SG Americas Securities LLC Increases Stock Position in CMS Energy Corporation $CMS

SG Americas Securities LLC lifted its position in shares of CMS Energy Corporation (NYSE:CMS) by 1,243.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 335,877 shares of the utilities provider’s stock after purchasing an additional 310,868 shares during the period. SG Americas Securities LLC’s holdings in CMS Energy were worth $23,488,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. HM Payson & Co. boosted its holdings in CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 141 shares during the last quarter. First Horizon Corp acquired a new stake in CMS Energy during the third quarter worth about $26,000. Covestor Ltd raised its holdings in shares of CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares during the period. Physician Wealth Advisors Inc. purchased a new position in shares of CMS Energy in the 3rd quarter worth about $40,000. Finally, Capital A Wealth Management LLC lifted its stake in shares of CMS Energy by 2,870.0% in the 2nd quarter. Capital A Wealth Management LLC now owns 594 shares of the utilities provider’s stock valued at $41,000 after purchasing an additional 574 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Price Performance

CMS stock opened at $76.27 on Friday. The firm has a market cap of $23.49 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 2.67 and a beta of 0.46. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98. CMS Energy Corporation has a 1 year low of $67.71 and a 1 year high of $78.88. The stock has a 50-day simple moving average of $74.85 and a 200-day simple moving average of $73.09.

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

CMS Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio is presently 64.59%.

Insider Activity

In other news, Director Diane Leopold purchased 2,000 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was acquired 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 in the company, valued at approximately $212,382.30. This trade represents a 260.08% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on Friday, February 27th. The stock was 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 in the company, valued at $5,528,514.10. This trade represents a 5.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,664 shares of company stock valued at $1,579,506 over the last ninety days. 0.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CMS shares. Morgan Stanley set a $80.00 target price on CMS Energy in a report on Friday, February 20th. KeyCorp lifted their price target on shares of CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. Mizuho increased their price objective on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, Jefferies Financial Group raised their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.