137,580 CMS Energy Corporation $CMS Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in CMS Energy Corporation (NYSE:CMS) by 301.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 183,238 shares of the utilities provider’s stock after acquiring an additional 137,580 shares during the quarter. Yousif Capital Management LLC’s holdings in CMS Energy were worth $11,559,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. GQG Partners LLC purchased a new stake in shares of CMS Energy in the second quarter valued at $363,388,000. Pictet Asset Management Holding SA boosted its stake in shares of CMS Energy by 16.7% during the first quarter. Pictet Asset Management Holding SA now owns 4,166,815 shares of the utilities provider’s stock valued at $323,262,000 after acquiring an additional 595,564 shares during the last quarter. Magellan Asset Management Ltd purchased a new stake in CMS Energy during the 2nd quarter worth about $194,237,000. Legal & General Group Plc purchased a new stake in CMS Energy during the 2nd quarter worth about $189,370,000. Finally, Dimensional Fund Advisors LP increased its position in 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 worth $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.

CMS Energy Price Performance

CMS stock opened at $69.64 on Friday. The stock has a market capitalization of $21.84 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 2.54 and a beta of 0.32. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. CMS Energy Corporation has a 52-week low of $62.28 and a 52-week high of $80.36. The stock’s fifty day simple moving average is $66.87 and its 200-day simple moving average is $71.74.

CMS Energy (NYSE:CMS) last released its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Equities research analysts expect that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, November 6th. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CMS. Capital One Financial set a $73.00 target price on shares of CMS Energy in a research note on Tuesday, October 6th. Weiss Ratings cut shares of CMS Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Argus reiterated a “buy” rating and set a $80.00 price target on shares of CMS Energy in a report on Wednesday, August 26th. BMO Capital Markets lifted their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock an “outperform” rating in a report on Monday, October 19th. Finally, Barclays cut their price objective on shares of CMS Energy from $81.00 to $72.00 and set an “overweight” rating for the company in a research report on Friday, October 16th. Seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, CMS Energy presently has a consensus rating of “Hold” and an average price target of $77.76.

CMS Energy Profile

CMS Energy Corporation 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 throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.