NEOS Investment Management LLC Purchases 10,323 Shares of CMS Energy Corporation $CMS

NEOS Investment Management LLC boosted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 41.0% during the 3rd quarter, Holdings Channel reports. The fund owned 35,474 shares of the utilities provider’s stock after buying an additional 10,323 shares during the period. NEOS Investment Management LLC’s holdings in CMS Energy were worth $2,599,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Norges Bank purchased a new stake in shares of CMS Energy in the 2nd quarter worth approximately $238,951,000. Qube Research & Technologies Ltd raised its stake in CMS Energy by 1,048.7% in the second quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock worth $101,213,000 after buying an additional 1,333,743 shares in the last quarter. Soroban Capital Partners LP lifted its holdings in CMS Energy by 215.8% during the second quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock worth $99,429,000 after buying an additional 980,733 shares during the period. Vanguard Group Inc. boosted its position in CMS Energy by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock valued at $2,704,977,000 after acquiring an additional 702,713 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of CMS Energy by 3,585.4% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 443,054 shares of the utilities provider’s stock valued at $32,458,000 after acquiring an additional 431,032 shares during the period. Institutional investors own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

CMS has been the subject of a number of analyst reports. Williams Trading set a $80.00 price objective on CMS Energy in a research note on Monday, February 9th. UBS Group reissued a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Bank of America set a $82.00 price target on shares of CMS Energy in a report on Friday, January 30th. Barclays reduced their price objective on shares of CMS Energy from $82.00 to $74.00 and set an “overweight” rating for the company in a research note on Wednesday, January 14th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Eight equities 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 stock currently has an average rating of “Moderate Buy” and an average target price of $78.31.

CMS Energy Stock Performance

CMS opened at $75.81 on Friday. The company has a market cap of $23.23 billion, a P/E ratio of 21.48, a price-to-earnings-growth ratio of 2.66 and a beta of 0.47. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. The firm’s 50-day moving average price is $71.50 and its 200-day moving average price is $72.36. CMS Energy Corporation has a 52-week low of $67.71 and a 52-week high of $77.28.

CMS Energy (NYSE:CMS) last posted its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter last year, the company posted $0.87 earnings per share. The business’s quarterly revenue was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, equities analysts anticipate 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. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s payout ratio is presently 64.59%.

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.