CMS Energy Corporation $CMS Shares Purchased by US Bancorp DE

US Bancorp DE boosted its holdings in CMS Energy Corporation (NYSE:CMS) by 64.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 365,442 shares of the utilities provider’s stock after acquiring an additional 143,881 shares during the period. US Bancorp DE’s holdings in CMS Energy were worth $25,555,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC grew its stake in CMS Energy by 84.4% in the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 157 shares during the last quarter. First Horizon Corp acquired a new stake in CMS Energy in the 3rd quarter valued at about $26,000. Covestor Ltd grew its stake in CMS Energy by 52.0% in 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 last quarter. Quest 10 Wealth Builders Inc. grew its stake in CMS Energy by 653.2% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 405 shares during the last quarter. Finally, Dorato Capital Management acquired a new stake in CMS Energy in the 4th quarter valued at about $37,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on CMS. Jefferies Financial Group increased their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Mizuho increased their price objective on shares of CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. BMO Capital Markets lowered their price objective on shares of CMS Energy from $86.00 to $85.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Barclays lowered their price objective on shares of CMS Energy from $81.00 to $79.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Truist Financial began coverage on shares of CMS Energy in a research note on Tuesday, April 21st. They issued a “buy” rating and a $86.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $81.50.

Insider Activity

In related news, Director Diane Leopold acquired 2,000 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average cost of $76.70 per share, for a total transaction of $153,400.00. Following the acquisition, the director directly owned 2,769 shares in the company, valued at approximately $212,382.30. The trade was a 260.08% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Scott B. Mcintosh sold 1,750 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $78.20, for a total transaction of $136,850.00. Following the transaction, the chief accounting officer owned 24,223 shares in the company, valued at approximately $1,894,238.60. The trade was a 6.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 20,664 shares of company stock valued at $1,579,506 over the last quarter. 0.50% of the stock is currently owned by company insiders.

CMS Energy Price Performance

CMS Energy stock opened at $76.06 on Friday. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $80.36. The stock has a market capitalization of $23.50 billion, a P/E ratio of 21.01, a P/E/G ratio of 2.78 and a beta of 0.37. The firm’s 50-day moving average is $77.13 and its two-hundred day moving average is $74.07. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.76.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.02. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same period last year, the company earned $1.02 EPS. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Equities analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, May 8th. CMS Energy’s dividend payout ratio (DPR) is currently 62.98%.

CMS Energy Profile

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.