Wall Street Zen Upgrades CMS Energy (NYSE:CMS) to “Hold”

CMS Energy (NYSE:CMS) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Other research analysts also recently issued reports about the company. KeyCorp increased their price objective on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Barclays boosted their price target on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. UBS Group lowered their target price on CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Finally, Morgan Stanley increased their price target on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $78.25.

CMS Energy Stock Up 0.2%

CMS opened at $69.98 on Friday. The company has a market cap of $21.30 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 2.48 and a beta of 0.49. CMS Energy has a twelve month low of $63.97 and a twelve month high of $76.45. The company has a 50-day moving average price of $71.83 and a 200 day moving average price of $72.05. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same period in the previous year, the business earned $0.84 EPS. CMS Energy’s quarterly revenue was up 15.9% on a year-over-year basis. 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. Sell-side analysts expect that CMS Energy will post 3.59 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction that occurred on 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 transaction, the senior vice president directly owned 64,259 shares in the company, valued at approximately $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On CMS Energy

Several large investors have recently modified their holdings of CMS. HM Payson & Co. increased its position in shares of CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares during the last quarter. First Horizon Corp purchased a new position in CMS Energy during the third quarter worth about $26,000. Covestor Ltd increased its position in shares of CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 145 shares during the last quarter. Trust Co. of Vermont raised its stake in shares of CMS Energy by 127.7% in the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 300 shares during the period. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of CMS Energy in the 3rd quarter valued at approximately $40,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

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.