Portfolio Design Labs LLC Invests $1.38 Million in CMS Energy Corporation $CMS

Key Points

• Portfolio Design Labs LLC acquired 18,030 CMS Energy shares in the second quarter, valued at approximately $1.38 million. Institutional investors collectively own 93.57% of the company’s stock.
• CMS Energy’s latest quarterly earnings slightly exceeded expectations, with EPS of $0.37 versus the $0.36 consensus estimate, while revenue declined 0.5% year over year to $1.83 billion.
• Analysts maintain a consensus “Moderate Buy” rating with an $81.67 price target. CMS Energy also declared a quarterly dividend of $0.57 per share, representing a 3.3% annualized yield.

Portfolio Design Labs LLC purchased a new stake in CMS Energy Corporation (NYSE:CMS - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 18,030 shares of the utilities provider's stock, valued at approximately $1,379,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Scarborough Advisors LLC purchased a new position in CMS Energy in the first quarter valued at about $31,000. Elyxium Wealth LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth approximately $29,000. DV Equities LLC acquired a new stake in shares of CMS Energy in the 4th quarter worth approximately $29,000. Trust Co. of Vermont acquired a new stake in shares of CMS Energy in the 2nd quarter worth approximately $33,000. Finally, MidFirst Bank purchased a new position in CMS Energy in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the sale, the senior vice president directly owned 67,111 shares in the company, valued at $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CMS shares. Wall Street Zen raised CMS Energy from a "strong sell" rating to a "sell" rating in a report on Sunday, July 5th. Weiss Ratings lowered CMS Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. BMO Capital Markets lifted their price target on CMS Energy from $81.00 to $86.00 and gave the stock an "outperform" rating in a research note on Monday, July 20th. KeyCorp lowered shares of CMS Energy from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley set a $77.00 price objective on shares of CMS Energy in a research note on Thursday, May 21st. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $81.67.

CMS Energy Price Performance

CMS stock opened at $69.87 on Friday. The stock's 50 day moving average price is $73.76 and its 200 day moving average price is $74.79. The firm has a market cap of $21.91 billion, a P/E ratio of 20.98, a PEG ratio of 2.56 and a beta of 0.35. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94. CMS Energy Corporation has a 1 year low of $68.64 and a 1 year high of $80.36.

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 for the quarter, topping the consensus estimate of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter last year, the business posted $0.71 earnings per share. CMS Energy's revenue was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, sell-side analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Friday, August 7th. 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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