4,467 Shares in CMS Energy Corporation $CMS Acquired by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC acquired 4,467 shares of CMS Energy Corporation valued at approximately $336,000 during the first quarter.
• CMS Energy reported a quarterly EPS of $0.71, exceeding analysts' expectations by $0.04, with quarterly revenue of $1.84 billion, marking a 14.4% increase year-over-year.
• The company announced a quarterly dividend of $0.5425 per share, representing an annualized yield of 3.0% and indicating a payout ratio of 64.20%.

MBB Public Markets I LLC purchased a new stake in shares of CMS Energy Corporation (NYSE:CMS - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,467 shares of the utilities provider's stock, valued at approximately $336,000.

A number of other large investors also recently made changes to their positions in CMS. Bison Wealth LLC bought a new position in shares of CMS Energy during the fourth quarter valued at about $312,000. Captrust Financial Advisors increased its holdings in CMS Energy by 1.1% during the fourth quarter. Captrust Financial Advisors now owns 41,395 shares of the utilities provider's stock worth $2,759,000 after buying an additional 470 shares during the last quarter. Cetera Investment Advisers increased its holdings in CMS Energy by 7.7% during the fourth quarter. Cetera Investment Advisers now owns 33,991 shares of the utilities provider's stock worth $2,265,000 after buying an additional 2,440 shares during the last quarter. CoreCap Advisors LLC increased its holdings in CMS Energy by 10.5% during the fourth quarter. CoreCap Advisors LLC now owns 3,124 shares of the utilities provider's stock worth $208,000 after buying an additional 297 shares during the last quarter. Finally, Ethic Inc. purchased a new stake in CMS Energy during the fourth quarter worth about $336,000. 93.57% of the stock is owned by institutional investors.

CMS Energy Trading Down 0.0%

Shares of CMS traded down $0.03 during mid-day trading on Friday, reaching $71.65. The company's stock had a trading volume of 1,911,124 shares, compared to its average volume of 2,422,668. The stock has a market cap of $21.45 billion, a PE ratio of 21.20, a P/E/G ratio of 2.65 and a beta of 0.39. The company has a current ratio of 1.00, a quick ratio of 0.77 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's fifty day moving average price is $72.07 and its two-hundred day moving average price is $71.80.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.71 EPS for the quarter, beating 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 company had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same period in the prior year, the business posted $0.66 EPS. The firm's 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. On average, analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders 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 yield of 3.0%. The ex-dividend date of this dividend was Friday, August 8th. CMS Energy's payout ratio is presently 64.20%.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, SVP Brandon J. Hofmeister sold 2,000 shares of the company's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $73.62, for a total value of $147,240.00. Following the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Lauren Y. Snyder sold 2,220 shares of the company's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $71.26, for a total transaction of $158,197.20. Following the completion of the sale, the senior vice president directly owned 13,512 shares in the company, valued at $962,865.12. This represents a 14.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by 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.