Oliver Lagore Vanvalin Investment Group Acquires Shares of 3,745 CMS Energy Corporation $CMS

Key Points

• Oliver Lagore Vanvalin Investment Group has acquired 3,745 shares of CMS Energy Corporation, valued at approximately $281,000, as noted in their recent SEC filing.
• Institutional investors hold a significant 93.57% of CMS Energy's stock, with notable increases in holdings from various firms including Price T Rowe Associates, which boosted its stake by 16.1%.
• CMS Energy's latest earnings show $0.71 earnings per share, exceeding estimates, and the company has recently declared a quarterly dividend with a yield of 3.1%.

Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of CMS Energy Corporation (NYSE:CMS - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,745 shares of the utilities provider's stock, valued at approximately $281,000.

A number of other institutional investors have also modified their holdings of the business. Bison Wealth LLC acquired a new stake in shares of CMS Energy in the 4th quarter worth approximately $312,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of CMS Energy by 4.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,271 shares of the utilities provider's stock valued at $2,084,000 after acquiring an additional 1,451 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of CMS Energy in the 4th quarter valued at approximately $3,404,000. Two Sigma Advisers LP purchased a new stake in shares of CMS Energy in the 4th quarter valued at approximately $500,000. Finally, Vident Advisory LLC lifted its position in shares of CMS Energy by 118.4% in the 4th quarter. Vident Advisory LLC now owns 16,657 shares of the utilities provider's stock valued at $1,110,000 after acquiring an additional 9,030 shares in the last quarter. Institutional investors own 93.57% of the company's stock.

CMS Energy Stock Performance

CMS Energy stock traded up $0.37 during mid-day trading on Tuesday, reaching $70.81. The company had a trading volume of 333,608 shares, compared to its average volume of 2,418,137. The company has a quick ratio of 0.77, a current ratio of 1.00 and a debt-to-equity ratio of 1.93. CMS Energy Corporation has a 52 week low of $63.97 and a 52 week high of $76.45. The company has a 50 day moving average of $72.14 and a 200-day moving average of $71.67. The firm has a market cap of $21.20 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 2.61 and a beta of 0.39.

CMS Energy (NYSE:CMS - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.71 EPS for the quarter, topping analysts' consensus estimates 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 firm's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the firm earned $0.66 EPS. CMS Energy has set its FY 2025 guidance at 3.540-3.600 EPS. On average, sell-side analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently announced 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. The ex-dividend date was Friday, August 8th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.1%. CMS Energy's dividend payout ratio (DPR) is 64.20%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Barclays upped their price target on shares of CMS Energy from $77.00 to $78.00 and gave the company an "overweight" rating in a research report on Tuesday, July 22nd. Wolfe Research restated a "peer perform" rating on shares of CMS Energy in a research report on Monday, July 7th. 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, Morgan Stanley reiterated an "outperform" rating on shares of CMS Energy in a research note on Thursday, August 21st. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, CMS Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $77.25.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Lauren Y. Snyder sold 2,220 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the firm's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $73.62, for a total transaction of $147,240.00. Following the completion of the sale, the senior vice president owned 68,036 shares of the company's stock, valued at $5,008,810.32. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.49% 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.