Rhumbline Advisers Raises Stock Holdings in CMS Energy Corporation $CMS

Rhumbline Advisers lifted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 704,213 shares of the utilities provider’s stock after acquiring an additional 13,749 shares during the period. Rhumbline Advisers owned 0.23% of CMS Energy worth $51,591,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. HM Payson & Co. boosted its stake in CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares during the period. First Horizon Corp purchased a new stake in shares of CMS Energy in the third quarter valued at about $26,000. Covestor Ltd raised its holdings in shares of CMS Energy by 52.0% in the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after buying an additional 145 shares during the last quarter. Tobam boosted its stake in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after buying an additional 145 shares during the period. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of CMS Energy during the third quarter worth about $40,000. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Price Performance

Shares of NYSE CMS opened at $76.71 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.60 and a current ratio of 0.98. CMS Energy Corporation has a one year low of $67.71 and a one year high of $76.78. The firm has a market capitalization of $23.50 billion, a P/E ratio of 21.73, a PEG ratio of 2.65 and a beta of 0.47. The company’s fifty day moving average is $71.04 and its two-hundred day moving average is $72.29.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.94 by $0.01. The firm had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.57 per share. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio is presently 64.59%.

Analyst Ratings Changes

A number of analysts have weighed in on CMS shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $80.00 price objective (up from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Wells Fargo & Company cut their price target on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Barclays lowered their price objective on shares of CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Finally, Wall Street Zen downgraded shares of CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $78.31.

CMS Energy Company 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.