CMS Energy Corporation $CMS Shares Acquired by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in CMS Energy by 9.9%, owning 43,250 shares valued at approximately $2.996 million.
• CMS Energy reported a quarterly EPS of $0.71, surpassing analysts' expectations, and has set their FY 2025 guidance at 3.540-3.600 EPS.
• The company recently declared a quarterly dividend of $0.5425 per share, indicating an annualized yield of 2.9% with a payout ratio of 64.20%.

Vanguard Personalized Indexing Management LLC boosted its holdings in CMS Energy Corporation (NYSE:CMS - Free Report) by 9.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,250 shares of the utilities provider's stock after purchasing an additional 3,907 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in CMS Energy were worth $2,996,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC acquired a new position in shares of CMS Energy during the 4th quarter valued at about $312,000. Farther Finance Advisors LLC raised its position in shares of CMS Energy by 195.2% in the 1st quarter. Farther Finance Advisors LLC now owns 3,297 shares of the utilities provider's stock worth $248,000 after buying an additional 2,180 shares during the period. GAMMA Investing LLC increased its position in CMS Energy by 17.6% during the 1st quarter. GAMMA Investing LLC now owns 13,491 shares of the utilities provider's stock worth $1,013,000 after purchasing an additional 2,020 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of CMS Energy during the 1st quarter valued at about $351,000. Finally, Grove Bank & Trust grew its stake in CMS Energy by 167.3% during the 1st quarter. Grove Bank & Trust now owns 1,072 shares of the utilities provider's stock valued at $81,000 after purchasing an additional 671 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CMS has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of CMS Energy from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Weiss Ratings restated a "buy (b-)" rating on shares of CMS Energy in a research note on Wednesday, October 8th. KeyCorp lifted their price target on CMS Energy from $76.00 to $79.00 and gave the stock an "overweight" rating in a research note on Wednesday. Wolfe Research restated a "peer perform" rating on shares of CMS Energy in a research note on Monday, July 7th. Finally, Morgan Stanley decreased their target price on CMS Energy from $73.00 to $71.00 and set an "equal weight" rating for the company in a research report on Thursday, September 25th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $78.00.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 2,000 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $73.62, for a total value of $147,240.00. Following the completion of the transaction, the senior vice president directly owned 68,036 shares of the company's stock, valued at $5,008,810.32. This represents a 2.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Lauren Y. Snyder sold 2,220 shares of the business's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $71.26, for a total value of $158,197.20. Following the transaction, the senior vice president owned 13,512 shares of the company's stock, valued at $962,865.12. This trade represents a 14.11% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by corporate insiders.

CMS Energy Trading Up 1.3%

Shares of NYSE CMS opened at $75.31 on Thursday. CMS Energy Corporation has a 12-month low of $63.97 and a 12-month high of $76.45. The company has a market cap of $22.54 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 2.84 and a beta of 0.40. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. The stock's 50 day simple moving average is $72.21 and its 200 day simple moving average is $71.68.

CMS Energy (NYSE:CMS - Get Free Report) last issued 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 firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.68 billion. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The firm's revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.66 EPS. CMS Energy has set its FY 2025 guidance at 3.540-3.600 EPS. Equities research analysts expect that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 8th were paid a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, August 8th. CMS Energy's payout ratio is presently 64.20%.

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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