3,017 Shares in CMS Energy Corporation $CMS Purchased by Journey Strategic Wealth LLC

Journey Strategic Wealth LLC purchased a new stake in CMS Energy Corporation (NYSE:CMS) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,017 shares of the utilities provider’s stock, valued at approximately $209,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. AlphaQuest LLC lifted its holdings in CMS Energy by 285.5% during the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 334 shares during the last quarter. Trust Co. of Vermont lifted its stake in shares of CMS Energy by 127.7% during the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after buying an additional 300 shares during the last quarter. Tobam boosted its holdings in shares of CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after buying an additional 145 shares during the period. WPG Advisers LLC acquired a new position in CMS Energy in the 1st quarter valued at about $47,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in CMS Energy in the 2nd quarter valued at about $58,000. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Trading Up 0.3%

CMS opened at $74.28 on Tuesday. The stock has a market capitalization of $22.60 billion, a price-to-earnings ratio of 21.98, a P/E/G ratio of 2.76 and a beta of 0.42. The company has a quick ratio of 0.77, a current ratio of 1.00 and a debt-to-equity ratio of 1.93. CMS Energy Corporation has a twelve month low of $63.97 and a twelve month high of $76.45. The company has a 50-day simple moving average of $73.19 and a 200 day simple moving average of $71.85.

CMS Energy (NYSE:CMS) last released its 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 net margin of 12.76% and a return on equity of 12.07%. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same period last year, the firm earned $0.84 EPS. The business’s quarterly 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. Analysts predict that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th will be paid a dividend of $0.5425 per share. The ex-dividend date is Friday, November 7th. This represents a $2.17 annualized dividend and a yield of 2.9%. CMS Energy’s dividend payout ratio is presently 62.72%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CMS shares. Barclays boosted their price objective on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Finally, KeyCorp upped 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. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, CMS Energy has a consensus rating of “Moderate Buy” and an average target price of $78.36.

Insiders Place Their Bets

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on 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 owned 64,259 shares in the company, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $71.26, for a total value of $158,197.20. Following 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 disclosure for this sale is available in the SEC filing. 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.