Key Points
- Insider sale: SVP Brandon Hofmeister sold 4,000 shares at an average price of $78.23 on Feb. 27 for $312,920, reducing his direct stake to 70,670 shares (a 5.36% ownership decrease).
- Dividend increase: CMS raised its quarterly dividend to $0.57 (from $0.54), paid Feb. 27, which annualizes to $2.28 and yields about 2.9% with a payout ratio of ~64.6%.
- Earnings & guidance: Quarterly EPS of $0.95 beat estimates and revenue rose 12.3% to $2.23B, and the company set FY2026 guidance of $3.830–3.900 EPS versus a sell-side consensus near 3.59.
CMS Energy Corporation (NYSE:CMS - Get Free Report) SVP Brandon Hofmeister sold 4,000 shares of the company's stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the sale, the senior vice president directly owned 70,670 shares in the company, valued at $5,528,514.10. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
CMS Energy Trading Up 0.1%
Shares of NYSE CMS opened at $78.13 on Tuesday. CMS Energy Corporation has a 1 year low of $67.71 and a 1 year high of $78.47. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The firm has a 50-day moving average of $72.46 and a 200 day moving average of $72.51. The stock has a market cap of $23.94 billion, a P/E ratio of 22.13, a price-to-earnings-growth ratio of 2.77 and a beta of 0.46.
CMS Energy (NYSE:CMS - Get Free Report) last announced its earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter last year, the firm earned $0.87 earnings per share. The business's revenue for the quarter was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, sell-side analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.
CMS Energy Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.57 per share. The ex-dividend date was Tuesday, February 17th. This is a positive change from CMS Energy's previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. CMS Energy's dividend payout ratio (DPR) is presently 64.59%.
Hedge Funds Weigh In On CMS Energy
Several hedge funds and other institutional investors have recently bought and sold shares of CMS. AE Wealth Management LLC grew its position in CMS Energy by 5.8% in the 3rd quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider's stock valued at $17,888,000 after acquiring an additional 13,481 shares during the last quarter. Cidel Asset Management Inc. boosted its stake in shares of CMS Energy by 7.5% during the third quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider's stock valued at $25,401,000 after purchasing an additional 24,071 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of CMS Energy by 379.3% during the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider's stock valued at $4,532,000 after purchasing an additional 48,954 shares during the period. Venture Visionary Partners LLC grew its holdings in shares of CMS Energy by 769.5% in the third quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider's stock worth $2,016,000 after purchasing an additional 24,356 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd increased its stake in CMS Energy by 64.5% in the 3rd 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 during the period. Institutional investors own 93.57% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on CMS. Bank of America set a $82.00 target price on CMS Energy in a research note on Friday, January 30th. Wall Street Zen downgraded shares of CMS Energy from a "hold" rating to a "sell" rating in a research report on Saturday, February 14th. Weiss Ratings restated a "buy (b-)" rating on shares of CMS Energy in a research note on Wednesday, January 21st. JPMorgan Chase & Co. lifted their target price on shares of CMS Energy from $80.00 to $81.00 and gave the stock an "overweight" rating in a report on Thursday, January 15th. Finally, Morgan Stanley set a $80.00 price target on shares of CMS Energy in a report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $79.38.
Check Out Our Latest Stock Analysis on CMS Energy
About CMS Energy
(
Get Free Report)
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.
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