Energy Income Partners LLC Buys New Position in CMS Energy Corporation $CMS

Energy Income Partners LLC bought a new position in CMS Energy Corporation (NYSE:CMS) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 702,074 shares of the utilities provider’s stock, valued at approximately $53,709,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Quadrant Capital Group LLC increased its stake 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 valued at $298,000 after acquiring an additional 137 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in CMS Energy by 1.5% in the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after purchasing an additional 143 shares during the period. Florida Financial Advisors LLC increased its stake in CMS Energy by 4.9% in the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock valued at $220,000 after purchasing an additional 149 shares in the last quarter. Cim LLC raised its holdings in shares of CMS Energy by 0.8% during 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 raised its holdings in shares of CMS Energy by 0.9% during 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 currently owned by institutional investors.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.50% of the company’s stock.

CMS Energy Trading Down 0.3%

NYSE:CMS opened at $71.17 on Wednesday. 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 firm has a 50-day moving average of $73.87 and a 200-day moving average of $74.81. The company has a market cap of $22.32 billion, a PE ratio of 21.37, a PEG ratio of 2.58 and a beta of 0.35. CMS Energy Corporation has a one year low of $68.64 and a one year high of $80.36.

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 the consensus estimate of $0.36 by $0.01. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, equities research analysts expect that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

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 3.2%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio is presently 68.47%.

Wall Street Analysts Forecast Growth

CMS has been the subject of several research reports. Mizuho reduced their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Weiss Ratings lowered CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. KeyCorp cut CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. Finally, Morgan Stanley set a $77.00 price objective on CMS Energy in a report on Thursday, May 21st. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, CMS Energy has a consensus rating of “Moderate Buy” and an average target price of $81.67.

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.