CMS Energy (NYSE:CMS) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of CMS Energy (NYSE:CMS) from a hold rating to a sell rating in a research note published on Saturday morning.

A number of other analysts have also commented on CMS. Williams Trading set a $80.00 price objective on CMS Energy in a report on Monday, February 9th. Barclays cut their target price on CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. Bank of America set a $82.00 price target on CMS Energy in a research report on Friday, January 30th. Jefferies Financial Group lifted their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Finally, JPMorgan Chase & Co. increased their target price on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $78.31.

CMS Energy Stock Performance

NYSE CMS opened at $76.71 on Friday. The company has a market cap of $23.50 billion, a P/E ratio of 21.73, a PEG ratio of 2.72 and a beta of 0.47. The company has a fifty day simple moving average of $71.16 and a 200 day simple moving average of $72.31. 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 has a 12-month low of $67.71 and a 12-month high of $76.78.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the firm earned $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Sell-side analysts predict that CMS Energy will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be paid a $0.57 dividend. The ex-dividend date is Tuesday, February 17th. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 annualized dividend and a yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is currently 61.47%.

Institutional Trading of CMS Energy

Hedge funds have recently made changes to their positions in the company. Bison Wealth LLC purchased a new stake in CMS Energy in the 4th quarter worth about $312,000. Integrated Wealth Concepts LLC bought a new position in CMS Energy during the first quarter worth about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of CMS Energy by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after purchasing an additional 3,367 shares in the last quarter. Empowered Funds LLC increased its stake in shares of CMS Energy by 22.0% in the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after purchasing an additional 1,226 shares in the last quarter. Finally, Woodline Partners LP raised its position in shares of CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after purchasing an additional 7,300 shares during the period. 93.57% of the stock is currently owned by institutional investors.

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.