Commerce Bank Invests $650,000 in CMS Energy Corporation $CMS

Commerce Bank purchased a new stake in CMS Energy Corporation (NYSE:CMS) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 8,499 shares of the utilities provider’s stock, valued at approximately $650,000.

A number of other institutional investors have also recently modified their holdings of CMS. GQG Partners LLC acquired a new position in CMS Energy during the second quarter worth $363,388,000. Norges Bank acquired a new stake in CMS Energy in the fourth quarter valued at $316,057,000. Magellan Asset Management Ltd lifted its holdings in CMS Energy by 698.7% in the first quarter. Magellan Asset Management Ltd now owns 2,019,954 shares of the utilities provider’s stock valued at $156,708,000 after acquiring an additional 1,767,059 shares during the period. Vanguard Group Inc. boosted its position in shares of CMS Energy by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock worth $2,844,213,000 after purchasing an additional 1,501,991 shares in the last quarter. Finally, Parnassus Investments LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth $102,983,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Weiss Ratings cut shares of CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Barclays upped their target price on shares of CMS Energy from $79.00 to $81.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Morgan Stanley dropped their target price on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Finally, Mizuho reduced their price target on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CMS Energy presently has an average rating of “Moderate Buy” and a consensus price target of $81.69.

CMS Energy Stock Up 0.7%

CMS opened at $69.25 on Thursday. CMS Energy Corporation has a 12 month low of $67.90 and a 12 month high of $80.36. The business has a 50-day moving average of $73.37 and a two-hundred day moving average of $74.71. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The stock has a market capitalization of $21.72 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 2.49 and a beta of 0.35.

CMS Energy (NYSE:CMS) last announced 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 for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the business earned $0.71 EPS. CMS Energy’s revenue for the quarter was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, research analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s payout ratio is currently 68.47%.

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.