Oak Thistle LLC Has $3.68 Million Stock Holdings in CMS Energy Corporation $CMS

Oak Thistle LLC boosted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 506.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 52,685 shares of the utilities provider’s stock after acquiring an additional 43,994 shares during the period. CMS Energy accounts for 0.5% of Oak Thistle LLC’s portfolio, making the stock its 14th largest position. Oak Thistle LLC’s holdings in CMS Energy were worth $3,684,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CMS. Greenleaf Trust boosted its holdings in CMS Energy by 4.0% during the fourth quarter. Greenleaf Trust now owns 11,056 shares of the utilities provider’s stock worth $773,000 after buying an additional 426 shares during the last quarter. Sound Income Strategies LLC boosted its position 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 worth $25,000 after purchasing an additional 157 shares in the last quarter. Jmac Enterprises LLC boosted its position in shares of CMS Energy by 41.7% during the fourth quarter. Jmac Enterprises LLC now owns 6,800 shares of the utilities provider’s stock worth $476,000 after purchasing an additional 2,000 shares in the last quarter. Signaturefd LLC boosted its position in shares of CMS Energy by 12.6% during the fourth quarter. Signaturefd LLC now owns 6,663 shares of the utilities provider’s stock worth $466,000 after purchasing an additional 743 shares in the last quarter. Finally, First American Bank boosted its position in shares of CMS Energy by 1.6% during the fourth quarter. First American Bank now owns 84,614 shares of the utilities provider’s stock worth $5,917,000 after purchasing an additional 1,370 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Activity at CMS Energy

In related news, Director John G. Russell sold 14,914 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director owned 131,568 shares in the company, valued at approximately $9,966,276. This represents a 10.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Diane Leopold bought 2,000 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were acquired at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the transaction, the director owned 2,769 shares in the company, valued at approximately $212,382.30. This represents a 260.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 20,664 shares of company stock worth $1,579,506 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CMS. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Wall Street Zen cut shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Williams Trading set a $80.00 price target on shares of CMS Energy in a research report on Monday, February 9th. Wells Fargo & Company reduced their price target on shares of 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. Finally, Mizuho lifted their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $79.38.

CMS Energy Trading Up 0.4%

CMS opened at $78.63 on Wednesday. The stock has a market capitalization of $24.22 billion, a P/E ratio of 22.28, a P/E/G ratio of 2.78 and a beta of 0.43. CMS Energy Corporation has a 12 month low of $67.71 and a 12 month high of $79.20. The firm’s fifty day simple moving average is $75.88 and its 200 day simple moving average is $73.52. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89.

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

CMS Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were paid a $0.57 dividend. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. CMS Energy’s dividend payout ratio (DPR) is currently 64.59%.

CMS Energy Company 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.