CMS Energy (NYSE:CMS) SVP Lauren Snyder Sells 2,220 Shares

Key Points

• SVP Lauren Snyder sold 2,220 shares of CMS Energy stock for approximately $158,197, representing a 14.11% decrease in her holdings.
• CMS Energy reported $0.71 EPS in its recent earnings, exceeding estimates, with revenue up 14.4% year-over-year, and set a FY 2025 EPS guidance of 3.540-3.600.
• The company recently announced a quarterly dividend of $0.5425 per share, translating to a dividend yield of 3.1% and a payout ratio of 64.20%.

CMS Energy Corporation (NYSE:CMS - Get Free Report) SVP Lauren Snyder sold 2,220 shares of CMS Energy stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction of $158,197.20. Following the completion of the transaction, the senior vice president owned 13,512 shares in the company, valued at approximately $962,865.12. This trade represents a 14.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

CMS Energy Stock Down 1.2%

Shares of NYSE:CMS traded down $0.86 during midday trading on Monday, hitting $70.69. 1,699,137 shares of the company's stock traded hands, compared to its average volume of 2,439,588. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.77 and a current ratio of 1.00. The company has a market cap of $21.16 billion, a PE ratio of 20.91, a P/E/G ratio of 2.66 and a beta of 0.39. The firm's fifty day moving average price is $71.97 and its two-hundred day moving average price is $71.82. CMS Energy Corporation has a twelve month low of $63.97 and a twelve month high of $76.45.

CMS Energy (NYSE:CMS - Get Free Report) last released its earnings results on Thursday, July 31st. The utilities provider reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.04. The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.68 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The company's revenue was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.66 EPS. CMS Energy has set its FY 2025 guidance at 3.540-3.600 EPS. On average, equities research analysts anticipate that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 8th were given a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, August 8th. CMS Energy's dividend payout ratio is currently 64.20%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CMS. Wolfe Research reaffirmed a "peer perform" rating on shares of CMS Energy in a research note on Monday, July 7th. Morgan Stanley reissued an "outperform" rating on shares of CMS Energy in a research note on Thursday, August 21st. Wall Street Zen lowered shares of CMS Energy from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Finally, Barclays increased their target price on shares of CMS Energy from $77.00 to $78.00 and gave the company an "overweight" rating in a research note on Tuesday, July 22nd. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $77.25.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Sigma Planning Corp grew its position in shares of CMS Energy by 0.4% during the 1st quarter. Sigma Planning Corp now owns 32,045 shares of the utilities provider's stock worth $2,407,000 after buying an additional 142 shares during the period. Sage Mountain Advisors LLC lifted its stake in CMS Energy by 4.5% in the first quarter. Sage Mountain Advisors LLC now owns 3,360 shares of the utilities provider's stock valued at $252,000 after buying an additional 144 shares in the last quarter. Tobam lifted its stake in CMS Energy by 35.0% in the second quarter. Tobam now owns 559 shares of the utilities provider's stock valued at $39,000 after buying an additional 145 shares in the last quarter. Sumitomo Life Insurance Co. lifted its stake in CMS Energy by 1.3% in the first quarter. Sumitomo Life Insurance Co. now owns 11,233 shares of the utilities provider's stock valued at $844,000 after buying an additional 146 shares in the last quarter. Finally, Spire Wealth Management lifted its position in shares of CMS Energy by 6.4% in the first quarter. Spire Wealth Management now owns 2,550 shares of the utilities provider's stock worth $191,000 after purchasing an additional 154 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

CMS Energy Company Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

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