Insider Buying: CMS Energy (NYSE:CMS) CFO Buys $14,490.00 in Stock

CMS Energy Corporation (NYSE:CMS) CFO Srikanth Maddipati acquired 200 shares of CMS Energy stock in a transaction dated Friday, July 31st. The shares were bought at an average price of $72.45 per share, for a total transaction of $14,490.00. Following the transaction, the chief financial officer owned 34,895 shares of the company’s stock, valued at approximately $2,528,142.75. The trade was a 0.58% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $71.59 on Thursday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. The firm has a fifty day moving average price of $74.06 and a 200 day moving average price of $74.87. CMS Energy Corporation has a fifty-two week low of $68.64 and a fifty-two week high of $80.36. The firm has a market cap of $22.45 billion, a price-to-earnings ratio of 21.50, a P/E/G ratio of 2.60 and a beta of 0.35.

CMS Energy (NYSE:CMS) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share 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 analysts’ expectations of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. CMS Energy’s quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the company posted $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, sell-side analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

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

Institutional Trading of CMS Energy

Several institutional investors and hedge funds have recently made changes to their positions in CMS. Sound Income Strategies LLC grew its stake in CMS Energy by 84.4% in the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 157 shares in the last quarter. Elyxium Wealth LLC purchased a new position in CMS Energy during the 4th quarter worth $29,000. DV Equities LLC purchased a new position in CMS Energy during the 4th quarter worth $29,000. MidFirst Bank bought a new stake in CMS Energy during the 4th quarter valued at $31,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of CMS Energy in the 1st quarter worth $31,000. 93.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Truist Financial dropped their price target on CMS Energy from $85.00 to $81.00 and set a “buy” rating for the company in a research note on Tuesday. Bank of America lifted their price objective on CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Jefferies Financial Group set a $78.00 target price on CMS Energy in a research report on Thursday, July 16th. BMO Capital Markets boosted their price target on shares of CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Finally, Barclays upped their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CMS Energy presently has an average rating of “Moderate Buy” and a consensus target price of $81.67.

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.