Commerce Bank Makes New $650,000 Investment in CMS Energy Corporation $CMS

Commerce Bank bought a new stake in CMS Energy Corporation (NYSE:CMS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,499 shares of the utilities provider’s stock, valued at approximately $650,000.

Several other large investors have also modified their holdings of the business. Quadrant Capital Group LLC raised its holdings in CMS Energy by 3.3% in the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock valued at $298,000 after buying an additional 137 shares during the period. Hantz Financial Services Inc. boosted its stake in CMS Energy by 1.5% during the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after buying an additional 143 shares during the period. Florida Financial Advisors LLC increased its position in shares of CMS Energy by 4.9% during the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock valued at $220,000 after acquiring an additional 149 shares during the last quarter. Cim LLC increased its position in shares of CMS Energy by 0.8% during the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after acquiring an additional 152 shares during the last quarter. Finally, Norinchukin Bank The raised its stake in shares of CMS Energy by 0.9% in the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock valued at $1,338,000 after acquiring an additional 156 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Stock Performance

NYSE:CMS opened at $69.25 on Thursday. CMS Energy Corporation has a 12 month low of $67.90 and a 12 month high of $80.36. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The firm has a market capitalization of $21.72 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 2.49 and a beta of 0.35. The business’s fifty day moving average price is $73.37 and its 200 day moving average price is $74.71.

CMS Energy (NYSE:CMS) last announced its quarterly 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 company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The firm’s revenue was down .5% on a year-over-year basis. 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. On average, sell-side analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The business 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. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. CMS Energy’s payout ratio is presently 68.47%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CMS. Truist Financial lowered their price objective on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. UBS Group restated a “neutral” rating and set a $84.00 price target on shares of CMS Energy in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Finally, Morgan Stanley dropped their price objective on CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $81.69.

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.