Beck Bode LLC Acquires 10,101 Shares of CMS Energy Corporation $CMS

Beck Bode LLC boosted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 258,289 shares of the utilities provider’s stock after purchasing an additional 10,101 shares during the quarter. CMS Energy comprises approximately 3.0% of Beck Bode LLC’s holdings, making the stock its 15th largest position. Beck Bode LLC owned about 0.09% of CMS Energy worth $17,894,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CMS. Forsta AP Fonden boosted its position in shares of CMS Energy by 14.1% in the second quarter. Forsta AP Fonden now owns 77,900 shares of the utilities provider’s stock valued at $5,397,000 after acquiring an additional 9,600 shares during the period. National Pension Service raised its stake in CMS Energy by 0.8% during the 2nd quarter. National Pension Service now owns 404,536 shares of the utilities provider’s stock valued at $28,026,000 after purchasing an additional 3,324 shares during the last quarter. Lakeridge Wealth Management LLC bought a new stake in CMS Energy in the 2nd quarter valued at $203,000. Vise Technologies Inc. acquired a new stake in CMS Energy in the 2nd quarter worth $534,000. Finally, Allworth Financial LP grew its position in CMS Energy by 16.9% in the 2nd quarter. Allworth Financial LP now owns 2,211 shares of the utilities provider’s stock worth $153,000 after purchasing an additional 319 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CMS shares. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Barclays upped their price target on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. KeyCorp lifted their price objective on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Morgan Stanley boosted their price objective on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $78.36.

Insider Transactions at CMS Energy

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

CMS Energy Trading Up 1.1%

Shares of CMS opened at $74.84 on Wednesday. CMS Energy Corporation has a 1 year low of $63.97 and a 1 year high of $76.45. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. The stock has a 50 day simple moving average of $72.72 and a 200-day simple moving average of $71.80. The stock has a market cap of $22.78 billion, a PE ratio of 22.14, a PEG ratio of 2.76 and a beta of 0.42.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.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 firm earned $0.84 EPS. CMS Energy’s quarterly revenue 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 fiscal year.

CMS Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th will be issued a $0.5425 dividend. The ex-dividend date of this dividend 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 Company 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.