Portfolio Design Labs LLC Takes $1.38 Million Position in CMS Energy Corporation $CMS

Portfolio Design Labs LLC bought a new stake in CMS Energy Corporation (NYSE:CMS) in the 2nd quarter, Holdings Channel.com reports. The fund bought 18,030 shares of the utilities provider’s stock, valued at approximately $1,379,000.

Several other large investors have also recently added to or reduced their stakes in the business. Quadrant Capital Group LLC increased its stake in shares of CMS Energy by 3.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock valued at $298,000 after acquiring an additional 137 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of CMS Energy by 1.5% in the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after acquiring an additional 143 shares during the last quarter. Florida Financial Advisors LLC grew its holdings in CMS Energy by 4.9% in the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock valued at $220,000 after purchasing an additional 149 shares during the period. Cim LLC increased its position in CMS Energy by 0.8% during the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock worth $1,395,000 after purchasing an additional 152 shares during the last quarter. Finally, Norinchukin Bank The increased its position in CMS Energy by 0.9% during the third quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock worth $1,338,000 after purchasing an additional 156 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on CMS. BMO Capital Markets lifted their price target on shares of CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Monday, July 20th. KeyCorp downgraded CMS Energy from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 23rd. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. Mizuho reduced their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Finally, Jefferies Financial Group set a $78.00 price target on CMS Energy in a research report on Thursday, July 16th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $81.67.

CMS Energy Trading Down 1.0%

Shares of CMS stock opened at $69.87 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. CMS Energy Corporation has a fifty-two week low of $68.64 and a fifty-two week high of $80.36. The firm’s 50 day moving average price is $73.76 and its two-hundred day moving average price is $74.79. The stock has a market cap of $21.91 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 2.56 and a beta of 0.35.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business earned $0.71 earnings per share. The business’s quarterly revenue was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, August 7th. CMS Energy’s dividend payout ratio is currently 68.47%.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This trade represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.50% of the stock is owned by company insiders.

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.