Vise Technologies Inc. Purchases Shares of 15,497 CMS Energy Corporation $CMS

Vise Technologies Inc. purchased a new stake in shares of CMS Energy Corporation (NYSE:CMS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 15,497 shares of the utilities provider’s stock, valued at approximately $1,185,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Scarborough Advisors LLC acquired a new stake in shares of CMS Energy in the first quarter valued at $31,000. Elyxium Wealth LLC acquired a new position in CMS Energy during the fourth quarter worth about $29,000. DV Equities LLC acquired a new position in CMS Energy during the fourth quarter worth about $29,000. Trust Co. of Vermont bought a new stake in CMS Energy in the second quarter worth about $33,000. Finally, MidFirst Bank bought a new stake in CMS Energy in the fourth quarter worth about $31,000. Institutional investors own 93.57% of the company’s stock.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the sale, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.50% of the stock is owned by corporate insiders.

CMS Energy Stock Down 2.0%

Shares of CMS Energy stock opened at $68.41 on Friday. CMS Energy Corporation has a 12-month low of $68.25 and a 12-month high of $80.36. The firm has a market capitalization of $21.45 billion, a PE ratio of 20.54, a price-to-earnings-growth ratio of 2.47 and a beta of 0.35. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. The stock’s fifty day moving average is $73.65 and its 200-day moving average is $74.75.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter last year, the business posted $0.71 EPS. CMS Energy’s revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Equities analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. CMS Energy’s payout ratio is currently 68.47%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CMS shares. Barclays raised their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. KeyCorp downgraded shares of CMS Energy from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 23rd. Mizuho dropped their target price on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. JPMorgan Chase & Co. increased their target price on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Finally, Weiss Ratings cut shares of CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.83.

CMS Energy Profile

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.