CMS Energy (NYSE:CMS) Director John Russell Sells 14,914 Shares of Stock

CMS Energy Corporation (NYSE:CMS) Director John Russell sold 14,914 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the sale, the director directly owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

CMS Energy Stock Performance

Shares of CMS opened at $76.29 on Tuesday. The firm has a market cap of $23.38 billion, a P/E ratio of 21.61, a PEG ratio of 2.69 and a beta of 0.47. CMS Energy Corporation has a twelve month low of $67.71 and a twelve month high of $77.28. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98. The firm’s 50 day moving average price is $71.73 and its two-hundred day moving average price is $72.36.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the business posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be issued a dividend of $0.57 per share. The ex-dividend date is Tuesday, February 17th. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio is 64.59%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Sound Income Strategies LLC lifted its stake in CMS Energy by 84.4% in the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 157 shares during the last quarter. HM Payson & Co. lifted its position in shares of CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after buying an additional 141 shares during the last quarter. First Horizon Corp acquired a new stake in shares of CMS Energy in the third quarter valued at approximately $26,000. Elyxium Wealth LLC bought a new position in shares of CMS Energy during the 4th quarter worth approximately $29,000. Finally, DV Equities LLC acquired a new position in shares of CMS Energy during the 4th quarter worth approximately $29,000. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on CMS. Wells Fargo & Company reduced their price target on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Williams Trading set a $80.00 target price on shares of CMS Energy in a report on Monday, February 9th. Morgan Stanley set a $80.00 price target on shares of CMS Energy in a research note on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Finally, UBS Group restated a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $79.08.

About CMS Energy

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.