23,622 Shares in CMS Energy Corporation $CMS Acquired by Capital Innovations LLC

Capital Innovations LLC acquired a new position in CMS Energy Corporation (NYSE:CMS) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 23,622 shares of the utilities provider’s stock, valued at approximately $1,652,000.

Other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC grew its holdings in CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 157 shares during the period. Elyxium Wealth LLC acquired a new stake in CMS Energy during the 4th quarter worth $29,000. Quest 10 Wealth Builders Inc. grew its holdings in CMS Energy by 653.2% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 405 shares during the period. Dorato Capital Management acquired a new stake in CMS Energy during the 4th quarter worth $37,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in CMS Energy during the 3rd quarter worth $40,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the transaction, the senior vice president directly owned 67,111 shares in the company, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.50% of the stock is currently owned by corporate insiders.

CMS Energy Price Performance

NYSE CMS opened at $71.79 on Wednesday. The stock has a market cap of $22.18 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 2.55 and a beta of 0.35. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84. CMS Energy Corporation has a 52-week low of $68.41 and a 52-week high of $80.36. The business has a 50 day simple moving average of $75.56 and a 200 day simple moving average of $73.98.

CMS Energy (NYSE:CMS) last released its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.02. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The company’s revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, May 8th. CMS Energy’s dividend payout ratio is 62.98%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. KeyCorp lifted their target price on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Morgan Stanley set a $77.00 target price on shares of CMS Energy in a report on Thursday, May 21st. Wells Fargo & Company set a $80.00 target price on shares of CMS Energy in a report on Tuesday, April 21st. Williams Trading set a $80.00 price target on shares of CMS Energy in a report on Monday, February 9th. Finally, UBS Group reissued a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and an average price target of $80.83.

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.