Quantinno Capital Management LP Increases Stake in CMS Energy Corporation $CMS

Quantinno Capital Management LP lifted its position in CMS Energy Corporation (NYSE:CMS) by 53.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 408,213 shares of the utilities provider’s stock after acquiring an additional 142,331 shares during the period. Quantinno Capital Management LP’s holdings in CMS Energy were worth $31,669,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Sound Income Strategies LLC grew its holdings in CMS Energy by 84.4% during the 4th 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. Scarborough Advisors LLC purchased a new stake in CMS Energy in the 1st quarter worth about $31,000. Elyxium Wealth LLC bought a new stake in CMS Energy in the fourth quarter worth about $29,000. DV Equities LLC bought a new stake in CMS Energy in the fourth quarter worth about $29,000. Finally, MidFirst Bank purchased a new position in shares of CMS Energy during the fourth quarter valued at approximately $31,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the sale, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. The trade was a 4.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.50% of the stock is owned by insiders.

CMS Energy Price Performance

Shares of CMS stock opened at $72.09 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.66. The company has a market capitalization of $22.61 billion, a P/E ratio of 21.65, a P/E/G ratio of 2.62 and a beta of 0.35. The company’s 50-day simple moving average is $74.23 and its two-hundred day simple moving average is $74.81. CMS Energy Corporation has a one year low of $68.64 and a one year high of $80.36.

CMS Energy (NYSE:CMS) last issued its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the company posted $0.71 earnings per share. The company’s quarterly 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 analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

Analysts Set New Price Targets

CMS has been the topic of a number of analyst reports. Truist Financial cut their target price on CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Bank of America boosted their price objective on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Mizuho cut their price objective on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Morgan Stanley set a $77.00 target price on CMS Energy in a research note on Thursday, May 21st. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $81.83.

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.