CMS Energy (NYSE:CMS) Stock Rating Lowered by Wall Street Zen

CMS Energy (NYSE:CMS) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

A number of other equities research analysts have also recently weighed in on the stock. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. KeyCorp upped their price target on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. JPMorgan Chase & Co. cut their target price on CMS Energy from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Barclays raised their price target on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, CMS Energy has a consensus rating of “Moderate Buy” and a consensus price target of $78.50.

CMS Energy Price Performance

CMS opened at $69.85 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 1.84. The company has a market cap of $21.26 billion, a price-to-earnings ratio of 20.19, a price-to-earnings-growth ratio of 2.66 and a beta of 0.47. The stock has a fifty day simple moving average of $73.44 and a two-hundred day simple moving average of $72.05. CMS Energy has a 12-month low of $63.97 and a 12-month high of $76.45.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.83 billion. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The company’s revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. Research analysts predict that CMS Energy will post 3.59 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the sale, the senior vice president directly owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This trade represents a 5.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.49% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CMS Energy

Several hedge funds and other institutional investors have recently bought and sold shares of CMS. Norges Bank bought a new stake in shares of CMS Energy in the second quarter worth approximately $238,951,000. Price T Rowe Associates Inc. MD boosted its holdings in CMS Energy by 16.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,554,877 shares of the utilities provider’s stock worth $1,243,438,000 after purchasing an additional 2,297,928 shares during the last quarter. Qube Research & Technologies Ltd grew its position in CMS Energy by 1,048.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock worth $101,213,000 after purchasing an additional 1,333,743 shares during the period. Soroban Capital Partners LP raised its stake in CMS Energy by 215.8% during the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock valued at $99,429,000 after buying an additional 980,733 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of CMS Energy by 29.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,407,152 shares of the utilities provider’s stock valued at $255,911,000 after buying an additional 783,077 shares during the period. Institutional investors own 93.57% of the company’s stock.

About CMS Energy

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.