Shares of CMS Energy Corporation (NYSE:CMS – Get Free Report) have been given an average rating of “Moderate Buy” by the fourteen brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $77.4167.
Several equities research analysts recently commented on CMS shares. UBS Group dropped their price objective on shares of CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. JPMorgan Chase & Co. boosted their price target on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. 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. Wells Fargo & Company lowered their price objective on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Wall Street Zen raised CMS Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th.
Check Out Our Latest Analysis on CMS
CMS Energy Trading Up 0.5%
CMS Energy (NYSE:CMS – Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the firm posted $0.84 earnings per share. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. 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 forecast that CMS Energy will post 3.59 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction dated Monday, November 3rd. The shares were 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 approximately $4,656,849.73. This represents a 5.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.40% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Benjamin Edwards Inc. lifted its holdings in shares of CMS Energy by 379.3% during the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock valued at $4,532,000 after purchasing an additional 48,954 shares in the last quarter. Venture Visionary Partners LLC increased its holdings in CMS Energy by 769.5% in the 3rd quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock worth $2,016,000 after buying an additional 24,356 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in CMS Energy by 17.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 630,599 shares of the utilities provider’s stock worth $46,198,000 after buying an additional 92,980 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its stake in CMS Energy by 112.1% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 104,094 shares of the utilities provider’s stock valued at $7,626,000 after acquiring an additional 55,017 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of CMS Energy by 10.9% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock valued at $40,971,000 after acquiring an additional 58,024 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.
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.
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