Insider Selling: CMS Energy (NYSE:CMS) SVP Sells $289,880.00 in Stock

CMS Energy Corporation (NYSE:CMS) SVP Brandon Hofmeister sold 4,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the transaction, the senior vice president directly owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

CMS Energy Trading Down 0.3%

CMS opened at $72.35 on Friday. The company has a market cap of $22.02 billion, a P/E ratio of 21.41, a PEG 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’s 50 day moving average is $72.56 and its 200-day moving average is $71.80. CMS Energy Corporation has a 1-year low of $63.97 and a 1-year high of $76.45.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data 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 net margin of 12.76% and a return on equity of 12.07%. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the firm earned $0.84 EPS. The firm’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. Equities research analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

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

Institutional Investors Weigh In On CMS Energy

Several large investors have recently added to or reduced their stakes in the business. HM Payson & Co. lifted its stake in CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after buying an additional 141 shares during the period. First Horizon Corp bought a new stake in shares of CMS Energy in the 3rd quarter valued at $26,000. Covestor Ltd lifted its position in shares of CMS Energy by 52.0% during the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 145 shares during the period. AlphaQuest LLC boosted its stake in CMS Energy by 285.5% during the first quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock worth $34,000 after acquiring an additional 334 shares in the last quarter. Finally, Trust Co. of Vermont grew its holdings in 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 during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Ratings Changes

CMS has been the subject of several recent research reports. Morgan Stanley upped their price objective on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. 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. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $78.36.

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.