Insider Selling: CMS Energy (NYSE:CMS) SVP Sells 4,000 Shares of Stock

CMS Energy Corporation (NYSE:CMS) SVP Brandon Hofmeister sold 4,000 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the sale, the senior vice president owned 70,670 shares in the company, valued at approximately $5,528,514.10. This trade represents a 5.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

CMS Energy Stock Performance

Shares of NYSE:CMS traded down $0.19 during trading on Monday, reaching $77.88. 936,523 shares of the company’s stock traded hands, compared to its average volume of 3,283,753. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The company has a 50 day moving average of $72.29 and a 200-day moving average of $72.47. CMS Energy Corporation has a 12 month low of $67.71 and a 12 month high of $78.47. The stock has a market capitalization of $23.86 billion, a P/E ratio of 22.06, a price-to-earnings-growth ratio of 2.77 and a beta of 0.46.

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

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were issued a $0.57 dividend. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. CMS Energy’s dividend payout ratio is currently 64.59%.

Wall Street Analysts Forecast Growth

CMS has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Wall Street Zen cut shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. KeyCorp boosted their price target on shares of CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Monday. Barclays increased their price objective on shares of CMS Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Finally, BMO Capital Markets reissued an “outperform” rating and set a $80.00 target price (up from $79.00) on shares of CMS Energy in a report on Monday, February 9th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $79.38.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Tobam boosted its stake in CMS Energy by 1,029.3% in the 4th quarter. Tobam now owns 11,248 shares of the utilities provider’s stock worth $787,000 after purchasing an additional 10,252 shares during the period. MidFirst Bank acquired a new stake in shares of CMS Energy in the fourth quarter worth $31,000. Pacer Advisors Inc. raised its position in CMS Energy by 39.8% during the fourth quarter. Pacer Advisors Inc. now owns 39,362 shares of the utilities provider’s stock valued at $2,753,000 after buying an additional 11,204 shares during the period. Kera Capital Partners Inc. acquired a new stake in CMS Energy during the 4th quarter worth about $267,000. Finally, Evansbrook LLC purchased a new position in CMS Energy during the 4th quarter valued at about $315,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

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.