65,148 CMS Energy Corporation $CMS Shares Acquired by Sterling Capital Management LLC

Sterling Capital Management LLC increased its holdings in CMS Energy Corporation (NYSE:CMS) by 704.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,396 shares of the utilities provider’s stock after acquiring an additional 65,148 shares during the quarter. Sterling Capital Management LLC’s holdings in CMS Energy were worth $4,693,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Kilter Group LLC bought a new position in shares of CMS Energy during the second quarter valued at approximately $26,000. Pension & Wealth Management Advisors Inc. purchased a new position in CMS Energy during the third quarter valued at approximately $30,000. Scarborough Advisors LLC bought a new position in CMS Energy in the first quarter worth approximately $31,000. Trust Co. of Vermont bought a new position in CMS Energy in the second quarter worth approximately $33,000. Finally, MidFirst Bank purchased a new stake in CMS Energy during the second quarter worth $34,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Price Performance

Shares of CMS stock opened at $69.64 on Friday. CMS Energy Corporation has a fifty-two week low of $62.28 and a fifty-two week high of $80.36. The firm has a market capitalization of $21.84 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 2.54 and a beta of 0.32. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. The stock’s 50-day simple moving average is $66.87 and its 200-day simple moving average is $71.74.

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

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be paid a dividend of $0.57 per share. The ex-dividend date is Friday, November 6th. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. CMS Energy’s dividend payout ratio is presently 68.47%.

Analyst Ratings Changes

Several analysts have issued reports on CMS shares. Weiss Ratings cut CMS Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. BMO Capital Markets boosted their price target on CMS Energy from $73.00 to $76.00 and gave the stock an “outperform” rating in a research report on Monday, October 19th. Jefferies Financial Group decreased their price objective on CMS Energy from $78.00 to $74.00 and set a “hold” rating for the company in a research note on Tuesday, September 15th. Morgan Stanley dropped their price objective on CMS Energy from $77.00 to $73.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Finally, Wall Street Zen upgraded CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Seven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $77.76.

CMS Energy Company Profile

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.