Zurcher Kantonalbank Zurich Cantonalbank Raises Position in CMS Energy Corporation $CMS

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in CMS Energy Corporation (NYSE:CMS) by 63.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 157,946 shares of the utilities provider’s stock after buying an additional 61,396 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in CMS Energy were worth $11,045,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. AE Wealth Management LLC increased its position in shares of CMS Energy by 5.8% in the third quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock worth $17,888,000 after purchasing an additional 13,481 shares during the last quarter. Cidel Asset Management Inc. increased its position in shares of CMS Energy by 7.5% in the third quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock worth $25,401,000 after purchasing an additional 24,071 shares during the last quarter. Benjamin Edwards Inc. increased its position in shares of CMS Energy by 379.3% in the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock worth $4,532,000 after purchasing an additional 48,954 shares during the last quarter. Swiss Life Asset Management Ltd grew its position in CMS Energy by 62.2% in the third quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock worth $5,462,000 after acquiring an additional 28,577 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its position in CMS Energy by 64.5% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 76,654 shares of the utilities provider’s stock worth $5,616,000 after buying an additional 30,061 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Insiders Place Their Bets

In other news, Director John G. Russell sold 14,914 shares of CMS Energy 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 completion of the sale, the director directly owned 131,568 shares in the company, valued at $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. The sale 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 firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $78.20, for a total value of $136,850.00. Following the completion of the transaction, the chief accounting officer owned 24,223 shares in the company, valued at approximately $1,894,238.60. This trade represents a 6.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,664 shares of company stock worth $1,579,506 over the last three months. Company insiders own 0.50% of the company’s stock.

CMS Energy Trading Up 2.2%

Shares of NYSE CMS opened at $76.65 on Friday. The firm’s 50 day moving average price is $77.15 and its 200-day moving average price is $73.99. The company has a market cap of $23.61 billion, a PE ratio of 21.71, a P/E/G ratio of 2.72 and a beta of 0.43. CMS Energy Corporation has a 52-week low of $67.71 and a 52-week high of $80.36. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.01. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, equities research analysts expect that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be paid a $0.57 dividend. The ex-dividend date is Friday, May 8th. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. CMS Energy’s payout ratio is currently 64.59%.

Wall Street Analyst Weigh In

Several research firms have weighed in on CMS. Mizuho boosted their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. BMO Capital Markets lowered their price target on CMS Energy from $86.00 to $85.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Wells Fargo & Company set a $80.00 price objective on shares of CMS Energy in a research report on Tuesday. Jefferies Financial Group lifted 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. Finally, UBS Group reaffirmed a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $81.21.

CMS Energy Company 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.