BMO Capital Markets Forecasts Strong Price Appreciation for CMS Energy (NYSE:CMS) Stock

CMS Energy (NYSE:CMS) had its price target raised by investment analysts at BMO Capital Markets from $81.00 to $86.00 in a research report issued on Monday, Marketbeat.com reports. The brokerage presently has an “outperform” rating on the utilities provider’s stock. BMO Capital Markets’ price target would suggest a potential upside of 16.71% from the company’s current price.

Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. boosted their target price on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Wells Fargo & Company set a $80.00 price objective on CMS Energy in a research note on Tuesday, April 21st. KeyCorp reiterated an “overweight” rating and issued a $83.00 target price on shares of CMS Energy in a research report on Monday, June 8th. Finally, Barclays lifted their price objective on CMS Energy from $79.00 to $81.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.33.

CMS Energy Price Performance

NYSE CMS opened at $73.69 on Monday. The company has a market cap of $22.76 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 2.67 and a beta of 0.35. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66. The stock’s fifty day moving average price is $74.13 and its 200 day moving average price is $74.60. CMS Energy has a 1 year low of $68.64 and a 1 year high of $80.36.

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

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares of the company’s stock, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.50% of the company’s stock.

Institutional Trading of CMS Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. iA Global Asset Management Inc. grew its holdings in CMS Energy by 2.3% during the fourth quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock worth $92,529,000 after acquiring an additional 30,000 shares during the period. Aberdeen Group plc lifted its holdings in CMS Energy by 14.5% in the fourth quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock valued at $61,363,000 after acquiring an additional 111,075 shares during the period. Vanguard Group Inc. lifted its holdings in CMS Energy by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after acquiring an additional 1,501,991 shares during the period. RIA Advisory Group LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth $974,000. Finally, Vaughan Nelson Investment Management L.P. grew its stake in shares of CMS Energy by 26.2% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 795,529 shares of the utilities provider’s stock worth $55,631,000 after purchasing an additional 164,930 shares during the period. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

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.