CMS Energy (NYSE:CMS) Price Target Cut to $82.00 by Analysts at BMO Capital Markets

CMS Energy (NYSE:CMS) had its price objective dropped by research analysts at BMO Capital Markets from $85.00 to $82.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the utilities provider’s stock. BMO Capital Markets’ price target suggests a potential upside of 12.93% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the stock. Wall Street Zen cut shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Williams Trading set a $80.00 price target on shares of CMS Energy in a research report on Monday, February 9th. JPMorgan Chase & Co. lifted their price target on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Bank of America lifted their price target on shares of CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Finally, Barclays dropped their price target on shares of CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $81.25.

CMS Energy Stock Performance

NYSE:CMS opened at $72.61 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. The company’s 50-day moving average price is $77.01 and its 200-day moving average price is $74.06. CMS Energy has a twelve month low of $67.71 and a twelve month high of $80.36. The company has a market cap of $22.43 billion, a P/E ratio of 20.06, a P/E/G ratio of 2.63 and a beta of 0.37.

CMS Energy (NYSE:CMS) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS 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 company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the previous year, the firm earned $1.02 earnings per share. CMS Energy’s quarterly revenue 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. On average, sell-side analysts forecast that CMS Energy will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Diane Leopold purchased 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was bought at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the completion of the purchase, the director directly owned 2,769 shares of the company’s stock, valued at $212,382.30. The trade was a 260.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John G. Russell sold 14,914 shares of CMS Energy stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $75.75, for a total transaction of $1,129,735.50. Following the completion of the transaction, the director owned 131,568 shares of the company’s stock, valued at $9,966,276. This represents a 10.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,664 shares of company stock worth $1,579,506 over the last three months. Insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its position in shares of CMS Energy by 5.8% during the 3rd quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock worth $17,888,000 after buying an additional 13,481 shares during the last quarter. Cidel Asset Management Inc. lifted its position in shares of CMS Energy by 7.5% during the 3rd quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock worth $25,401,000 after buying an additional 24,071 shares during the last quarter. Swiss Life Asset Management Ltd lifted its position in shares of CMS Energy by 62.2% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock worth $5,462,000 after buying an additional 28,577 shares during the last quarter. Aberdeen Group plc lifted its position in shares of CMS Energy by 14.5% during the 4th quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock worth $61,363,000 after buying an additional 111,075 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its position in shares of CMS Energy by 64.5% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 76,654 shares of the utilities provider’s stock worth $5,616,000 after buying an additional 30,061 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

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.