Mufg Securities Americas Inc. boosted its holdings in shares of CMS Energy Corporation (NYSE:CMS – Free Report) by 25.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 6,629 shares of the utilities provider’s stock after buying an additional 1,340 shares during the period. Mufg Securities Americas Inc.’s holdings in CMS Energy were worth $459,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the stock. Tobam raised its position in 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. Nicholson Wealth Management Group LLC boosted its position in CMS Energy by 0.7% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 23,495 shares of the utilities provider’s stock valued at $1,628,000 after buying an additional 158 shares during the period. Croban grew its stake in shares of CMS Energy by 1.2% in the second quarter. Croban now owns 14,056 shares of the utilities provider’s stock worth $974,000 after purchasing an additional 167 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of CMS Energy by 15.1% during the second quarter. Harbour Investments Inc. now owns 1,278 shares of the utilities provider’s stock valued at $89,000 after buying an additional 168 shares during the period. Finally, Crestwood Advisors Group LLC increased its position in CMS Energy by 3.4% during the 2nd quarter. Crestwood Advisors Group LLC now owns 5,517 shares of the utilities provider’s stock valued at $382,000 after purchasing an additional 179 shares during the period. Institutional investors own 93.57% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on CMS shares. KeyCorp raised their target price on 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 research note on Tuesday, October 28th. Wall Street Zen raised shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Barclays lifted their target price on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $78.36.
CMS Energy Trading Up 0.3%
NYSE:CMS opened at $74.28 on Tuesday. The company 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 current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. The company has a 50 day simple moving average of $73.19 and a two-hundred day simple moving average of $71.85. CMS Energy Corporation has a 12 month low of $63.97 and a 12 month high of $76.45.
CMS Energy (NYSE:CMS – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share 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 firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same period in the prior year, the firm earned $0.84 EPS. The company’s revenue was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. Research analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current year.
CMS Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th will be paid a $0.5425 dividend. This represents a $2.17 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, November 7th. CMS Energy’s dividend payout ratio is 62.72%.
Insider Buying and Selling
In other news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Lauren Y. Snyder sold 2,220 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction of $158,197.20. Following the sale, the senior vice president directly owned 13,512 shares of the company’s stock, valued at approximately $962,865.12. The trade was a 14.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.40% of the company’s stock.
About CMS Energy
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.
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