Global Retirement Partners LLC Buys Shares of 12,710 CMS Energy Corporation $CMS

Global Retirement Partners LLC acquired a new stake in CMS Energy Corporation (NYSE:CMS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,710 shares of the utilities provider’s stock, valued at approximately $972,000.

A number of other large investors have also made changes to their positions in CMS. Scarborough Advisors LLC acquired a new position in CMS Energy in the 1st quarter valued at about $31,000. Elyxium Wealth LLC acquired a new stake in shares of CMS Energy during the 4th quarter worth about $29,000. DV Equities LLC purchased a new stake in shares of CMS Energy during the fourth quarter worth about $29,000. MidFirst Bank purchased a new stake in shares of CMS Energy during the fourth quarter worth about $31,000. Finally, Quest 10 Wealth Builders Inc. raised its position in shares of CMS Energy by 653.2% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock valued at $33,000 after buying an additional 405 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CMS shares. JPMorgan Chase & Co. raised their target price on shares of CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Truist Financial reduced their price target on CMS Energy from $85.00 to $81.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Barclays lifted their price objective on CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Finally, Wells Fargo & Company set a $80.00 price target on CMS Energy in a report on Tuesday, April 21st. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.67.

CMS Energy Trading Down 0.3%

NYSE CMS opened at $71.17 on Wednesday. The company’s fifty day simple moving average is $73.87 and its 200-day simple moving average is $74.81. CMS Energy Corporation has a 52 week low of $68.64 and a 52 week high of $80.36. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. The stock has a market cap of $22.32 billion, a P/E ratio of 21.37, a PEG ratio of 2.58 and a beta of 0.35.

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

CMS Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is presently 68.47%.

Insider Activity at CMS Energy

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

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.