Wall Street Zen upgraded shares of CMS Energy (NYSE:CMS – Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday morning.
A number of other equities research analysts also recently commented on the stock. Morgan Stanley lifted their price target on shares of CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Barclays lifted their target price on shares of CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. JPMorgan Chase & Co. decreased their price target on CMS Energy from $85.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Finally, KeyCorp lifted their price target on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.25.
View Our Latest Stock Report on CMS Energy
CMS Energy Stock Down 0.2%
CMS Energy (NYSE:CMS – Get Free Report) last posted its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.07. The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.CMS Energy’s revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.84 earnings per share. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. On average, research analysts expect that CMS Energy will post 3.59 earnings per share for the current fiscal year.
CMS Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were issued a $0.5425 dividend. The ex-dividend date was Friday, November 7th. This represents a $2.17 annualized dividend and a dividend yield of 3.1%. CMS Energy’s dividend payout ratio (DPR) is 62.72%.
Insider Buying and Selling at CMS Energy
In other news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares of the company’s stock, valued at $4,656,849.73. The trade was a 5.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.49% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. HM Payson & Co. increased its holdings in shares of 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 buying an additional 141 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of CMS Energy by 10.1% in the 3rd quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock worth $114,000 after acquiring an additional 143 shares during the last quarter. Tobam raised its position in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 145 shares during the period. Covestor Ltd raised its holdings in shares of CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 145 shares during the period. Finally, Cim LLC lifted its position in shares of CMS Energy by 0.8% in the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after acquiring an additional 152 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.
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.
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