CMS Energy (NYSE:CMS) Price Target Raised to $86.00 at BMO Capital Markets

CMS Energy (NYSE:CMS) had its target price raised by BMO Capital Markets from $81.00 to $86.00 in a research report sent to investors on Monday morning, Marketbeat Ratings reports. BMO Capital Markets currently has an outperform rating on the utilities provider’s stock.

CMS has been the topic of several other reports. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Weiss Ratings reissued a “buy (b)” rating on shares of CMS Energy in a report on Friday, June 5th. Bank of America upped their price objective on shares of CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Truist Financial dropped their price objective on CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. lifted their target price on CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CMS Energy presently has a consensus rating of “Moderate Buy” and an average price target of $81.33.

CMS Energy Stock Performance

Shares of CMS stock opened at $72.88 on Monday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66. The stock has a market cap of $22.51 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 2.67 and a beta of 0.35. The stock has a 50-day moving average of $74.13 and a 200-day moving average of $74.62. CMS Energy has a one year low of $68.64 and a one year high of $80.36.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The business had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period last year, the company posted $1.02 EPS. CMS Energy’s revenue for the quarter was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, sell-side analysts expect that CMS Energy will post 3.87 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the transaction, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On CMS Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Tema ETFs LLC lifted its position in CMS Energy by 8.9% in the 2nd quarter. Tema ETFs LLC now owns 3,532 shares of the utilities provider’s stock valued at $270,000 after acquiring an additional 290 shares in the last quarter. Fulton Bank N.A. boosted its stake in CMS Energy by 9.0% in the 2nd quarter. Fulton Bank N.A. now owns 6,337 shares of the utilities provider’s stock worth $485,000 after purchasing an additional 524 shares during the period. Everpar Advisors LLC bought a new position in CMS Energy during the 2nd quarter worth about $375,000. Hennion & Walsh Asset Management Inc. increased its holdings in CMS Energy by 8.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 53,371 shares of the utilities provider’s stock worth $4,083,000 after purchasing an additional 4,297 shares in the last quarter. Finally, Czech National Bank raised its stake in shares of CMS Energy by 5.4% in the 2nd quarter. Czech National Bank now owns 87,930 shares of the utilities provider’s stock valued at $6,727,000 after purchasing an additional 4,478 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

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.