Aberdeen Group plc Buys 111,075 Shares of CMS Energy Corporation $CMS

Aberdeen Group plc increased its position in CMS Energy Corporation (NYSE:CMS) by 14.5% in the 4th quarter, HoldingsChannel reports. The fund owned 877,487 shares of the utilities provider’s stock after buying an additional 111,075 shares during the quarter. Aberdeen Group plc’s holdings in CMS Energy were worth $61,363,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HM Payson & Co. increased its stake in shares of CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 141 shares in the last quarter. First Horizon Corp bought a new position in CMS Energy in the 3rd quarter worth $26,000. Covestor Ltd raised its holdings in 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 period. Dorato Capital Management purchased a new stake in shares of CMS Energy during the fourth quarter worth about $37,000. Finally, Physician Wealth Advisors Inc. bought a new stake in CMS Energy during the 3rd quarter valued at approximately $40,000. Institutional investors own 93.57% of the company’s stock.

CMS Energy Price Performance

CMS opened at $78.56 on Friday. The firm has a market capitalization of $24.20 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 2.78 and a beta of 0.43. 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 business’s 50-day moving average is $75.61 and its two-hundred day moving average is $73.36. CMS Energy Corporation has a 1 year low of $67.71 and a 1 year high of $78.88.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same period in the previous year, the company earned $0.87 earnings per share. The business’s quarterly revenue 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. Research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

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

Insider Transactions at CMS Energy

In other news, Director John G. Russell sold 14,914 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director directly owned 131,568 shares in the company, valued at approximately $9,966,276. This represents a 10.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Diane Leopold bought 2,000 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was purchased at an average cost of $76.70 per share, with a total value of $153,400.00. Following the completion of the transaction, the director owned 2,769 shares in the company, valued at $212,382.30. This represents a 260.08% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 20,664 shares of company stock valued at $1,579,506 in the last 90 days. 0.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Mizuho increased their price objective on shares of CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Jefferies Financial Group lifted their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Barclays boosted their price target on shares of CMS Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, January 21st. Finally, Morgan Stanley set a $80.00 price target on CMS Energy in a report on Friday, February 20th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and a consensus price target of $79.38.

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.