CMS Energy (NYSE:CMS) Upgraded at Truist Financial

Truist Financial upgraded shares of CMS Energy (NYSE:CMS) to a strong-buy rating in a research note published on Monday morning,Zacks.com reports.

CMS has been the topic of a number of other reports. Morgan Stanley set a $80.00 target price on CMS Energy in a research note on Friday, February 20th. Wells Fargo & Company set a $80.00 target price on CMS Energy in a research note on Tuesday. Wall Street Zen cut CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Bank of America lifted their target price on CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lifted their target price on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $81.21.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $74.95 on Monday. The stock has a market cap of $23.08 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 2.74 and a beta of 0.43. CMS Energy has a 1-year low of $67.71 and a 1-year high of $80.36. 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 stock’s fifty day simple moving average is $77.11 and its two-hundred day simple moving average is $73.97.

CMS Energy (NYSE:CMS) last released 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 company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts forecast that CMS Energy will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $2.28 annualized dividend and a yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is 64.59%.

Insider Transactions at CMS Energy

In other news, Director Diane Leopold acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was bought at an average price of $76.70 per share, with a total value of $153,400.00. Following the acquisition, the director owned 2,769 shares in the company, valued at $212,382.30. The trade was a 260.08% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John G. Russell sold 14,914 shares of CMS Energy stock in a transaction dated 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 completion of the sale, the director directly owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. This trade represents a 10.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 20,664 shares of company stock worth $1,579,506. Insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On CMS Energy

Several large investors have recently added to or reduced their stakes in CMS. Bison Wealth LLC purchased a new position in CMS Energy during the 4th quarter valued at about $312,000. Integrated Wealth Concepts LLC purchased a new position in CMS Energy during the 1st quarter valued at about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in CMS Energy by 10.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after buying an additional 3,367 shares in the last quarter. Empowered Funds LLC grew its holdings in CMS Energy by 22.0% during the 1st quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after buying an additional 1,226 shares in the last quarter. Finally, Woodline Partners LP grew its holdings in CMS Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after buying an additional 7,300 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Key CMS Energy News

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: Bank of America raised its price target from $82 to $88 and maintains a “buy” rating (roughly 17% upside from current levels), signaling stronger analyst conviction on medium-term upside. BofA price-target raise
• Positive Sentiment: Truist initiated/updated coverage: the firm set a $86 price target with a “buy” when initiating coverage and was later reported to upgrade to “strong-buy,” adding more upward price-target momentum from sell-side activity. Truist coverage/initiation Truist upgrade
• Positive Sentiment: CMS declared a quarterly cash dividend of $0.57 per share (payable May 29; record date May 8), implying about a 3.0% yield — a supportive item for income-focused investors and dividend stability perceptions.
• Neutral Sentiment: The company is scheduled to report quarterly earnings next week, a routine catalyst that will likely drive near-term volatility as investors reweight positions into/out of the print. Earnings release timing
• Negative Sentiment: A Zacks preview warns CMS may not have the right mix of drivers for an earnings beat in the upcoming report, flagging downside risk to sentiment ahead of the release. Zacks earnings preview

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.