Entropy Technologies LP Buys 45,412 Shares of CMS Energy Corporation $CMS

Entropy Technologies LP grew its stake in shares of CMS Energy Corporation (NYSE:CMS) by 526.3% during the first quarter, HoldingsChannel.com reports. The fund owned 54,041 shares of the utilities provider’s stock after buying an additional 45,412 shares during the quarter. Entropy Technologies LP’s holdings in CMS Energy were worth $4,193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Sound Income Strategies LLC raised its holdings in shares of CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 157 shares during the last quarter. Elyxium Wealth LLC bought a new stake in CMS Energy in the 4th quarter worth approximately $29,000. DV Equities LLC purchased a new stake in CMS Energy during the 4th quarter valued at $29,000. MidFirst Bank purchased a new stake in CMS Energy during the 4th quarter valued at $31,000. Finally, Scarborough Advisors LLC purchased a new stake in CMS Energy during the 1st quarter valued at $31,000. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Trading Up 0.9%

CMS Energy stock opened at $74.83 on Friday. The firm has a 50 day moving average of $74.22 and a 200 day moving average of $74.69. The firm has a market capitalization of $23.12 billion, a price-to-earnings ratio of 20.67, a P/E/G ratio of 2.71 and a beta of 0.35. CMS Energy Corporation has a 12-month low of $68.64 and a 12-month high of $80.36. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, beating 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 firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period last year, the firm earned $1.02 EPS. The company’s revenue was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, research analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, August 7th. CMS Energy’s payout ratio is presently 62.98%.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the sale, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. This trade represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CMS. Wall Street Zen upgraded CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. BMO Capital Markets upped their price objective on CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. increased their target price on CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Wells Fargo & Company set a $80.00 target price on CMS Energy in a research report on Tuesday, April 21st. Finally, Morgan Stanley set a $77.00 price target on CMS Energy in a research note on Thursday, May 21st. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $81.33.

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.