ProShare Advisors LLC Purchases 6,137 Shares of CMS Energy Corporation $CMS

ProShare Advisors LLC increased its position in shares of CMS Energy Corporation (NYSE:CMS) by 13.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 53,165 shares of the utilities provider’s stock after buying an additional 6,137 shares during the quarter. ProShare Advisors LLC’s holdings in CMS Energy were worth $3,683,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CMS. AlphaQuest LLC raised its stake in CMS Energy by 285.5% in the first quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock valued at $34,000 after buying an additional 334 shares during the period. Trust Co. of Vermont boosted 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 acquiring an additional 300 shares during the period. WPG Advisers LLC acquired a new position in shares of CMS Energy during the 1st quarter worth approximately $47,000. Caitong International Asset Management Co. Ltd bought a new stake in CMS Energy in the 2nd quarter valued at $58,000. Finally, Harbour Investments Inc. lifted its holdings in CMS Energy by 38.1% during the 1st quarter. Harbour Investments Inc. now owns 1,110 shares of the utilities provider’s stock valued at $83,000 after purchasing an additional 306 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on CMS. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. KeyCorp increased their price target on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Barclays upped their target price on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and an average price target of $78.36.

Insider Transactions at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s stock in a transaction 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Lauren Y. Snyder sold 2,220 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president directly owned 13,512 shares in the company, valued at $962,865.12. This trade represents a 14.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.40% of the company’s stock.

CMS Energy Stock Down 0.0%

Shares of CMS opened at $73.91 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. CMS Energy Corporation has a 12 month low of $63.97 and a 12 month high of $76.45. The firm’s 50 day moving average is $72.88 and its 200-day moving average is $71.85. The stock has a market capitalization of $22.49 billion, a PE ratio of 21.87, a P/E/G ratio of 2.76 and a beta of 0.42.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $2.02 billion for 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% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities research analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current 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 given 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 yield of 2.9%. CMS Energy’s dividend payout ratio is currently 62.72%.

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.