Van ECK Associates Corp Raises Holdings in CMS Energy Corporation $CMS

Van ECK Associates Corp lifted its position in shares of CMS Energy Corporation (NYSE:CMS) by 6.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 190,023 shares of the utilities provider’s stock after acquiring an additional 11,454 shares during the quarter. Van ECK Associates Corp owned approximately 0.06% of CMS Energy worth $14,537,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CMS. Bison Wealth LLC purchased a new stake in shares of CMS Energy during the 4th quarter valued at approximately $312,000. Integrated Wealth Concepts LLC purchased a new position in CMS Energy in the 1st quarter valued at approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in CMS Energy by 10.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after buying an additional 3,367 shares in the last quarter. Empowered Funds LLC raised its holdings in CMS Energy by 22.0% during the 1st quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after acquiring an additional 1,226 shares during the period. Finally, Woodline Partners LP raised its holdings in CMS Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after acquiring an additional 7,300 shares during the period. Institutional investors own 93.57% of the company’s stock.

CMS Energy Stock Performance

NYSE CMS opened at $68.16 on Tuesday. CMS Energy Corporation has a 52-week low of $67.47 and a 52-week high of $80.36. The company has a fifty day moving average of $73.04 and a 200-day moving average of $74.61. The company has a market capitalization of $21.37 billion, a P/E ratio of 20.47, a P/E/G ratio of 2.47 and a beta of 0.35. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94.

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

CMS Energy Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on CMS shares. UBS Group reaffirmed a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a report on Wednesday, July 29th. Barclays increased their price objective on CMS Energy from $79.00 to $81.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Truist Financial reduced their target price on CMS Energy from $85.00 to $81.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Weiss Ratings cut CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Finally, BMO Capital Markets raised their price objective on shares of CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.69.

CMS Energy 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.