Vinva Investment Management Ltd Acquires Shares of 13,005 CMS Energy Corporation $CMS

Vinva Investment Management Ltd bought a new position in shares of CMS Energy Corporation (NYSE:CMS) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 13,005 shares of the utilities provider’s stock, valued at approximately $946,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CMS. HM Payson & Co. lifted its holdings in shares of CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after buying an additional 141 shares during the period. First Horizon Corp acquired a new position in CMS Energy in the third quarter valued at approximately $26,000. Covestor Ltd boosted its position in CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares in the last quarter. Tobam grew its stake in shares of CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 145 shares during the period. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of CMS Energy during the 3rd quarter valued at approximately $40,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on CMS shares. BMO Capital Markets restated an “outperform” rating and set a $80.00 price target (up from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Mizuho raised their target price on CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. UBS Group reaffirmed a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Morgan Stanley set a $80.00 price target on CMS Energy in a research report on Friday, February 20th. Finally, Jefferies Financial Group boosted their price objective on CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CMS Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.38.

CMS Energy Price Performance

Shares of CMS Energy stock opened at $77.27 on Tuesday. The stock has a market capitalization of $23.68 billion, a P/E ratio of 21.89, a PEG ratio of 2.74 and a beta of 0.46. The business has a 50 day simple moving average of $73.21 and a two-hundred day simple moving average of $72.68. CMS Energy Corporation has a 12 month low of $67.71 and a 12 month high of $78.47. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.94 by $0.01. The firm had revenue of $2.23 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts predict that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.28 annualized dividend and a yield of 3.0%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s dividend payout ratio is currently 64.59%.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, Director John G. Russell sold 14,914 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director directly owned 131,568 shares of the company’s stock, valued at $9,966,276. This trade represents a 10.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Brandon J. 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 value of $312,920.00. Following the transaction, the senior vice president owned 70,670 shares in the company, valued at approximately $5,528,514.10. This represents a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,664 shares of company stock worth $1,579,506 in the last quarter. Insiders own 0.49% of the company’s stock.

CMS Energy Profile

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.