CMS Energy (NYSE:CMS) CAO Scott Mcintosh Sells 1,750 Shares

CMS Energy Corporation (NYSE:CMS) CAO Scott Mcintosh sold 1,750 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $78.20, for a total value of $136,850.00. Following the transaction, the chief accounting officer directly owned 24,223 shares of the company’s stock, valued at $1,894,238.60. The trade was a 6.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

CMS Energy Trading Up 0.5%

Shares of CMS traded up $0.37 on Wednesday, hitting $78.17. 1,301,057 shares of the stock traded hands, compared to its average volume of 3,259,447. The firm has a market capitalization of $23.95 billion, a P/E ratio of 22.14, a P/E/G ratio of 2.77 and a beta of 0.46. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. CMS Energy Corporation has a 1 year low of $67.71 and a 1 year high of $78.47. The stock’s 50 day moving average is $72.62 and its two-hundred day moving average is $72.55.

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

CMS Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Tuesday, February 17th. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s payout ratio is currently 64.59%.

Hedge Funds Weigh In On CMS Energy

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

Wall Street Analyst Weigh In

CMS has been the subject of a number of research analyst reports. Williams Trading set a $80.00 target price on shares of CMS Energy in a research report on Monday, February 9th. KeyCorp raised their target price on shares of CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Monday. Mizuho upped their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Bank of America set a $82.00 price objective on CMS Energy in a research report on Friday, January 30th. Finally, JPMorgan Chase & Co. upped their target price on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $79.38.

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.