CMS Energy Corporation $CMS Stock Position Cut by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. decreased its stake in shares of CMS Energy Corporation (NYSE:CMS) by 7.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,253 shares of the utilities provider’s stock after selling 10,039 shares during the period. Contravisory Investment Management Inc.’s holdings in CMS Energy were worth $8,130,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CMS. HM Payson & Co. increased its stake 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 valued at $26,000 after acquiring an additional 141 shares during the period. First Horizon Corp bought a new position in CMS Energy during the 3rd quarter valued at $26,000. Covestor Ltd boosted its stake in CMS Energy by 52.0% during the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 145 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new position in shares of CMS Energy during the 3rd quarter valued at $40,000. Finally, Capital A Wealth Management LLC increased its position in shares of CMS Energy by 2,870.0% during the 2nd quarter. Capital A Wealth Management LLC now owns 594 shares of the utilities provider’s stock valued at $41,000 after purchasing an additional 574 shares during the period. 93.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Williams Trading set a $80.00 price objective on CMS Energy in a report on Monday, February 9th. JPMorgan Chase & Co. boosted their price target on shares of CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. KeyCorp upped their price target on shares of CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Barclays raised their price objective on shares of CMS Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Finally, Mizuho boosted their target price on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $79.38.

CMS Energy Stock Up 0.3%

Shares of CMS Energy stock opened at $74.66 on Tuesday. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $78.88. The firm has a market capitalization of $22.99 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 2.64 and a beta of 0.46. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. The stock’s fifty day moving average is $74.56 and its 200-day moving average is $73.03.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating 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%.CMS Energy’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the company posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Tuesday, February 17th. CMS Energy’s payout ratio is 64.59%.

Insider Activity

In related news, CAO Scott B. Mcintosh sold 1,750 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total value of $136,850.00. Following the completion of the transaction, the chief accounting officer owned 24,223 shares of the company’s stock, valued at approximately $1,894,238.60. This trade represents a 6.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Diane Leopold acquired 2,000 shares of the stock in a transaction on Wednesday, February 25th. The shares were purchased at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the completion of the transaction, the director owned 2,769 shares in the company, valued at approximately $212,382.30. This represents a 260.08% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders sold 20,664 shares of company stock valued at $1,579,506. 0.49% of the stock is currently owned by insiders.

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.