Eisler Capital Management Ltd. Takes $1.21 Million Position in CMS Energy Corporation $CMS

Key Points

• Eisler Capital Management Ltd. has invested approximately $1.21 million in CMS Energy Corporation, acquiring 16,094 shares recently.
• CMS Energy reported $0.71 EPS for the last quarter, exceeding analyst expectations by $0.04, with a quarterly revenue of $1.84 billion.
• The company declared a quarterly dividend of $0.5425 per share, equating to an annual yield of 3.0%, with a payout ratio of 64.20%.

Eisler Capital Management Ltd. acquired a new position in shares of CMS Energy Corporation (NYSE:CMS - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 16,094 shares of the utilities provider's stock, valued at approximately $1,208,000.

Several other large investors have also modified their holdings of the stock. B. Metzler seel. Sohn & Co. AG lifted its holdings in shares of CMS Energy by 118.9% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 111,862 shares of the utilities provider's stock worth $8,402,000 after acquiring an additional 60,756 shares during the period. Ieq Capital LLC purchased a new position in shares of CMS Energy during the 1st quarter worth about $1,004,000. Samalin Investment Counsel LLC lifted its holdings in shares of CMS Energy by 22.6% during the 1st quarter. Samalin Investment Counsel LLC now owns 5,747 shares of the utilities provider's stock worth $432,000 after acquiring an additional 1,059 shares during the period. FORA Capital LLC purchased a new position in shares of CMS Energy during the 1st quarter worth about $781,000. Finally, Jane Street Group LLC lifted its holdings in shares of CMS Energy by 572.7% during the 1st quarter. Jane Street Group LLC now owns 196,004 shares of the utilities provider's stock worth $14,722,000 after acquiring an additional 166,867 shares during the period. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wolfe Research restated a "peer perform" rating on shares of CMS Energy in a report on Monday, July 7th. Barclays raised their price target on shares of CMS Energy from $77.00 to $78.00 and gave the company an "overweight" rating in a report on Tuesday, July 22nd. Wall Street Zen lowered shares of CMS Energy from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Finally, Morgan Stanley restated an "outperform" rating on shares of CMS Energy in a report on Thursday, August 21st. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $77.25.

CMS Energy Stock Up 0.5%

Shares of CMS traded up $0.34 during mid-day trading on Monday, reaching $71.55. 1,487,179 shares of the stock traded hands, compared to its average volume of 2,210,735. CMS Energy Corporation has a 12-month low of $63.97 and a 12-month high of $76.45. The company has a quick ratio of 0.77, a current ratio of 1.00 and a debt-to-equity ratio of 1.93. The firm has a market cap of $21.42 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 2.66 and a beta of 0.39. The stock has a fifty day simple moving average of $71.75 and a 200 day simple moving average of $71.76.

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

CMS Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 8th were issued a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Friday, August 8th. CMS Energy's payout ratio is currently 64.20%.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 2,000 shares of CMS Energy stock in a transaction on Friday, August 8th. The shares were 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 owned 68,036 shares of the company's stock, valued at $5,008,810.32. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.49% of the stock is currently owned by corporate insiders.

CMS Energy 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.