CMS Energy Corporation $CMS Stock Position Lifted by Mattern Capital Management LLC

Mattern Capital Management LLC lifted its stake in CMS Energy Corporation (NYSE:CMS) by 32.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 159,660 shares of the utilities provider’s stock after purchasing an additional 38,952 shares during the period. CMS Energy accounts for about 1.5% of Mattern Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding. Mattern Capital Management LLC’s holdings in CMS Energy were worth $12,386,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Bison Wealth LLC bought a new position in CMS Energy in the fourth quarter worth about $312,000. Integrated Wealth Concepts LLC purchased a new stake in CMS Energy in the first quarter worth $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in CMS Energy by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after purchasing an additional 3,367 shares in the last quarter. Empowered Funds LLC lifted its position in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after buying an additional 1,226 shares during the period. Finally, Woodline Partners LP boosted its holdings in shares of CMS Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after buying an additional 7,300 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

CMS has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of CMS Energy from $86.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Truist Financial decreased their price objective on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a report on Monday, May 18th. Morgan Stanley set a $77.00 target price on shares of CMS Energy in a report on Thursday, May 21st. Barclays lowered their price target on CMS Energy from $81.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Finally, BMO Capital Markets cut their price objective on CMS Energy from $82.00 to $81.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $80.17.

Insider Buying and Selling

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

CMS Energy Stock Up 0.5%

Shares of CMS stock opened at $75.76 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. CMS Energy Corporation has a 12 month low of $68.64 and a 12 month high of $80.36. The stock has a market cap of $23.40 billion, a P/E ratio of 20.93, a P/E/G ratio of 2.73 and a beta of 0.35. The company has a 50 day simple moving average of $74.10 and a two-hundred day simple moving average of $74.48.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.02. The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The company’s revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, research analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were given a $0.57 dividend. The ex-dividend date was Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. CMS Energy’s dividend payout ratio is presently 62.98%.

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.