Journey Strategic Wealth LLC Buys Shares of 3,017 CMS Energy Corporation $CMS

Journey Strategic Wealth LLC bought a new position in shares of CMS Energy Corporation (NYSE:CMS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,017 shares of the utilities provider’s stock, valued at approximately $209,000.

A number of other large investors also recently modified their holdings of the company. AlphaQuest LLC boosted its holdings in shares of CMS Energy by 285.5% during the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock valued at $34,000 after acquiring an additional 334 shares in the last quarter. Trust Co. of Vermont raised its position in CMS Energy by 127.7% in the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 300 shares during the last quarter. Tobam boosted its stake in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 145 shares in the last quarter. WPG Advisers LLC bought a new stake in shares of CMS Energy during the first quarter worth about $47,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of CMS Energy during the second quarter worth about $58,000. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CMS. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. KeyCorp raised their price target on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Barclays increased their price objective on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Finally, Morgan Stanley raised their target price on CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $78.36.

Insider Activity at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the completion of the sale, the senior vice president directly owned 64,259 shares in the company, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Lauren Y. Snyder sold 2,220 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the completion of the transaction, the senior vice president directly owned 13,512 shares in the company, valued at approximately $962,865.12. This trade represents a 14.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.40% of the company’s stock.

CMS Energy Trading Up 0.3%

CMS opened at $74.28 on Tuesday. CMS Energy Corporation has a twelve month low of $63.97 and a twelve month high of $76.45. The company has a fifty day moving average of $73.19 and a 200-day moving average of $71.85. The stock has a market cap of $22.60 billion, a PE ratio of 21.98, a price-to-earnings-growth ratio of 2.76 and a beta of 0.42. The company has a quick ratio of 0.77, a current ratio of 1.00 and a debt-to-equity ratio of 1.93.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the previous year, the business earned $0.84 earnings per share. CMS Energy’s revenue for the quarter was up 15.9% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. On average, sell-side analysts predict that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Friday, November 7th will be given a dividend of $0.5425 per share. The ex-dividend date is Friday, November 7th. This represents a $2.17 annualized dividend and a dividend yield of 2.9%. CMS Energy’s dividend payout ratio is presently 62.72%.

CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.