CMS Energy (NYSE:CMS) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of CMS Energy (NYSE:CMS) from a sell rating to a hold rating in a research report sent to investors on Saturday.

Several other equities analysts have also issued reports on CMS. Barclays lifted their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Morgan Stanley lifted their price target on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. decreased their price objective on CMS Energy from $85.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. UBS Group dropped their price objective on CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.25.

CMS Energy Price Performance

CMS opened at $69.98 on Friday. The company has a market capitalization of $21.30 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 2.49 and a beta of 0.49. The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 1.84. CMS Energy has a 12-month low of $63.97 and a 12-month high of $76.45. The business’s fifty day simple moving average is $71.83 and its 200-day simple moving average is $72.07.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same period in the prior year, the firm earned $0.84 earnings per share. The firm’s revenue for the quarter was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. On average, equities research analysts anticipate that CMS Energy will post 3.59 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were paid a $0.5425 dividend. The ex-dividend date was Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a yield of 3.1%. CMS Energy’s dividend payout ratio (DPR) is 62.72%.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of CMS Energy during the second quarter worth $238,951,000. Qube Research & Technologies Ltd lifted its position in CMS Energy by 1,048.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock worth $101,213,000 after acquiring an additional 1,333,743 shares during the period. Soroban Capital Partners LP lifted its position in CMS Energy by 215.8% during the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock worth $99,429,000 after acquiring an additional 980,733 shares during the period. Vanguard Group Inc. grew its stake in CMS Energy by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock valued at $2,704,977,000 after purchasing an additional 702,713 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of CMS Energy by 3,585.4% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 443,054 shares of the utilities provider’s stock valued at $32,458,000 after purchasing an additional 431,032 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

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.