CMS Energy Corporation $CMS Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its stake in CMS Energy Corporation (NYSE:CMS) by 2,679.2% in the third quarter, Holdings Channel reports. The institutional investor owned 92,132 shares of the utilities provider’s stock after acquiring an additional 88,817 shares during the quarter. Vontobel Holding Ltd.’s holdings in CMS Energy were worth $5,812,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Kilter Group LLC acquired a new stake in shares of CMS Energy during the 2nd quarter valued at about $26,000. Pension & Wealth Management Advisors Inc. bought a new stake in shares of CMS Energy in the 3rd quarter valued at approximately $30,000. MidFirst Bank acquired a new position in CMS Energy in the fourth quarter worth approximately $31,000. Scarborough Advisors LLC acquired a new position in CMS Energy in the first quarter worth approximately $31,000. Finally, Trust Co. of Vermont acquired a new position in CMS Energy in the second quarter worth approximately $33,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CMS shares. Truist Financial reduced their target price on shares of CMS Energy from $81.00 to $77.00 and set a “buy” rating for the company in a research note on Wednesday. Jefferies Financial Group dropped their price target on shares of CMS Energy from $78.00 to $74.00 and set a “hold” rating on the stock in a research note on Tuesday, September 15th. UBS Group restated a “neutral” rating and set a $84.00 price target on shares of CMS Energy in a research note on Wednesday, July 29th. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Finally, KeyCorp lowered shares of CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $78.38.

CMS Energy Stock Performance

CMS opened at $68.83 on Friday. 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 company has a market cap of $21.59 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 2.51 and a beta of 0.32. The stock has a 50-day moving average of $67.00 and a 200-day moving average of $72.06. CMS Energy Corporation has a 52-week low of $62.28 and a 52-week high of $80.36.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the business earned $0.71 EPS. The firm’s revenue was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, equities research 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 was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.3%. The ex-dividend date was Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

About CMS Energy

CMS Energy Corporation (NYSE: CMS) 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 across Michigan.

Consumers Energy operates and maintains an integrated energy system that includes electric generation, transmission and distribution infrastructure, as well as natural gas storage, transportation and distribution assets.