Insider Buying: CMS Energy (NYSE:CMS) CFO Buys $14,490.00 in Stock

CMS Energy Corporation (NYSE:CMS) CFO Srikanth Maddipati acquired 200 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were acquired at an average cost of $72.45 per share, with a total value of $14,490.00. Following the transaction, the chief financial officer owned 34,895 shares in the company, valued at approximately $2,528,142.75. The trade was a 0.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

CMS Energy Stock Performance

CMS stock traded down $0.25 during midday trading on Monday, reaching $71.74. The company had a trading volume of 951,334 shares, compared to its average volume of 3,180,490. The firm has a market capitalization of $22.50 billion, a PE ratio of 21.56, a P/E/G ratio of 2.61 and a beta of 0.35. The stock has a 50 day moving average price of $74.23 and a 200 day moving average price of $74.85. CMS Energy Corporation has a fifty-two week low of $68.64 and a fifty-two week high of $80.36. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter last year, the business posted $0.71 EPS. The business’s revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be issued a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 annualized dividend and a dividend yield of 3.2%. CMS Energy’s payout ratio is 68.47%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Bison Wealth LLC acquired a new position in shares of CMS Energy during the 4th quarter valued at $312,000. Integrated Wealth Concepts LLC bought a new position in CMS Energy during the first quarter valued at about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in CMS Energy by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after acquiring an additional 3,367 shares during the period. Empowered Funds LLC grew its holdings in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after acquiring an additional 1,226 shares during the period. Finally, Woodline Partners LP raised its position in CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after acquiring an additional 7,300 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on CMS. Barclays boosted their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Bank of America lifted their price target on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Morgan Stanley set a $77.00 price objective on CMS Energy in a research report on Thursday, May 21st. Wall Street Zen upgraded CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. Finally, Jefferies Financial Group set a $78.00 target price on CMS Energy in a research note on Thursday, July 16th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CMS Energy has an average rating of “Moderate Buy” and an average price target of $81.83.

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.