CMS Energy Corporation $CMS Shares Acquired by Swiss National Bank

Swiss National Bank boosted its stake in CMS Energy Corporation (NYSE:CMS) by 8.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 893,100 shares of the utilities provider’s stock after purchasing an additional 72,800 shares during the quarter. Swiss National Bank’s holdings in CMS Energy were worth $69,287,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC raised its stake in 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 during the period. Elyxium Wealth LLC purchased a new stake in shares of CMS Energy during the 4th quarter valued at $29,000. DV Equities LLC acquired a new stake in shares of CMS Energy during the 4th quarter worth $29,000. MidFirst Bank purchased a new position in shares of CMS Energy in the 4th quarter worth $31,000. Finally, Quest 10 Wealth Builders Inc. boosted its holdings in CMS Energy by 653.2% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 405 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Stock Down 0.6%

Shares of NYSE:CMS opened at $72.47 on Wednesday. The company has a market capitalization of $22.39 billion, a price-to-earnings ratio of 20.02, a price-to-earnings-growth ratio of 2.64 and a beta of 0.35. The company has a 50 day moving average of $74.11 and a two-hundred day moving average of $74.63. CMS Energy Corporation has a 52-week low of $68.64 and a 52-week high of $80.36. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80.

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

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio is presently 62.98%.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the sale, the senior vice president directly owned 67,111 shares of the company’s stock, valued at approximately $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

CMS has been the subject of a number of research reports. Truist Financial lowered their price target on CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Bank of America lifted their price objective on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of CMS Energy in a report on Friday, June 5th. Barclays boosted their target price on CMS Energy from $79.00 to $81.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, BMO Capital Markets raised their price target on shares of CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Monday. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, CMS Energy currently has an average rating of “Moderate Buy” and an average target price of $81.33.

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.