Corient Private Wealth LP Makes New Investment in CMS Energy Corporation $CMS

Corient Private Wealth LP acquired a new position in CMS Energy Corporation (NYSE:CMS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 163,460 shares of the utilities provider’s stock, valued at approximately $12,505,000. Corient Private Wealth LP owned about 0.05% of CMS Energy as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kilter Group LLC acquired a new stake in CMS Energy during the 2nd quarter worth about $26,000. Elyxium Wealth LLC acquired a new position in CMS Energy during the 4th quarter worth approximately $29,000. DV Equities LLC acquired a new position in shares of CMS Energy during the fourth quarter worth approximately $29,000. MidFirst Bank acquired a new position in CMS Energy during the fourth quarter worth $31,000. Finally, Scarborough Advisors LLC bought a new position in shares of CMS Energy in the first quarter valued at $31,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CMS. Morgan Stanley lowered their target price on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. UBS Group reissued a “neutral” rating and set a $84.00 price objective on shares of CMS Energy in a report on Wednesday, July 29th. Argus reissued a “buy” rating and issued a $80.00 price objective on shares of CMS Energy in a research note on Wednesday. Jefferies Financial Group set a $78.00 price objective on CMS Energy in a research note on Thursday, July 16th. Finally, Weiss Ratings lowered CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $81.69.

CMS Energy Price Performance

Shares of NYSE CMS opened at $68.21 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. The stock has a fifty day simple moving average of $73.16 and a two-hundred day simple moving average of $74.63. CMS Energy Corporation has a 1-year low of $67.90 and a 1-year high of $80.36. The firm has a market cap of $21.39 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 2.47 and a beta of 0.35.

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

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be paid a $0.57 dividend. The ex-dividend date is Friday, August 7th. This represents a $2.28 annualized dividend and a dividend yield of 3.3%. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

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.