8,029 Shares in CMS Energy Corporation $CMS Acquired by Foster & Motley Inc.

Foster & Motley Inc. acquired a new position in shares of CMS Energy Corporation (NYSE:CMS) in the second quarter, HoldingsChannel.com reports. The firm acquired 8,029 shares of the utilities provider’s stock, valued at approximately $614,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC increased its holdings in shares of CMS Energy by 3.3% in the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock worth $298,000 after acquiring an additional 137 shares during the period. Hantz Financial Services Inc. boosted its stake 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 valued at $662,000 after purchasing an additional 143 shares during the period. Florida Financial Advisors LLC grew its position in CMS Energy by 4.9% in the 4th quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock worth $220,000 after purchasing an additional 149 shares during the last quarter. Cim LLC increased its stake in shares of 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 purchasing an additional 152 shares during the period. Finally, Norinchukin Bank The increased its stake 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 purchasing an additional 156 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Price Performance

NYSE:CMS opened at $70.63 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. The business’s 50-day moving average price is $73.82 and its 200 day moving average price is $74.81. CMS Energy Corporation has a 52-week low of $68.64 and a 52-week high of $80.36. The firm has a market cap of $22.15 billion, a P/E ratio of 21.21, a PEG ratio of 2.57 and a beta of 0.35.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the prior year, the company earned $0.71 EPS. CMS Energy’s revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, sell-side analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 annualized dividend and a dividend yield of 3.2%. CMS Energy’s dividend payout ratio is currently 68.47%.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction on 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 represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

CMS has been the subject of several analyst reports. UBS Group reiterated a “neutral” rating and set a $84.00 price objective on shares of CMS Energy in a research report on Wednesday, July 29th. KeyCorp downgraded CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. Jefferies Financial Group set a $78.00 price target on CMS Energy in a research report on Thursday, July 16th. BMO Capital Markets raised their price target on CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Monday, July 20th. Finally, Morgan Stanley set a $77.00 price objective on shares of CMS Energy in a report on Thursday, May 21st. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $81.67.

About CMS Energy

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.