Andra AP fonden Sells 67,199 Shares of CMS Energy Corporation $CMS

Andra AP fonden lowered its stake in CMS Energy Corporation (NYSE:CMS) by 80.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,974 shares of the utilities provider’s stock after selling 67,199 shares during the quarter. Andra AP fonden’s holdings in CMS Energy were worth $1,170,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. HM Payson & Co. boosted its stake in shares of CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after buying an additional 141 shares during the last quarter. First Horizon Corp bought a new position in CMS Energy in the third quarter valued at about $26,000. Covestor Ltd boosted its position 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 last quarter. Physician Wealth Advisors Inc. bought a new stake in shares of CMS Energy during the 3rd quarter valued at about $40,000. Finally, Tobam increased its position 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 purchasing an additional 145 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on CMS. Bank of America set a $82.00 price objective on shares of CMS Energy in a report on Friday, January 30th. Barclays lifted their price target on shares of CMS Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. JPMorgan Chase & Co. upped their price objective on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Wells Fargo & Company decreased their target price on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Finally, Wall Street Zen lowered CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.08.

Insider Buying and Selling

In other news, Director John G. Russell sold 14,914 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $75.75, for a total transaction of $1,129,735.50. Following the sale, the director directly owned 131,568 shares of the company’s stock, valued at $9,966,276. This represents a 10.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Diane Leopold bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was acquired at an average cost of $76.70 per share, with a total value of $153,400.00. Following the completion of the acquisition, the director owned 2,769 shares of the company’s stock, valued at $212,382.30. This represents a 260.08% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.49% of the company’s stock.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $77.98 on Monday. 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 has a fifty day moving average price of $72.29 and a 200 day moving average price of $72.47. CMS Energy Corporation has a fifty-two week low of $67.71 and a fifty-two week high of $78.31. The firm has a market cap of $23.89 billion, a price-to-earnings ratio of 22.09, a P/E/G ratio of 2.77 and a beta of 0.46.

CMS Energy (NYSE:CMS) last announced 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. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, sell-side analysts expect that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.57 per share. The ex-dividend date was Tuesday, February 17th. This represents a $2.28 annualized dividend and a yield of 2.9%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s dividend payout ratio (DPR) is 64.59%.

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.