CMS Energy Corporation $CMS Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 143.1% during the 2nd quarter, Holdings Channel reports. The firm owned 1,191,547 shares of the utilities provider’s stock after buying an additional 701,353 shares during the period. Hsbc Holdings PLC’s holdings in CMS Energy were worth $91,344,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kilter Group LLC purchased a new position in CMS Energy in the second quarter worth approximately $26,000. Scarborough Advisors LLC purchased a new stake in CMS Energy in the first quarter valued at $31,000. Elyxium Wealth LLC acquired a new stake in shares of CMS Energy in the 4th quarter valued at about $29,000. DV Equities LLC acquired a new stake in shares of CMS Energy in the fourth quarter valued at approximately $29,000. Finally, Trust Co. of Vermont acquired a new stake in CMS Energy during the 2nd quarter worth $33,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CMS. Mizuho decreased their price objective on CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Truist Financial decreased their price objective on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. KeyCorp lowered CMS Energy from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 23rd. Morgan Stanley lowered their price target on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Finally, Argus reiterated a “buy” rating and set a $80.00 price objective on shares of CMS Energy in a research report on Wednesday, August 26th. Seven investment 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, CMS Energy has a consensus rating of “Moderate Buy” and an average price target of $81.69.

CMS Energy Stock Performance

NYSE:CMS opened at $68.41 on Monday. The firm’s fifty day simple moving average is $72.34 and its 200 day simple moving average is $74.40. The firm has a market capitalization of $21.45 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 2.50 and a beta of 0.34. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. CMS Energy Corporation has a twelve month low of $67.19 and a twelve month high of $80.36.

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

CMS Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, August 7th. CMS Energy’s dividend payout ratio is 68.47%.

About CMS Energy

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.