OMERS ADMINISTRATION Corp Invests $1.17 Million in CMS Energy Corporation $CMS

OMERS ADMINISTRATION Corp purchased a new stake in CMS Energy Corporation (NYSE:CMS) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 15,253 shares of the utilities provider’s stock, valued at approximately $1,167,000.

Other institutional investors have also modified their holdings of the company. Quadrant Capital Group LLC lifted its holdings in CMS Energy by 3.3% in the fourth 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 last quarter. Hantz Financial Services Inc. grew its holdings in shares of CMS Energy by 1.5% during the fourth 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 last quarter. Florida Financial Advisors LLC raised its position in shares of CMS Energy by 4.9% during 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 period. Cim LLC raised its position in shares of CMS Energy by 0.8% during the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock worth $1,395,000 after purchasing an additional 152 shares during the period. Finally, Norinchukin Bank The lifted its holdings in shares of CMS Energy by 0.9% in the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock worth $1,338,000 after purchasing an additional 156 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CMS. Weiss Ratings downgraded CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. Mizuho cut their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Barclays boosted their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. BMO Capital Markets increased their price objective on shares of CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Finally, Truist Financial cut their price objective on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $81.69.

CMS Energy Trading Up 0.7%

CMS Energy stock 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 stock has a market capitalization of $21.72 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 2.49 and a beta of 0.35. The firm has a 50 day simple moving average of $73.37 and a 200-day simple 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.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.3%. CMS Energy’s dividend payout ratio is currently 68.47%.

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.