Atlas Wealth LLC Takes Position in CMS Energy Corporation $CMS

Atlas Wealth LLC purchased a new position in CMS Energy Corporation (NYSE:CMS) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 149,640 shares of the utilities provider’s stock, valued at approximately $11,609,000. CMS Energy accounts for 1.4% of Atlas Wealth LLC’s holdings, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Quadrant Capital Group LLC lifted its holdings in CMS Energy by 3.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock valued at $298,000 after purchasing an additional 137 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in CMS Energy by 1.5% during the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after buying an additional 143 shares during the period. Florida Financial Advisors LLC raised its holdings in CMS Energy by 4.9% during the 4th quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock worth $220,000 after buying an additional 149 shares during the period. Cim LLC lifted its stake in CMS Energy by 0.8% in the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after buying an additional 152 shares in the last quarter. Finally, Norinchukin Bank The boosted its holdings in shares of CMS Energy by 0.9% in the third quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock valued at $1,338,000 after buying an additional 156 shares during the period. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CMS. Bank of America boosted their price objective on shares of CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Morgan Stanley set a $77.00 price objective on CMS Energy in a report on Thursday, May 21st. Weiss Ratings reissued a “buy (b)” rating on shares of CMS Energy in a research note on Friday, June 5th. Jefferies Financial Group set a $78.00 target price on shares of CMS Energy in a report on Thursday. Finally, Wells Fargo & Company set a $80.00 price target on shares of CMS Energy in a research note on Tuesday, April 21st. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CMS Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.92.

Insider Buying and Selling

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. The trade was a 4.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.50% of the company’s stock.

CMS Energy Stock Down 0.9%

CMS stock opened at $73.69 on Friday. The stock has a market capitalization of $22.76 billion, a P/E ratio of 20.35, a price-to-earnings-growth ratio of 2.69 and a beta of 0.35. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. The firm has a 50-day moving average price of $74.13 and a 200-day moving average price of $74.57. CMS Energy Corporation has a 12 month low of $68.64 and a 12 month high of $80.36.

CMS Energy (NYSE:CMS) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The company’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the business posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, equities research analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 8th were given a dividend of $0.57 per share. The ex-dividend date was Friday, May 8th. This represents a $2.28 annualized dividend and a yield of 3.1%. CMS Energy’s dividend payout ratio (DPR) is currently 62.98%.

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.