CMS Energy (NYSE:CMS) Director Diane Leopold Purchases 2,000 Shares

CMS Energy Corporation (NYSE:CMS) Director Diane Leopold acquired 2,000 shares of the stock in a transaction dated Wednesday, February 25th. The stock was bought at an average cost of $76.70 per share, with a total value of $153,400.00. Following the completion of the purchase, the director owned 2,769 shares of the company’s stock, valued at approximately $212,382.30. The trade was a 260.08% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CMS Energy Stock Up 1.2%

CMS traded up $0.91 during mid-day trading on Friday, reaching $77.96. 1,320,090 shares of the stock were exchanged, compared to its average volume of 3,257,829. CMS Energy Corporation has a 1 year low of $67.71 and a 1 year high of $78.31. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98. The stock has a market capitalization of $23.89 billion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 2.72 and a beta of 0.47. The company has a 50 day moving average price of $72.12 and a two-hundred day moving average price of $72.44.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.CMS Energy’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the company posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, research analysts anticipate that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, February 17th. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s dividend payout ratio is currently 64.59%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Morgan Stanley set a $80.00 price target on shares of CMS Energy in a report on Friday, February 20th. Barclays upped their price objective on CMS Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a report on Monday. Bank of America set a $82.00 price objective on CMS Energy in a report on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, January 21st. Finally, Mizuho lifted their price target on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $79.08.

Institutional Investors Weigh In On CMS Energy

A number of large investors have recently modified their holdings of CMS. Sound Income Strategies LLC grew its holdings in shares of CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 157 shares during the period. HM Payson & Co. boosted its position in shares of CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 141 shares in the last quarter. First Horizon Corp bought a new stake in shares of CMS Energy during the third quarter valued at approximately $26,000. Elyxium Wealth LLC purchased a new stake in CMS Energy in the fourth quarter worth $29,000. Finally, DV Equities LLC bought a new position in CMS Energy in the fourth quarter worth $29,000. Institutional investors 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.