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. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.57 per share. The ex-dividend date 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 currently 61.47%.

CMS Energy Company 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.