Nykredit A S Buys New Position in CMS Energy Corporation $CMS

Key Points

• Nykredit A/S bought 17,941 shares of CMS Energy in the second quarter, valued at approximately $1.37 million. Institutional investors and hedge funds collectively own 93.57% of the company.
• Analysts maintain a generally positive outlook, with seven Buy ratings and six Holds. CMS Energy has a consensus rating of “Moderate Buy” and an average price target of $81.69.
• CMS Energy reported quarterly EPS of $0.37, slightly above estimates, while revenue reached $1.83 billion. The company also paid a quarterly dividend of $0.57 per share, representing a 3.3% annualized yield.

Nykredit A S bought a new stake in CMS Energy Corporation (NYSE:CMS - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 17,941 shares of the utilities provider's stock, valued at approximately $1,372,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Quadrant Capital Group LLC grew its holdings in CMS Energy by 3.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider's stock worth $298,000 after acquiring an additional 137 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of CMS Energy by 1.5% in the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider's stock valued at $662,000 after purchasing an additional 143 shares during the period. Florida Financial Advisors LLC lifted its stake in shares of CMS Energy by 4.9% in the 4th quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider's stock valued at $220,000 after purchasing an additional 149 shares during the period. Cim LLC boosted its position in shares of CMS Energy by 0.8% during the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider's stock valued at $1,395,000 after purchasing an additional 152 shares in the last quarter. Finally, Norinchukin Bank The boosted its position in shares of CMS Energy by 0.9% during the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider's stock valued at $1,338,000 after purchasing an additional 156 shares in the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CMS shares. Jefferies Financial Group set a $78.00 target price on CMS Energy in a report on Thursday, July 16th. JPMorgan Chase & Co. raised their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Morgan Stanley lowered their price objective on shares of CMS Energy from $80.00 to $79.00 and set an "equal weight" rating for the company in a research note on Friday, August 21st. UBS Group reissued a "neutral" rating and set a $84.00 target price on shares of CMS Energy in a research note on Wednesday, July 29th. Finally, BMO Capital Markets raised their price target on shares of CMS Energy from $81.00 to $86.00 and gave the stock an "outperform" rating in a report on Monday, July 20th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $81.69.

CMS Energy Trading Down 0.1%

CMS opened at $68.41 on Tuesday. CMS Energy Corporation has a fifty-two week low of $67.19 and a fifty-two week high of $80.36. The firm has a market capitalization of $21.45 billion, a PE ratio of 20.54, a P/E/G ratio of 2.50 and a beta of 0.34. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The company's 50-day moving average is $72.15 and its 200 day moving average is $74.34.

CMS Energy (NYSE:CMS - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.01. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The company's quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, research analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were issued a dividend of $0.57 per share. The ex-dividend date was Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.3%. CMS Energy's dividend payout ratio is 68.47%.

CMS Energy Profile

CMS Energy NYSE: CMS is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.

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