B. Metzler seel. Sohn & Co. AG raised its position in CMS Energy Corporation (NYSE:CMS – Free Report) by 44.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 114,254 shares of the utilities provider’s stock after acquiring an additional 35,294 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in CMS Energy were worth $7,996,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in CMS. Bison Wealth LLC acquired a new stake in CMS Energy in the fourth quarter valued at approximately $312,000. Integrated Wealth Concepts LLC purchased a new position in shares of CMS Energy during the first quarter valued at approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of CMS Energy by 10.8% during the first 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 during the last quarter. Empowered Funds LLC boosted its position in shares of CMS Energy by 22.0% during the first 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 during the last quarter. Finally, Woodline Partners LP boosted its position in shares of CMS Energy by 40.7% during the first 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 during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently issued reports on CMS. Wall Street Zen cut CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. UBS Group reaffirmed a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Bank of America lifted their target price on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. lifted their target price on CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a research report 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.21.
CMS Energy Stock Performance
Shares of CMS Energy stock opened at $76.65 on Friday. The business’s fifty day simple moving average is $77.15 and its 200 day simple moving average is $73.99. The firm has a market capitalization of $23.61 billion, a P/E ratio of 21.71, a price-to-earnings-growth ratio of 2.72 and a beta of 0.43. CMS Energy Corporation has a 12 month low of $67.71 and a 12 month 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.
CMS Energy (NYSE:CMS – Get Free Report) last issued its quarterly 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 for 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 quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the company posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current year.
CMS Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, May 8th. CMS Energy’s dividend payout ratio (DPR) is 64.59%.
Insiders Place Their Bets
In other CMS Energy news, CAO Scott B. Mcintosh sold 1,750 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $78.20, for a total value of $136,850.00. Following the sale, the chief accounting officer directly owned 24,223 shares in the company, valued at $1,894,238.60. The trade was a 6.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Diane Leopold bought 2,000 shares of the stock in a transaction on Wednesday, February 25th. The stock was purchased at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the completion of the purchase, the director owned 2,769 shares of the company’s stock, valued at approximately $212,382.30. This trade represents a 260.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have sold 20,664 shares of company stock valued at $1,579,506. 0.50% of the stock is owned by insiders.
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.
Featured Stories
Receive News & Ratings for CMS Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMS Energy and related companies with MarketBeat.com's FREE daily email newsletter.
