RIA Advisory Group LLC Takes Position in CMS Energy Corporation $CMS

RIA Advisory Group LLC purchased a new stake in CMS Energy Corporation (NYSE:CMS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 13,922 shares of the utilities provider’s stock, valued at approximately $974,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of CMS Energy by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after buying an additional 1,501,991 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of CMS Energy by 2.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,900,632 shares of the utilities provider’s stock valued at $358,865,000 after buying an additional 128,860 shares during the period. Pictet Asset Management Holding SA grew its holdings in shares of CMS Energy by 70.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider’s stock valued at $249,738,000 after buying an additional 1,481,779 shares during the period. Reaves W H & Co. Inc. grew its holdings in shares of CMS Energy by 14.8% in the 3rd quarter. Reaves W H & Co. Inc. now owns 2,149,018 shares of the utilities provider’s stock valued at $157,437,000 after buying an additional 276,476 shares during the period. Finally, Qube Research & Technologies Ltd grew its holdings in shares of CMS Energy by 24.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,824,470 shares of the utilities provider’s stock valued at $133,661,000 after buying an additional 363,546 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Price Performance

Shares of NYSE CMS opened at $76.06 on Friday. The firm has a market cap of $23.50 billion, a PE ratio of 21.01, a PEG ratio of 2.75 and a beta of 0.37. The company has a current ratio of 0.84, a quick ratio of 0.76 and a debt-to-equity ratio of 1.80. CMS Energy Corporation has a 1-year low of $67.71 and a 1-year high of $80.36. The company has a fifty day moving average price of $77.13 and a 200 day moving average price of $74.07.

CMS Energy (NYSE:CMS) last announced its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.02. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the business earned $1.02 EPS. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Research analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 8th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $2.28 annualized dividend and a yield of 3.0%. CMS Energy’s payout ratio is 62.98%.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, Director Diane Leopold purchased 2,000 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were purchased at an average cost of $76.70 per share, with a total value of $153,400.00. Following the transaction, the director directly owned 2,769 shares of the company’s stock, valued at $212,382.30. This represents a 260.08% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the business’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 sale, the senior vice president directly owned 70,670 shares in the company, valued at $5,528,514.10. This trade represents a 5.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 20,664 shares of company stock valued at $1,579,506. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Mizuho boosted their price target on shares of CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Barclays reduced their target price on shares of CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday. KeyCorp upped their target price on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. BMO Capital Markets reduced their target price on shares of CMS Energy from $86.00 to $85.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Finally, Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $81.50.

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.