Srikanth Maddipati Acquires 200 Shares of CMS Energy (NYSE:CMS) Stock

CMS Energy Corporation (NYSE:CMSGet Free Report) CFO Srikanth Maddipati bought 200 shares of CMS Energy stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of $72.45 per share, with a total value of $14,490.00. Following the acquisition, the chief financial officer owned 34,895 shares in the company, valued at approximately $2,528,142.75. This represents a 0.58% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

CMS Energy Stock Up 0.1%

CMS stock opened at $71.80 on Wednesday. The stock has a market capitalization of $22.51 billion, a P/E ratio of 21.56, a P/E/G ratio of 2.60 and a beta of 0.35. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. CMS Energy Corporation has a 1-year low of $68.64 and a 1-year high of $80.36. The business has a fifty day moving average price of $74.12 and a 200-day moving average price of $74.86.

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

CMS Energy Dividend Announcement

The business 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. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CMS. Mizuho decreased their price objective on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. UBS Group reaffirmed a “neutral” rating and issued a $84.00 target price on shares of CMS Energy in a research report on Wednesday, July 29th. Truist Financial decreased their target price on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating for the company in a research note on Tuesday. Barclays increased their price target on CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Morgan Stanley set a $77.00 price objective on CMS Energy in a report on Thursday, May 21st. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $81.67.

Get Our Latest Stock Report on CMS Energy

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. iA Global Asset Management Inc. raised its stake in shares of CMS Energy by 2.3% in 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 buying an additional 30,000 shares during the period. Vanguard Group Inc. lifted its position in shares of CMS Energy by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after buying an additional 1,501,991 shares in the last quarter. RIA Advisory Group LLC bought a new position in shares of CMS Energy during the 4th quarter valued at approximately $974,000. Capital Innovations LLC bought a new position in shares of CMS Energy during the 4th quarter valued at approximately $1,652,000. Finally, US Bancorp DE increased its holdings in CMS Energy by 64.9% in the 4th quarter. US Bancorp DE now owns 365,442 shares of the utilities provider’s stock worth $25,555,000 after acquiring an additional 143,881 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for CMS Energy (NYSE:CMS)

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