Flputnam Investment Management Co. Buys New Shares in CMS Energy Corporation $CMS

Flputnam Investment Management Co. bought a new position in CMS Energy Corporation (NYSE:CMS) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 50,096 shares of the utilities provider’s stock, valued at approximately $3,832,000.

A number of other institutional investors have also bought and sold shares of CMS. iA Global Asset Management Inc. raised its stake in CMS Energy by 2.3% during the 4th quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock valued at $92,529,000 after purchasing an additional 30,000 shares during the period. Vanguard Group Inc. boosted its stake in CMS Energy by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock worth $2,844,213,000 after purchasing an additional 1,501,991 shares during the period. RIA Advisory Group LLC bought a new position in CMS Energy in the 4th quarter worth approximately $974,000. Capital Innovations LLC purchased a new stake in CMS Energy during the 4th quarter valued at approximately $1,652,000. Finally, US Bancorp DE grew its holdings in CMS Energy by 64.9% during the 4th quarter. US Bancorp DE now owns 365,442 shares of the utilities provider’s stock valued at $25,555,000 after buying an additional 143,881 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.50% of the stock is owned by insiders.

CMS Energy Trading Down 0.0%

Shares of CMS stock opened at $71.11 on Monday. CMS Energy Corporation has a 1 year low of $68.64 and a 1 year high of $80.36. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The stock’s 50 day simple moving average is $73.89 and its two-hundred day simple moving average is $74.82. The company has a market cap of $22.30 billion, a PE ratio of 21.35, a price-to-earnings-growth ratio of 2.58 and a beta of 0.35.

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

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s payout ratio is presently 68.47%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Wall Street Zen raised shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Wells Fargo & Company set a $80.00 price target on shares of CMS Energy in a report on Tuesday, April 21st. UBS Group reiterated a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group set a $78.00 price objective on shares of CMS Energy in a report on Thursday, July 16th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $81.67.

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.