Wells Fargo & Company Issues Pessimistic Forecast for CMS Energy (NYSE:CMS) Stock Price

CMS Energy (NYSE:CMS) had its price objective decreased by research analysts at Wells Fargo & Company from $77.00 to $74.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the utilities provider’s stock. Wells Fargo & Company‘s price target suggests a potential upside of 3.23% from the company’s previous close.

Several other equities analysts have also recently issued reports on CMS. KeyCorp boosted their target price on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. JPMorgan Chase & Co. lifted their price objective on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Morgan Stanley upped their price objective on shares of CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Barclays dropped their target price on CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. Finally, UBS Group cut their price target on CMS Energy from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Eight research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $77.42.

CMS Energy Stock Performance

Shares of CMS stock opened at $71.69 on Tuesday. CMS Energy has a 52-week low of $65.10 and a 52-week high of $76.45. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84. The stock has a market cap of $21.82 billion, a PE ratio of 20.72, a price-to-earnings-growth ratio of 2.53 and a beta of 0.49. The business has a 50-day simple moving average of $71.46 and a 200-day simple moving average of $72.15.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating 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 analysts’ expectations of $1.83 billion. During the same period last year, the business earned $0.84 earnings per share. 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. On average, equities analysts expect that CMS Energy will post 3.59 EPS for the current year.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the transaction, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. This represents a 5.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CMS Energy

Several large investors have recently bought and sold shares of CMS. Vanguard Group Inc. lifted its position in shares of CMS Energy by 0.3% in the third quarter. Vanguard Group Inc. now owns 39,170,301 shares of the utilities provider’s stock valued at $2,869,616,000 after acquiring an additional 126,172 shares in the last quarter. Geode Capital Management LLC increased its position in shares of CMS Energy by 1.6% during the second quarter. Geode Capital Management LLC now owns 8,020,765 shares of the utilities provider’s stock worth $553,440,000 after purchasing an additional 130,059 shares in the last quarter. Ameriprise Financial Inc. raised its stake in CMS Energy by 2.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,900,632 shares of the utilities provider’s stock valued at $358,865,000 after purchasing an additional 128,860 shares during the last quarter. Norges Bank purchased a new position in CMS Energy in the 2nd quarter valued at $238,951,000. Finally, Reaves W H & Co. Inc. lifted its holdings in CMS Energy by 14.8% in the 3rd quarter. Reaves W H & Co. Inc. now owns 2,149,018 shares of the utilities provider’s stock valued at $157,437,000 after purchasing an additional 276,476 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

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.