Key Points
- CAO Scott Mcintosh sold 1,750 CMS Energy shares on March 2 at an average price of $78.20, reducing his stake by 6.74% to 24,223 shares valued at about $1.89 million.
- CMS Energy beat Q results with $0.95 EPS vs. $0.94 expected and revenue of $2.23B, set FY2026 guidance at $3.83–$3.90 EPS, and raised its quarterly dividend to $0.57 (annualized $2.28, ~3.0% yield).
- Shares traded down to $76.95 (-1.5%) midday, the company has a market cap of $23.6B, an average analyst price target of $79.38, and about 93.6% institutional ownership.
CMS Energy Corporation (NYSE:CMS - Get Free Report) CAO Scott Mcintosh sold 1,750 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $78.20, for a total transaction of $136,850.00. Following the sale, the chief accounting officer owned 24,223 shares of the company's stock, valued at approximately $1,894,238.60. The trade was a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
CMS Energy Trading Down 1.5%
Shares of CMS Energy stock traded down $1.17 during mid-day trading on Thursday, hitting $76.95. The stock had a trading volume of 303,522 shares, compared to its average volume of 3,228,175. The firm has a 50-day moving average of $72.78 and a two-hundred day moving average of $72.59. The firm has a market cap of $23.58 billion, a P/E ratio of 21.80, a price-to-earnings-growth ratio of 2.76 and a beta of 0.46. 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 12-month low of $67.71 and a 12-month high of $78.47.
CMS Energy (NYSE:CMS - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.01. The company had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The firm's revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Sell-side analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current year.
CMS Energy Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from CMS Energy's previous quarterly dividend of $0.54. CMS Energy's dividend payout ratio is 64.59%.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. UBS Group reiterated a "neutral" rating on shares of CMS Energy in a research report on Friday, February 6th. Mizuho increased their price objective on shares of CMS Energy from $73.00 to $76.00 and gave the stock a "neutral" rating in a research report on Friday, February 6th. Wall Street Zen lowered CMS Energy from a "hold" rating to a "sell" rating in a research report on Saturday, February 14th. Bank of America set a $82.00 price target on CMS Energy in a research note on Friday, January 30th. Finally, Barclays lifted their price objective on CMS Energy from $74.00 to $79.00 and gave the company an "overweight" rating in a research note on Monday, February 23rd. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $79.38.
Read Our Latest Analysis on CMS
Institutional Trading of CMS Energy
Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in CMS Energy by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider's stock worth $2,844,213,000 after purchasing an additional 1,501,991 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of CMS Energy by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 8,323,146 shares of the utilities provider's stock valued at $579,902,000 after buying an additional 183,589 shares during the period. Ameriprise Financial Inc. grew its position in shares of CMS Energy by 2.7% during the third quarter. Ameriprise Financial Inc. now owns 4,900,632 shares of the utilities provider's stock worth $358,865,000 after buying an additional 128,860 shares in the last quarter. Norges Bank purchased a new stake in shares of CMS Energy during the fourth quarter worth approximately $316,057,000. Finally, Pictet Asset Management Holding SA increased its stake in shares of CMS Energy by 70.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider's stock worth $249,738,000 after buying an additional 1,481,779 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.
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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