Insider Selling: CMS Energy (NYSE:CMS) SVP Sells $312,920.00 in Stock

CMS Energy Corporation (NYSE:CMS) SVP Brandon Hofmeister sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the transaction, the senior vice president directly owned 70,670 shares of the company’s stock, valued at $5,528,514.10. This trade represents a 5.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

CMS Energy Stock Up 0.5%

Shares of NYSE CMS opened at $78.21 on Thursday. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $78.47. The stock’s fifty day simple moving average is $72.78 and its two-hundred day simple moving average is $72.59. The stock has a market capitalization of $23.97 billion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 2.76 and a beta of 0.46. 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 (NYSE:CMS) last issued its quarterly earnings data 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. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The firm had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the prior year, the business posted $0.87 EPS. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

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

Wall Street Analysts Forecast Growth

CMS has been the subject of several recent analyst reports. BMO Capital Markets restated an “outperform” rating and issued a $80.00 target price (up from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. JPMorgan Chase & Co. raised their price objective on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Bank of America set a $82.00 target price on CMS Energy in a research note on Friday, January 30th. Morgan Stanley set a $80.00 price target on CMS Energy in a research note on Friday, February 20th. Finally, Wall Street Zen downgraded CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Eight investment 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, CMS Energy currently has an average rating of “Moderate Buy” and an average target price of $79.38.

Institutional Trading of CMS Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CMS. Sound Income Strategies LLC raised its stake in shares of CMS Energy by 84.4% in the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 157 shares during the last quarter. HM Payson & Co. increased its holdings in CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after buying an additional 141 shares during the period. First Horizon Corp purchased a new position in CMS Energy during the 3rd quarter worth approximately $26,000. Elyxium Wealth LLC acquired a new stake in CMS Energy during the 4th quarter valued at approximately $29,000. Finally, DV Equities LLC purchased a new stake in shares of CMS Energy in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

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.