Quaero Capital S.A. Makes New $496,000 Investment in CMS Energy Corporation $CMS

Quaero Capital S.A. acquired a new position in CMS Energy Corporation (NYSE:CMS) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 7,161 shares of the utilities provider’s stock, valued at approximately $496,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CMS. AlphaQuest LLC grew its stake in shares of CMS Energy by 285.5% in the first quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 334 shares in the last quarter. Trust Co. of Vermont grew its stake in shares of CMS Energy by 127.7% in the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 300 shares in the last quarter. WPG Advisers LLC bought a new position in CMS Energy in the 1st quarter valued at about $47,000. Caitong International Asset Management Co. Ltd bought a new position in CMS Energy in the 2nd quarter valued at about $58,000. Finally, TD Private Client Wealth LLC bought a new position in CMS Energy in the 1st quarter valued at about $82,000. 93.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

CMS Energy Trading Down 0.5%

Shares of NYSE:CMS opened at $72.58 on Thursday. The stock has a market capitalization of $22.09 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 2.76 and a beta of 0.42. CMS Energy Corporation has a 1-year low of $63.97 and a 1-year high of $76.45. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.77 and a current ratio of 1.00. The company has a 50 day moving average price of $72.54 and a 200 day moving average price of $71.80.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The company’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the company posted $0.84 EPS. 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, research analysts anticipate that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Friday, November 7th will be given a $0.5425 dividend. The ex-dividend date is Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is 62.72%.

Insider Activity

In related news, SVP Lauren Y. Snyder sold 2,220 shares of the firm’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 owned 13,512 shares of the company’s stock, valued at approximately $962,865.12. This trade represents a 14.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was 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 directly owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This represents a 5.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,220 shares of company stock valued at $595,317. Corporate insiders own 0.49% 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.