15,939 Shares in CMS Energy Corporation $CMS Bought by Krilogy Financial LLC

Krilogy Financial LLC purchased a new stake in CMS Energy Corporation (NYSE:CMS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,939 shares of the utilities provider’s stock, valued at approximately $1,005,000.

Other large investors have also added to or reduced their stakes in the company. GQG Partners LLC bought a new position in CMS Energy during the second quarter worth $363,388,000. Pictet Asset Management Holding SA raised its position in shares of CMS Energy by 16.7% in the first quarter. Pictet Asset Management Holding SA now owns 4,166,815 shares of the utilities provider’s stock valued at $323,262,000 after purchasing an additional 595,564 shares during the period. Magellan Asset Management Ltd bought a new position in shares of CMS Energy in the second quarter valued at about $194,237,000. Legal & General Group Plc acquired a new stake in shares of CMS Energy during the 2nd quarter worth about $189,370,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of CMS Energy by 3.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,581,115 shares of the utilities provider’s stock worth $122,657,000 after buying an additional 50,475 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

CMS Energy Price Performance

Shares of CMS stock traded up $1.90 on Friday, reaching $68.83. The company had a trading volume of 7,614,845 shares, compared to its average volume of 4,350,228. The business’s 50-day moving average is $67.00 and its 200 day moving average is $72.06. CMS Energy Corporation has a one year low of $62.28 and a one year high of $80.36. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $21.59 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 2.45 and a beta of 0.32.

CMS Energy (NYSE:CMS) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the firm posted $0.71 earnings per share. The company’s revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Equities research analysts forecast that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is currently 68.47%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CMS. Weiss Ratings downgraded shares of CMS Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. BMO Capital Markets dropped their price target on CMS Energy from $77.00 to $73.00 and set an “outperform” rating for the company in a report on Tuesday, October 6th. Morgan Stanley reduced their price target on CMS Energy from $79.00 to $77.00 and set an “equal weight” rating for the company in a research note on Friday, September 18th. Argus reaffirmed a “buy” rating and issued a $80.00 price objective on shares of CMS Energy in a report on Wednesday, August 26th. Finally, Mizuho cut their price objective on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and an average price target of $78.38.

About CMS Energy

CMS Energy Corporation (NYSE: CMS) is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers across Michigan.

Consumers Energy operates and maintains an integrated energy system that includes electric generation, transmission and distribution infrastructure, as well as natural gas storage, transportation and distribution assets.