Reaves W H & Co. Inc. Grows Holdings in CMS Energy Corporation $CMS

Reaves W H & Co. Inc. lifted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 14.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,149,018 shares of the utilities provider’s stock after acquiring an additional 276,476 shares during the quarter. CMS Energy accounts for about 2.8% of Reaves W H & Co. Inc.’s investment portfolio, making the stock its 13th biggest position. Reaves W H & Co. Inc. owned approximately 0.71% of CMS Energy worth $157,437,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in CMS Energy by 1.8% in the second quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock valued at $2,704,977,000 after acquiring an additional 702,713 shares in the last quarter. Geode Capital Management LLC raised its stake in 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 valued at $553,440,000 after buying an additional 130,059 shares in the last quarter. Norges Bank bought a new stake in shares of CMS Energy in the 2nd quarter valued at approximately $238,951,000. Charles Schwab Investment Management Inc. lifted its stake in CMS Energy by 1.2% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,925,841 shares of the utilities provider’s stock worth $133,422,000 after purchasing an additional 22,994 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in shares of CMS Energy by 1,048.7% during the second quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock worth $101,213,000 after purchasing an additional 1,333,743 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Stock Down 0.0%

NYSE CMS opened at $72.82 on Tuesday. The company has a market capitalization of $22.16 billion, a P/E ratio of 20.63, a PEG ratio of 2.59 and a beta of 0.47. CMS Energy Corporation has a 12 month low of $67.71 and a 12 month high of $76.45. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.34 and a quick ratio of 0.60. The company’s 50 day simple moving average is $70.80 and its 200 day simple moving average is $72.21.

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

CMS Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be issued a $0.57 dividend. The ex-dividend date is Tuesday, February 17th. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. CMS Energy’s dividend payout ratio is 61.47%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CMS shares. Wells Fargo & Company cut their target price on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $80.00 price objective (up previously from $79.00) on shares of CMS Energy in a report on Monday. Williams Trading set a $80.00 price target on shares of CMS Energy in a research note on Monday. KeyCorp lifted their target price on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, Wolfe Research set a $82.00 target price on shares of CMS Energy in a research report on Friday, January 30th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, CMS Energy has an average rating of “Moderate Buy” and an average target price of $78.43.

CMS Energy 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.