Vontobel Holding Ltd. Acquires 88,817 Shares of CMS Energy Corporation $CMS

Vontobel Holding Ltd. lifted its holdings in CMS Energy Corporation (NYSE:CMS) by 2,679.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 92,132 shares of the utilities provider’s stock after buying an additional 88,817 shares during the quarter. Vontobel Holding Ltd.’s holdings in CMS Energy were worth $5,812,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of CMS. Kestra Private Wealth Services LLC lifted its holdings in CMS Energy by 3.9% in the first quarter. Kestra Private Wealth Services LLC now owns 4,596 shares of the utilities provider’s stock worth $357,000 after acquiring an additional 174 shares during the last quarter. Lido Advisors LLC raised its position in shares of CMS Energy by 1.0% during the 1st quarter. Lido Advisors LLC now owns 18,123 shares of the utilities provider’s stock worth $1,406,000 after purchasing an additional 174 shares during the period. NewEdge Advisors LLC raised its position in shares of CMS Energy by 0.7% during the 1st quarter. NewEdge Advisors LLC now owns 26,328 shares of the utilities provider’s stock worth $2,043,000 after purchasing an additional 174 shares during the period. Kera Capital Partners Inc. lifted its holdings in shares of CMS Energy by 5.5% in the 1st quarter. Kera Capital Partners Inc. now owns 3,934 shares of the utilities provider’s stock worth $305,000 after purchasing an additional 206 shares during the last quarter. Finally, CX Institutional lifted its holdings in shares of CMS Energy by 6.7% in the 3rd quarter. CX Institutional now owns 4,146 shares of the utilities provider’s stock worth $262,000 after purchasing an additional 262 shares during the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Stock Up 2.8%

CMS opened at $68.83 on Friday. CMS Energy Corporation has a one year low of $62.28 and a one year high of $80.36. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. The stock’s fifty day moving average is $67.00 and its 200-day moving average is $72.06. The company has a market capitalization of $21.59 billion, a PE ratio of 20.67, a P/E/G ratio of 2.51 and a beta of 0.32.

CMS Energy (NYSE:CMS) last announced its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%. The business had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter last year, the business posted $0.71 earnings per share. The company’s quarterly revenue 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, equities analysts predict that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were given a $0.57 dividend. The ex-dividend date was Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. 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 report on Wednesday, July 29th. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Argus reissued a “buy” rating and issued a $80.00 price objective on shares of CMS Energy in a report on Wednesday, August 26th. Truist Financial reduced their price target on CMS Energy from $81.00 to $77.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Jefferies Financial Group decreased their price target on CMS Energy from $78.00 to $74.00 and set a “hold” rating for the company in a research note on Tuesday, September 15th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, CMS Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.38.

CMS Energy Profile

CMS Energy Corporation (NYSE: CMS) is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers across Michigan.

Consumers Energy operates and maintains an integrated energy system that includes electric generation, transmission and distribution infrastructure, as well as natural gas storage, transportation and distribution assets.