Scott Mcintosh Sells 1,750 Shares of CMS Energy (NYSE:CMS) Stock

CMS Energy Corporation (NYSE:CMS) CAO Scott Mcintosh sold 1,750 shares of the business’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 completion of the transaction, the chief accounting officer directly owned 24,223 shares in the company, valued at $1,894,238.60. This trade represents a 6.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

CMS Energy Trading Down 1.1%

Shares of CMS stock opened at $77.24 on Friday. The company has a 50 day moving average of $72.92 and a 200-day moving average of $72.62. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $78.47. The firm has a market cap of $23.67 billion, a P/E ratio of 21.88, a PEG ratio of 2.77 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 (NYSE:CMS) last posted its quarterly earnings results 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 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 firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Sell-side analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were issued a $0.57 dividend. 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. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s payout ratio is currently 64.59%.

Institutional Trading of CMS Energy

A number of institutional investors have recently made changes to their positions in CMS. Sound Income Strategies LLC raised its holdings in CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after buying an additional 157 shares during the last quarter. HM Payson & Co. increased its position in shares of CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 141 shares during the period. First Horizon Corp bought a new position in shares of CMS Energy during the third quarter valued at about $26,000. Elyxium Wealth LLC purchased a new stake in shares of CMS Energy during the fourth quarter worth about $29,000. Finally, DV Equities LLC bought a new stake in shares of CMS Energy in the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

CMS has been the topic of several research analyst reports. Wells Fargo & Company decreased their price target on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. BMO Capital Markets restated an “outperform” rating and issued a $80.00 target price (up from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Barclays lifted their target price on shares of CMS Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Finally, UBS Group reiterated a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $79.38.

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.