Aberdeen Group plc Buys 111,075 Shares of CMS Energy Corporation $CMS

Aberdeen Group plc lifted its stake in shares of CMS Energy Corporation (NYSE:CMS) by 14.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 877,487 shares of the utilities provider’s stock after acquiring an additional 111,075 shares during the period. Aberdeen Group plc owned approximately 0.29% of CMS Energy worth $61,363,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. AE Wealth Management LLC lifted its holdings in shares of CMS Energy by 5.8% in the 3rd quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock worth $17,888,000 after acquiring an additional 13,481 shares during the last quarter. Cidel Asset Management Inc. grew its holdings in shares of CMS Energy by 7.5% during the 3rd quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock valued at $25,401,000 after purchasing an additional 24,071 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in CMS Energy by 379.3% in the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock worth $4,532,000 after purchasing an additional 48,954 shares during the last quarter. Swiss Life Asset Management Ltd lifted its stake in shares of CMS Energy by 62.2% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock valued at $5,462,000 after acquiring an additional 28,577 shares during the last quarter. Finally, Venture Visionary Partners LLC lifted its stake in shares of CMS Energy by 769.5% in the 3rd quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock valued at $2,016,000 after acquiring an additional 24,356 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Insider Transactions at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $78.23, for a total value of $312,920.00. Following the transaction, the senior vice president owned 70,670 shares of the company’s stock, valued at approximately $5,528,514.10. This trade represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John G. Russell sold 14,914 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were 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 approximately $9,966,276. This represents a 10.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 20,664 shares of company stock worth $1,579,506. 0.40% of the stock is currently owned by insiders.

CMS Energy Stock Down 0.0%

CMS Energy stock opened at $78.56 on Friday. CMS Energy Corporation has a 12 month low of $67.71 and a 12 month high of $78.88. The stock has a fifty day simple moving average of $75.61 and a two-hundred day simple moving average of $73.36. 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 firm has a market cap of $24.20 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 2.78 and a beta of 0.43.

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

CMS Energy Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CMS shares. Morgan Stanley set a $80.00 target price on shares of CMS Energy in a report on Friday, February 20th. Barclays increased their target price on shares of CMS Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. KeyCorp raised their target price on CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Williams Trading set a $80.00 price target on CMS Energy in a report on Monday, February 9th. Finally, Wall Street Zen cut CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.38.

CMS Energy Company 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.