CMS Energy (NYSE:CMS) Stock Price Expected to Rise, KeyCorp Analyst Says

CMS Energy (NYSE:CMS) had its price objective increased by stock analysts at KeyCorp from $79.00 to $83.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the utilities provider’s stock. KeyCorp’s price target suggests a potential upside of 6.72% from the stock’s previous close.

Several other research firms have also issued reports on CMS. Bank of America set a $82.00 price objective on CMS Energy in a research note on Friday, January 30th. Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. JPMorgan Chase & Co. increased their target price 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. Wells Fargo & Company cut their price target on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, January 20th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.38.

CMS Energy Stock Down 0.4%

Shares of CMS opened at $77.77 on Monday. 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 company has a 50-day moving average price of $72.62 and a two-hundred day moving average price of $72.55. The stock has a market cap of $23.83 billion, a price-to-earnings ratio of 22.03, a P/E/G ratio of 2.77 and a beta of 0.46. CMS Energy has a 12 month low of $67.71 and a 12 month high of $78.47.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.01. The company 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%.The company’s revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities analysts predict that CMS Energy will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $78.23, for a total transaction of $312,920.00. Following the sale, the senior vice president directly owned 70,670 shares of the company’s stock, valued at $5,528,514.10. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Diane Leopold purchased 2,000 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was bought at an average cost of $76.70 per share, with a total value of $153,400.00. Following 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 ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CMS. Bison Wealth LLC acquired a new position in shares of CMS Energy during the fourth quarter valued at $312,000. Integrated Wealth Concepts LLC acquired a new stake in CMS Energy in the first quarter worth about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 worth $2,602,000 after purchasing an additional 3,367 shares during the last quarter. Empowered Funds LLC raised 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 worth $510,000 after purchasing an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP lifted its position 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 purchasing an additional 7,300 shares during the period. 93.57% of the stock is currently owned by institutional investors.

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.