CMS Energy Corporation $CMS Shares Purchased by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. raised its stake in CMS Energy Corporation (NYSE:CMS) by 26.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 795,529 shares of the utilities provider’s stock after acquiring an additional 164,930 shares during the quarter. Vaughan Nelson Investment Management L.P. owned approximately 0.26% of CMS Energy worth $55,631,000 at the end of the most recent reporting period.

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

CMS Energy Trading Up 1.3%

Shares of CMS Energy stock opened at $77.17 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89. CMS Energy Corporation has a twelve month low of $67.71 and a twelve month high of $78.88. The firm has a market capitalization of $23.77 billion, a PE ratio of 21.86, a P/E/G ratio of 2.70 and a beta of 0.46. The firm’s 50-day moving average price is $75.05 and its 200 day moving average price is $73.20.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data 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 company had revenue of $2.23 billion during 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 quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, sell-side analysts predict that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

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

Insider Transactions at CMS Energy

In other CMS Energy news, Director Diane Leopold bought 2,000 shares of CMS Energy stock in a transaction dated Wednesday, February 25th. The stock was acquired at an average cost of $76.70 per share, for a total transaction of $153,400.00. Following the completion of the transaction, the director directly owned 2,769 shares of the company’s stock, valued at approximately $212,382.30. This represents a 260.08% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Scott B. Mcintosh sold 1,750 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $78.20, for a total transaction of $136,850.00. Following the completion of the transaction, the chief accounting officer directly owned 24,223 shares in the company, valued at approximately $1,894,238.60. This represents a 6.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 20,664 shares of company stock worth $1,579,506. Company insiders own 0.49% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Williams Trading set a $80.00 price target on CMS Energy in a research note on Monday, February 9th. UBS Group reissued a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Morgan Stanley set a $80.00 price objective on CMS Energy in a research report on Friday, February 20th. BMO Capital Markets reaffirmed an “outperform” rating and set a $80.00 target price (up from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. Finally, KeyCorp increased their target price on CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.38.

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.