Benjamin Edwards Inc. Purchases 48,954 Shares of CMS Energy Corporation $CMS

Benjamin Edwards Inc. boosted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 379.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 61,861 shares of the utilities provider’s stock after acquiring an additional 48,954 shares during the quarter. Benjamin Edwards Inc.’s holdings in CMS Energy were worth $4,532,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. HM Payson & Co. boosted its position in CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 141 shares in the last quarter. Trust Co. of Vermont grew its stake in shares of CMS Energy by 127.7% during the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 300 shares during the last quarter. Tobam increased its stake in CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 145 shares in the last quarter. Capital A Wealth Management LLC increased its position in shares of CMS Energy by 2,870.0% in the 2nd quarter. Capital A Wealth Management LLC now owns 594 shares of the utilities provider’s stock valued at $41,000 after acquiring an additional 574 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of CMS Energy in the second quarter valued at about $53,000. 93.57% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CMS has been the topic of a number of research reports. Barclays increased their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Wells Fargo & Company raised CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. KeyCorp lifted their price objective on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. UBS Group lowered their target price on shares of CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Finally, Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $78.25.

CMS Energy Price Performance

Shares of NYSE CMS opened at $69.98 on Friday. The stock’s 50-day moving average is $71.83 and its two-hundred day moving average is $72.05. The company has a market cap of $21.30 billion, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 2.48 and a beta of 0.49. CMS Energy Corporation has a 1-year low of $63.97 and a 1-year high of $76.45. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.90 and a quick ratio of 0.60.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The company’s revenue was up 15.9% on a year-over-year basis. During the same period last year, the business earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. Analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were issued a dividend of $0.5425 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a yield of 3.1%. CMS Energy’s dividend payout ratio (DPR) is presently 62.72%.

Insider Buying and Selling

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the completion of the sale, the senior vice president directly owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is owned by corporate insiders.

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.