Daiichi Life Insurance Co. Ltd. Makes New $5.17 Million Investment in CMS Energy Corporation $CMS

Daiichi Life Insurance Co. Ltd. bought a new stake in CMS Energy Corporation (NYSE:CMS) in the second quarter, HoldingsChannel reports. The fund bought 67,618 shares of the utilities provider’s stock, valued at approximately $5,173,000.

Other large investors also recently modified their holdings of the company. Kilter Group LLC acquired a new stake in shares of CMS Energy during the second quarter worth about $26,000. Elyxium Wealth LLC bought a new position in shares of CMS Energy during the 4th quarter valued at about $29,000. DV Equities LLC acquired a new position in shares of CMS Energy in the 4th quarter valued at approximately $29,000. MidFirst Bank acquired a new position in shares of CMS Energy in the 4th quarter valued at approximately $31,000. Finally, Scarborough Advisors LLC bought a new stake in CMS Energy during the 1st quarter worth approximately $31,000. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Trading Down 2.0%

NYSE CMS opened at $68.41 on Friday. The stock has a market capitalization of $21.45 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 2.47 and a beta of 0.35. The stock’s 50 day moving average price is $73.65 and its two-hundred day moving average price is $74.75. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. CMS Energy Corporation has a 52 week low of $68.25 and a 52 week high of $80.36.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The business’s quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the business earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be given a $0.57 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

Analysts Set New Price Targets

Several analysts have commented on the stock. BMO Capital Markets raised their target price on shares of CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Morgan Stanley lowered their price objective on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a research report on Friday. Weiss Ratings lowered shares of CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Mizuho cut their price objective on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group set a $78.00 target price on shares of CMS Energy in a research note on Thursday, July 16th. 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 presently has a consensus rating of “Moderate Buy” and an average price target of $81.83.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy 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 sale, the senior vice president directly owned 67,111 shares in the company, valued at approximately $4,987,018.41. The trade was a 4.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.50% of the company’s stock.

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.