25,457 CMS Energy Corporation $CMS Shares Acquired by First Pacific Financial

Key Points

• First Pacific Financial significantly increased its CMS Energy position by purchasing 25,457 shares in the third quarter, bringing its holdings to 25,627 shares valued at approximately $1.62 million. Institutional investors collectively own 93.57% of the company.
• Analysts maintain a generally positive outlook, with CMS Energy receiving a consensus “Moderate Buy” rating and an average price target of $78.94, compared with its reported share price of $66.78.
• CMS Energy exceeded quarterly EPS expectations by posting $0.37 versus the $0.36 consensus estimate, while revenue declined slightly year over year. The company also pays a quarterly dividend of $0.57 per share, representing a 3.4% annualized yield.

First Pacific Financial grew its position in shares of CMS Energy Corporation (NYSE:CMS - Free Report) by 14,974.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,627 shares of the utilities provider's stock after purchasing an additional 25,457 shares during the period. First Pacific Financial's holdings in CMS Energy were worth $1,617,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Kilter Group LLC bought a new position in CMS Energy during the second quarter valued at approximately $26,000. Scarborough Advisors LLC purchased a new position in CMS Energy during the 1st quarter valued at approximately $31,000. Trust Co. of Vermont purchased a new position in CMS Energy during the 2nd quarter valued at approximately $33,000. MidFirst Bank bought a new stake in CMS Energy in the 4th quarter worth approximately $31,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in CMS Energy in the 1st quarter worth approximately $41,000. Hedge funds and other institutional investors own 93.57% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on CMS shares. Capital One Financial set a $73.00 target price on CMS Energy in a research report on Tuesday, October 6th. UBS Group restated a "neutral" rating and issued a $84.00 price target on shares of CMS Energy in a research report on Wednesday, July 29th. Mizuho reduced their price target on shares of CMS Energy from $78.00 to $77.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 29th. BMO Capital Markets decreased their price target on shares of CMS Energy from $77.00 to $73.00 and set an "outperform" rating on the stock in a research note on Tuesday, October 6th. Finally, Wall Street Zen upgraded shares of CMS Energy from a "strong sell" rating to a "sell" rating in a research report on Sunday, July 5th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $78.94.

CMS Energy Stock Up 0.7%

Shares of CMS opened at $66.78 on Thursday. The company has a market cap of $20.94 billion, a PE ratio of 19.61, a P/E/G ratio of 2.42 and a beta of 0.32. The business has a fifty day moving average of $67.13 and a 200 day moving average of $72.15. CMS Energy Corporation has a 52-week low of $62.28 and a 52-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 - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the firm earned $0.71 earnings per share. CMS Energy's quarterly revenue was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, sell-side analysts expect that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.4%. CMS Energy's payout ratio is currently 68.47%.

CMS Energy Profile

CMS Energy Corporation NYSE: CMS is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers across Michigan.

Consumers Energy operates and maintains an integrated energy system that includes electric generation, transmission and distribution infrastructure, as well as natural gas storage, transportation and distribution assets.

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