Wedbush Securities Inc. Purchases 14,583 Shares of CMS Energy Corporation $CMS

Key Points

• Wedbush Securities increased its CMS Energy stake by 69% in the third quarter, purchasing 14,583 additional shares and bringing its holdings to 35,713 shares valued at approximately $2.25 million. Institutional investors own 93.57% of the company.
• CMS Energy reported quarterly EPS of $0.37, slightly ahead of analysts’ $0.36 estimate, while revenue declined 0.5% year over year to $1.83 billion. The company issued fiscal 2026 EPS guidance of $4.08–$4.17.
• The utility declared a quarterly dividend of $0.57 per share, or $2.28 annualized, representing a 3.3% yield. Analysts maintain a consensus “Hold” rating with an average price target of $77.76.

Wedbush Securities Inc. grew its holdings in shares of CMS Energy Corporation (NYSE:CMS - Free Report) by 69.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,713 shares of the utilities provider's stock after buying an additional 14,583 shares during the period. Wedbush Securities Inc.'s holdings in CMS Energy were worth $2,253,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Kilter Group LLC acquired a new position in shares of CMS Energy during the second quarter worth approximately $26,000. Pension & Wealth Management Advisors Inc. bought a new position in CMS Energy in the 3rd quarter worth approximately $30,000. Scarborough Advisors LLC acquired a new stake in CMS Energy in the 1st quarter valued at approximately $31,000. Trust Co. of Vermont acquired a new stake in CMS Energy in the 2nd quarter valued at approximately $33,000. Finally, MidFirst Bank acquired a new stake in CMS Energy in the 2nd quarter valued at approximately $34,000. Institutional investors own 93.57% of the company's stock.

CMS Energy Trading Down 0.9%

CMS Energy stock opened at $69.64 on Friday. The firm has a 50 day simple moving average of $66.87 and a 200-day simple moving average of $71.74. 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 stock has a market capitalization of $21.84 billion, a PE ratio of 20.91, a price-to-earnings-growth ratio of 2.54 and a beta of 0.32. CMS Energy Corporation has a 12-month low of $62.28 and a 12-month high of $80.36.

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

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, November 6th. CMS Energy's dividend payout ratio (DPR) is presently 68.47%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CMS shares. KeyCorp lowered CMS Energy from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 23rd. Truist Financial decreased their price target on CMS Energy from $81.00 to $77.00 and set a "buy" rating for the company in a research note on Wednesday, October 14th. Morgan Stanley lowered their price target on CMS Energy from $77.00 to $73.00 and set an "equal weight" rating on the stock in a report on Wednesday. Royal Bank Of Canada set a $73.00 price objective on shares of CMS Energy in a research note on Tuesday, October 6th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. Seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, CMS Energy currently has a consensus rating of "Hold" and an average price target of $77.76.

CMS Energy Profile

CMS Energy Corporation is an energy company headquartered in Jackson, Michigan. Through its principal subsidiary, Consumers Energy, the company provides electric and natural gas utility services to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains electric generation, transmission and distribution infrastructure, as well as natural gas storage and distribution systems. CMS Energy also conducts independent power generation and energy-related activities through its businesses focused on renewable energy, natural gas and other power projects.

Founded in 1987 as a holding company, CMS Energy traces its utility operations to Consumers Power Company, which was established in Michigan in the late 19th century.

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