CMS Energy Corporation $CMS Shares Sold by Advisory Alpha LLC

Advisory Alpha LLC lowered its position in shares of CMS Energy Corporation (NYSE:CMS) by 3.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,932 shares of the utilities provider’s stock after selling 274 shares during the quarter. Advisory Alpha LLC’s holdings in CMS Energy were worth $521,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of CMS Energy by 29.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,407,152 shares of the utilities provider’s stock valued at $255,911,000 after acquiring an additional 783,077 shares during the last quarter. Woodline Partners LP boosted its holdings in CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after purchasing an additional 7,300 shares during the period. Empowered Funds LLC increased its stake in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after purchasing an additional 1,226 shares during the last quarter. MBB Public Markets I LLC acquired a new stake in shares of CMS Energy during the first quarter worth $336,000. Finally, United Services Automobile Association bought a new position in shares of CMS Energy in the 1st quarter worth about $650,000. Institutional investors own 93.57% of the company’s stock.

CMS Energy Stock Up 0.4%

CMS Energy stock opened at $71.21 on Thursday. CMS Energy Corporation has a 52 week low of $63.97 and a 52 week high of $76.45. The stock has a market cap of $21.31 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 2.64 and a beta of 0.39. The company’s 50-day moving average price is $72.04 and its two-hundred day moving average price is $71.80. 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 (NYSE:CMS) last posted its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.04. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The business had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same period last year, the firm posted $0.66 earnings per share. The business’s revenue was up 14.4% on a year-over-year basis. CMS Energy has set its FY 2025 guidance at 3.540-3.600 EPS. On average, analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 8th were paid a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, August 8th. CMS Energy’s payout ratio is currently 64.20%.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, SVP Lauren Y. Snyder sold 2,220 shares of the business’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 sale, the senior vice president directly owned 13,512 shares in the company, valued at approximately $962,865.12. The trade was a 14.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $73.62, for a total transaction of $147,240.00. Following the transaction, the senior vice president owned 68,036 shares of the company’s stock, valued at approximately $5,008,810.32. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CMS. Wall Street Zen downgraded shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Morgan Stanley restated an “outperform” rating on shares of CMS Energy in a research note on Thursday, August 21st. Barclays increased their price target on CMS Energy from $77.00 to $78.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 22nd. Finally, Wolfe Research restated a “peer perform” rating on shares of CMS Energy in a research report on Monday, July 7th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $77.25.

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.