Vinva Investment Management Ltd Acquires New Shares in CMS Energy Corporation $CMS

Vinva Investment Management Ltd acquired a new position in CMS Energy Corporation (NYSE:CMS) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,005 shares of the utilities provider’s stock, valued at approximately $946,000.

A number of other institutional investors have also added to or reduced their stakes in CMS. HM Payson & Co. raised its holdings in shares of CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 141 shares in the last quarter. First Horizon Corp purchased a new stake in shares of CMS Energy in the 3rd quarter worth approximately $26,000. Covestor Ltd boosted its stake in shares of CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 145 shares in the last quarter. Tobam increased its holdings in CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after buying an additional 145 shares during the period. Finally, Physician Wealth Advisors Inc. purchased a new position in CMS Energy during the third quarter valued at approximately $40,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on CMS. Morgan Stanley set a $80.00 target price on CMS Energy in a report on Friday, February 20th. Mizuho lifted their price target on CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a report on Friday, February 6th. KeyCorp boosted their price target on CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Jefferies Financial Group upped their price objective on CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Wells Fargo & Company dropped their price objective on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $79.38.

Insider Activity at CMS Energy

In other news, CAO Scott B. Mcintosh sold 1,750 shares of CMS Energy stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the completion of the sale, the chief accounting officer directly owned 24,223 shares in the company, valued at approximately $1,894,238.60. The trade was a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $78.23, for a total value of $312,920.00. Following the completion of the transaction, the senior vice president directly owned 70,670 shares in the company, valued at approximately $5,528,514.10. The trade was a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 20,664 shares of company stock valued at $1,579,506. Company insiders own 0.49% of the company’s stock.

CMS Energy Price Performance

Shares of CMS opened at $77.27 on Tuesday. The company has a 50 day moving average of $73.21 and a two-hundred day moving average of $72.68. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. CMS Energy Corporation has a twelve month low of $67.71 and a twelve month high of $78.47. The company has a market cap of $23.68 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 2.74 and a beta of 0.46.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.94 by $0.01. The firm had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, February 17th. CMS Energy’s dividend payout ratio is currently 64.59%.

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.