Oak Thistle LLC Has $3.68 Million Stock Holdings in CMS Energy Corporation $CMS

Oak Thistle LLC boosted its stake in CMS Energy Corporation (NYSE:CMS) by 506.2% in the fourth quarter, HoldingsChannel reports. The firm owned 52,685 shares of the utilities provider’s stock after buying an additional 43,994 shares during the period. CMS Energy makes up about 0.5% of Oak Thistle LLC’s portfolio, making the stock its 14th largest position. Oak Thistle LLC’s holdings in CMS Energy were worth $3,684,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Sound Income Strategies LLC grew its holdings in shares of CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after buying an additional 157 shares during the last quarter. HM Payson & Co. grew its holdings in shares of CMS Energy by 65.6% during the third 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 last quarter. First Horizon Corp acquired a new position in shares of CMS Energy during the third quarter valued at about $26,000. Covestor Ltd grew its holdings in shares of CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after buying an additional 145 shares during the last quarter. Finally, Dorato Capital Management acquired a new position in shares of CMS Energy during the fourth quarter valued at about $37,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CMS has been the topic of a number of recent analyst reports. Bank of America set a $82.00 price target on shares of CMS Energy in a research report on Friday, January 30th. Williams Trading set a $80.00 price target on shares of CMS Energy in a research report on Monday, February 9th. Morgan Stanley set a $80.00 price target on shares of CMS Energy in a research report on Friday, February 20th. UBS Group reissued a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Finally, Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $79.38.

Insider Activity

In other news, Director Diane Leopold acquired 2,000 shares of CMS Energy stock in a transaction that occurred on Wednesday, February 25th. The stock was 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 legal filing with the SEC, which is available through this link. Also, CAO Scott B. Mcintosh sold 1,750 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the transaction, the chief accounting officer directly owned 24,223 shares of the company’s stock, valued at approximately $1,894,238.60. This represents a 6.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 20,664 shares of company stock worth $1,579,506 in the last three months. Insiders own 0.40% of the company’s stock.

CMS Energy Stock Performance

NYSE CMS opened at $78.63 on Wednesday. The company’s 50 day moving average is $75.88 and its 200-day moving average is $73.52. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $79.20. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. The firm has a market cap of $24.22 billion, a P/E ratio of 22.28, a price-to-earnings-growth ratio of 2.78 and a beta of 0.43.

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

CMS Energy Increases Dividend

The company 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. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, February 17th. CMS Energy’s dividend payout ratio is presently 64.59%.

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.