CMS Energy Corporation $CMS Stock: Nvwm LLC Raises Position

Nvwm LLC lifted its stake in CMS Energy Corporation (NYSE:CMS) by 147,210.0% during the third quarter, Holdings Channel reports. The institutional investor owned 14,731 shares of the utilities provider’s stock after acquiring an additional 14,721 shares during the quarter. Nvwm LLC’s holdings in CMS Energy were worth $929,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GQG Partners LLC acquired a new position in CMS Energy in the second quarter valued at approximately $363,388,000. Pictet Asset Management Holding SA grew its stake in shares of CMS Energy by 16.7% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,166,815 shares of the utilities provider’s stock worth $323,262,000 after purchasing an additional 595,564 shares during the period. Magellan Asset Management Ltd acquired a new stake in shares of CMS Energy during the 2nd quarter worth approximately $194,237,000. Legal & General Group Plc purchased a new position in shares of CMS Energy during the 2nd quarter valued at approximately $189,370,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of CMS Energy by 3.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,581,115 shares of the utilities provider’s stock valued at $122,657,000 after purchasing an additional 50,475 shares in the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on CMS. Royal Bank Of Canada set a $73.00 target price on shares of CMS Energy in a research note on Tuesday, October 6th. Scotiabank reaffirmed a “sector outperform” rating and issued a $78.00 price objective on shares of CMS Energy in a report on Thursday, October 1st. Argus reiterated a “buy” rating and issued a $80.00 price objective on shares of CMS Energy in a research report on Wednesday, August 26th. Morgan Stanley decreased their price objective on shares of CMS Energy from $79.00 to $77.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. Finally, Truist Financial lowered their target price on shares of CMS Energy from $81.00 to $77.00 and set a “buy” rating on the stock in a research note on Wednesday. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $78.94.

CMS Energy Stock Up 0.7%

CMS Energy stock opened at $66.78 on Thursday. 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 stock has a market capitalization of $20.94 billion, a PE ratio of 20.05, a price-to-earnings-growth ratio of 2.42 and a beta of 0.32. The business has a 50 day simple moving average of $67.13 and a 200-day simple moving average of $72.15. CMS Energy Corporation has a 12 month low of $62.28 and a 12 month high of $80.36.

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

CMS Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

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.