Corient Private Wealth LP Purchases Shares of 163,460 CMS Energy Corporation $CMS

Corient Private Wealth LP purchased a new stake in CMS Energy Corporation (NYSE:CMS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 163,460 shares of the utilities provider’s stock, valued at approximately $12,505,000.

Other large investors also recently modified their holdings of the company. Kilter Group LLC bought a new stake in shares of CMS Energy in the 2nd quarter worth approximately $26,000. Elyxium Wealth LLC bought a new position in shares of CMS Energy during the 4th quarter valued at $29,000. DV Equities LLC bought a new position in shares of CMS Energy during the 4th quarter valued at $29,000. MidFirst Bank purchased a new position in CMS Energy in the 4th quarter worth $31,000. Finally, Scarborough Advisors LLC bought a new position in shares of CMS Energy during the first quarter valued at about $31,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Morgan Stanley lowered their target price on CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. Barclays upped their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. KeyCorp cut CMS Energy from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 23rd. Mizuho reduced their price target on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Finally, BMO Capital Markets boosted their price target on CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Monday, July 20th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $81.69.

CMS Energy Stock Down 0.2%

CMS stock opened at $68.21 on Friday. The business’s 50-day moving average is $73.16 and its two-hundred day moving average is $74.63. The company has a market cap of $21.39 billion, a price-to-earnings ratio of 20.48, a P/E/G ratio of 2.47 and a beta of 0.35. CMS Energy Corporation has a fifty-two week low of $67.90 and a fifty-two week high of $80.36. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94.

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

CMS Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be paid 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 68.47%.

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.