Oak Thistle LLC Sells 13,350 Shares of CMS Energy Corporation $CMS

Oak Thistle LLC trimmed its stake in shares of CMS Energy Corporation (NYSE:CMS) by 60.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,691 shares of the utilities provider’s stock after selling 13,350 shares during the quarter. Oak Thistle LLC’s holdings in CMS Energy were worth $637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. AlphaQuest LLC boosted its stake in shares of CMS Energy by 285.5% in the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 334 shares during the last quarter. Trust Co. of Vermont boosted its position in CMS Energy by 127.7% during the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 300 shares during the last quarter. Tobam raised its position in shares of CMS Energy by 35.0% in the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after acquiring an additional 145 shares in the last quarter. Capital A Wealth Management LLC lifted its stake in shares of CMS Energy by 2,870.0% in the 2nd quarter. Capital A Wealth Management LLC now owns 594 shares of the utilities provider’s stock valued at $41,000 after purchasing an additional 574 shares during the period. Finally, WPG Advisers LLC bought a new stake in shares of CMS Energy during the 1st quarter valued at about $47,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CMS shares. JPMorgan Chase & Co. dropped their price target on CMS Energy from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, December 13th. Morgan Stanley lifted their price target on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Finally, Barclays boosted their target price on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $78.25.

CMS Energy Price Performance

Shares of NYSE CMS opened at $69.25 on Friday. The stock has a market cap of $21.07 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 2.69 and a beta of 0.47. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.60 and a current ratio of 0.90. CMS Energy Corporation has a fifty-two week low of $63.97 and a fifty-two week high of $76.45. The firm’s 50-day simple moving average is $73.11 and its 200 day simple moving average is $72.02.

CMS Energy (NYSE:CMS) last posted its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the company earned $0.84 earnings per share. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. 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. As a group, research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

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

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the business’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 directly owned 64,259 shares in the company, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.40% of the stock is owned by insiders.

CMS Energy Company 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.