CMS Energy (NYSE:CMS) SVP Brandon Hofmeister Sells 4,000 Shares

CMS Energy Corporation (NYSE:CMS) SVP Brandon Hofmeister sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the transaction, the senior vice president owned 70,670 shares in the company, valued at approximately $5,528,514.10. This represents a 5.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

CMS Energy Stock Down 0.2%

Shares of NYSE:CMS traded down $0.19 during trading on Monday, reaching $77.88. 936,523 shares of the company traded hands, compared to its average volume of 3,283,753. The firm has a fifty day simple moving average of $72.29 and a 200 day simple moving average of $72.47. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. CMS Energy Corporation has a 1-year low of $67.71 and a 1-year high of $78.47. The firm has a market cap of $23.86 billion, a P/E ratio of 22.06, a price-to-earnings-growth ratio of 2.77 and a beta of 0.46.

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

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were given a $0.57 dividend. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, February 17th. CMS Energy’s payout ratio is presently 64.59%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. KeyCorp increased their target price on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Monday. Jefferies Financial Group increased their price objective on CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Barclays boosted their target price on CMS Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. BMO Capital Markets reissued an “outperform” rating and issued a $80.00 price target (up from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Finally, UBS Group restated a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, CMS Energy presently has a consensus rating of “Moderate Buy” and an average target price of $79.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bison Wealth LLC acquired a new stake in CMS Energy during the fourth quarter worth about $312,000. Integrated Wealth Concepts LLC bought a new stake in shares of CMS Energy during the first quarter valued at approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of CMS Energy by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after purchasing an additional 3,367 shares in the last quarter. Empowered Funds LLC lifted its position in CMS Energy by 22.0% in the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after purchasing an additional 1,226 shares during the period. Finally, Woodline Partners LP boosted its stake in CMS Energy by 40.7% during the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after buying an additional 7,300 shares in the last quarter. 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.