CMS Energy (NYSE:CMS) Upgraded at Wall Street Zen

CMS Energy (NYSE:CMS) was upgraded by Wall Street Zen from a “strong sell” rating to a “sell” rating in a note issued to investors on Sunday.

Other research analysts have also issued reports about the stock. BMO Capital Markets lowered their target price on shares of CMS Energy from $82.00 to $81.00 and set an “outperform” rating on the stock in a research note on Thursday, June 4th. Barclays cut their target price on shares of CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. KeyCorp restated an “overweight” rating and set a $83.00 price target on shares of CMS Energy in a report on Monday, June 8th. Jefferies Financial Group downgraded CMS Energy from a “buy” rating to a “hold” rating and lowered their price target for the company from $88.00 to $74.00 in a research report on Thursday, June 4th. Finally, Wells Fargo & Company set a $80.00 price objective on CMS Energy in a research note on Tuesday, April 21st. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $80.17.

CMS Energy Stock Down 0.1%

Shares of CMS Energy stock opened at $77.62 on Friday. CMS Energy has a 12-month low of $68.63 and a 12-month high of $80.36. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80. The stock has a 50 day moving average price of $74.11 and a two-hundred day moving average price of $74.20. The stock has a market capitalization of $23.98 billion, a P/E ratio of 21.44, a PEG ratio of 2.81 and a beta of 0.35.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $1.02 earnings per share. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Equities analysts expect that CMS Energy will post 3.87 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the transaction, the senior vice president directly owned 67,111 shares in the company, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.50% of the stock is currently owned by insiders.

Institutional Trading of CMS Energy

Several hedge funds and other institutional investors have recently bought and sold shares of CMS. Sound Income Strategies LLC increased its holdings in shares of CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 157 shares during the period. Elyxium Wealth LLC bought a new stake in shares of CMS Energy in the fourth quarter valued at about $29,000. DV Equities LLC bought a new stake in shares of CMS Energy in the fourth quarter valued at about $29,000. MidFirst Bank bought a new stake in shares of CMS Energy in the fourth quarter valued at about $31,000. Finally, Scarborough Advisors LLC acquired a new stake in CMS Energy during the first quarter worth about $31,000. 93.57% of the stock is currently owned by institutional investors and hedge funds.

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.