Insider Buying: CMS Energy (NYSE:CMS) Director Acquires $153,400.00 in Stock

CMS Energy Corporation (NYSE:CMSGet Free Report) Director Diane Leopold bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average price of $76.70 per share, with a total value of $153,400.00. Following the completion of the purchase, the director owned 2,769 shares in the company, valued at approximately $212,382.30. The trade was a 260.08% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

CMS Energy Stock Performance

NYSE:CMS opened at $77.98 on Monday. The firm’s 50-day moving average is $72.29 and its 200-day moving average is $72.47. The company has a market cap of $23.89 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 2.77 and a beta of 0.46. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98. CMS Energy Corporation has a 52-week low of $67.71 and a 52-week high of $78.31.

CMS Energy (NYSE:CMSGet Free Report) last released its 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 business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the business earned $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. UBS Group restated a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. Bank of America set a $82.00 price target on shares of CMS Energy in a research report on Friday, January 30th. Wells Fargo & Company decreased their price objective on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Barclays upped their price objective on CMS Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, CMS Energy presently has an average rating of “Moderate Buy” and an average target price of $79.08.

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Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC increased its holdings 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 valued at $25,000 after purchasing an additional 157 shares during the last quarter. HM Payson & Co. lifted its stake in shares of CMS Energy by 65.6% during 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 last quarter. First Horizon Corp bought a new stake in shares of CMS Energy during the 3rd quarter worth about $26,000. Elyxium Wealth LLC acquired a new position in CMS Energy in the 4th quarter valued at about $29,000. Finally, DV Equities LLC acquired a new position in CMS Energy in the 4th quarter valued at about $29,000. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Company Profile

(Get Free Report)

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.

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