Meeder Advisory Services Inc. Buys New Stake in CMS Energy Corporation $CMS

Meeder Advisory Services Inc. purchased a new stake in CMS Energy Corporation (NYSE:CMS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,916 shares of the utilities provider’s stock, valued at approximately $1,600,000.

Other institutional investors also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new position in shares of CMS Energy during the 4th quarter worth about $29,000. DV Equities LLC purchased a new position in shares of CMS Energy in the 4th quarter valued at about $29,000. MidFirst Bank acquired a new stake in shares of CMS Energy during the 4th quarter worth about $31,000. Scarborough Advisors LLC acquired a new stake in shares of CMS Energy during the 1st quarter worth about $31,000. Finally, Quest 10 Wealth Builders Inc. lifted its stake in CMS Energy by 653.2% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 405 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Stock Down 0.6%

Shares of NYSE CMS opened at $70.63 on Thursday. The stock has a market cap of $22.15 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 2.57 and a beta of 0.35. 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 $68.64 and a 52-week high of $80.36. The business has a 50-day moving average price of $73.82 and a 200 day moving average price of $74.81.

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

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s payout ratio is presently 68.47%.

Wall Street Analyst Weigh In

CMS has been the subject of a number of research analyst reports. BMO Capital Markets upped their price target on CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Monday, July 20th. JPMorgan Chase & Co. raised their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Barclays boosted their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. KeyCorp cut shares of CMS Energy from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 23rd. Finally, UBS Group reaffirmed a “neutral” rating and issued a $84.00 target price on shares of CMS Energy in a research report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $81.67.

Insider Buying and Selling

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the sale, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.50% of the stock is currently owned by company insiders.

CMS Energy 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.