Rhumbline Advisers Increases Stock Holdings in CMS Energy Corporation $CMS

Rhumbline Advisers increased its holdings in CMS Energy Corporation (NYSE:CMS) by 2.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 704,213 shares of the utilities provider’s stock after purchasing an additional 13,749 shares during the quarter. Rhumbline Advisers’ holdings in CMS Energy were worth $51,591,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CMS. AE Wealth Management LLC increased its stake in shares of CMS Energy by 5.8% during the 3rd quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock worth $17,888,000 after purchasing an additional 13,481 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in CMS Energy by 379.3% during the 3rd quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock valued at $4,532,000 after buying an additional 48,954 shares during the last quarter. Venture Visionary Partners LLC increased its position in CMS Energy by 769.5% during the third quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock worth $2,016,000 after buying an additional 24,356 shares in the last quarter. Y Intercept Hong Kong Ltd increased its position in CMS Energy by 64.5% during the third quarter. Y Intercept Hong Kong Ltd now owns 76,654 shares of the utilities provider’s stock worth $5,616,000 after buying an additional 30,061 shares in the last quarter. Finally, Intact Investment Management Inc. raised its holdings in shares of CMS Energy by 9.5% in the third quarter. Intact Investment Management Inc. now owns 81,700 shares of the utilities provider’s stock worth $5,985,000 after acquiring an additional 7,100 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on CMS. JPMorgan Chase & Co. lifted their price objective on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. BMO Capital Markets reaffirmed an “outperform” rating and set a $80.00 price target (up from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. Jefferies Financial Group boosted their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Bank of America set a $82.00 target price on shares of CMS Energy in a research report on Friday, January 30th. Finally, Mizuho lifted their target price 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 analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, CMS Energy has a consensus rating of “Moderate Buy” and an average price target of $78.31.

CMS Energy Stock Up 2.6%

Shares of CMS opened at $76.71 on Friday. The firm has a market cap of $23.50 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 2.65 and a beta of 0.47. The company’s fifty day moving average is $71.04 and its two-hundred day moving average is $72.29. CMS Energy Corporation has a fifty-two week low of $67.71 and a fifty-two week high of $76.78. The company has a quick ratio of 0.60, a current ratio of 0.98 and a debt-to-equity ratio of 1.89.

CMS Energy (NYSE:CMS) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be issued a $0.57 dividend. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date is Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is 64.59%.

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.