Duff & Phelps Investment Management Co. Acquires 71,620 Shares of CMS Energy Corporation $CMS

Duff & Phelps Investment Management Co. lifted its holdings in CMS Energy Corporation (NYSE:CMS) by 5.2% in the 2nd quarter, Holdings Channel reports. The firm owned 1,453,667 shares of the utilities provider’s stock after acquiring an additional 71,620 shares during the period. Duff & Phelps Investment Management Co.’s holdings in CMS Energy were worth $100,710,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AlphaQuest LLC increased its holdings in CMS Energy by 285.5% in the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock worth $34,000 after buying an additional 334 shares in the last quarter. Trust Co. of Vermont lifted its stake in CMS Energy by 127.7% during the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 300 shares during the period. 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 valued at $39,000 after acquiring an additional 145 shares during the last quarter. WPG Advisers LLC purchased a new stake in shares of CMS Energy during the 1st quarter valued at about $47,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of CMS Energy in the second quarter worth approximately $58,000. 93.57% of the stock is owned by institutional investors.

CMS Energy Trading Down 0.0%

CMS Energy stock opened at $73.91 on Monday. The firm’s 50 day moving average price is $72.88 and its 200-day moving average price is $71.82. CMS Energy Corporation has a 1 year low of $63.97 and a 1 year high of $76.45. The stock has a market cap of $22.49 billion, a P/E ratio of 21.87, a PEG ratio of 2.76 and a beta of 0.42. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the business posted $0.84 earnings per share. 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. On average, equities analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

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

Insider Buying and Selling

In other news, SVP Lauren Y. Snyder sold 2,220 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the sale, the senior vice president owned 13,512 shares of the company’s stock, valued at approximately $962,865.12. This represents a 14.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This trade represents a 5.86% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

CMS has been the topic of a number of research analyst reports. KeyCorp increased their price objective on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Morgan Stanley boosted their target price on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Barclays raised their price target on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $78.36.

CMS Energy Profile

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.