Brasada Capital Management LP Buys Shares of 107,350 CMS Energy Corporation $CMS

Brasada Capital Management LP bought a new stake in CMS Energy Corporation (NYSE:CMS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 107,350 shares of the utilities provider’s stock, valued at approximately $8,212,000.

Other institutional investors have also recently made changes to their positions in the company. Bison Wealth LLC acquired a new stake in CMS Energy during the 4th quarter worth $312,000. Integrated Wealth Concepts LLC purchased a new position in shares of CMS Energy in the first quarter worth about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of CMS Energy by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after buying an additional 3,367 shares in the last quarter. Empowered Funds LLC boosted its position in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after acquiring an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP boosted its position in CMS Energy by 40.7% during the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after acquiring an additional 7,300 shares during the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on CMS shares. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Morgan Stanley lowered their target price on CMS Energy from $80.00 to $79.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. UBS Group reaffirmed a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a report on Wednesday, July 29th. KeyCorp downgraded CMS Energy from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 23rd. Finally, Argus reissued a “buy” rating and set a $80.00 price objective on shares of CMS Energy in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.69.

CMS Energy Price Performance

Shares of CMS stock opened at $68.31 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The company has a market capitalization of $21.42 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 2.51 and a beta of 0.35. The firm’s 50-day moving average is $73.26 and its two-hundred day moving average is $74.68. CMS Energy Corporation has a 12 month low of $67.90 and a 12 month high of $80.36.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The business’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.3%. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

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.