Zurcher Kantonalbank Zurich Cantonalbank Purchases 61,396 Shares of CMS Energy Corporation $CMS

Key Points

• Zurcher Kantonalbank increased its stake in CMS Energy by 63.6%, buying 61,396 shares to hold 157,946 shares valued at about $11.05 million, while institutional investors collectively own 93.57% of the company.
• CMS Energy beat quarterly estimates with $0.95 EPS (vs. $0.94 expected) and $2.23 billion in revenue (vs. $2.13 billion expected), and set FY2026 guidance of 3.830–3.900 EPS (consensus ~3.87).
• The company declared a quarterly dividend of $0.57 (annualized $2.28), implying a ~3.0% yield and a payout ratio of about 64.6%, payable May 29 with record/ex-dividend dates in early May.

Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of CMS Energy Corporation (NYSE:CMS - Free Report) by 63.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,946 shares of the utilities provider's stock after buying an additional 61,396 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned 0.05% of CMS Energy worth $11,045,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Sound Income Strategies LLC increased its position in shares of CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 157 shares during the last quarter. HM Payson & Co. increased its position in shares of CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 141 shares during the last quarter. First Horizon Corp purchased a new stake in shares of CMS Energy during the 3rd quarter valued at $26,000. Covestor Ltd increased its position in shares of CMS Energy by 52.0% during the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 145 shares during the last quarter. Finally, Dorato Capital Management purchased a new stake in shares of CMS Energy during the 4th quarter valued at $37,000. Institutional investors own 93.57% of the company's stock.

CMS Energy Stock Performance

NYSE CMS opened at $76.65 on Friday. The company's 50 day moving average is $77.15 and its 200-day moving average is $73.99. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $80.36. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. The firm has a market cap of $23.61 billion, a P/E ratio of 21.71, a price-to-earnings-growth ratio of 2.72 and a beta of 0.43.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.01. The company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The company's quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Sell-side analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be given a $0.57 dividend. The ex-dividend date is Friday, May 8th. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. CMS Energy's payout ratio is 64.59%.

Insider Buying and Selling

In other news, Director John G. Russell sold 14,914 shares of CMS Energy stock in a transaction on Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the completion of the transaction, the director directly owned 131,568 shares in the company, valued at approximately $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on Friday, February 27th. The shares were sold at an average price of $78.23, for a total value of $312,920.00. Following the completion of the transaction, the senior vice president owned 70,670 shares of the company's stock, valued at approximately $5,528,514.10. This trade represents a 5.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,664 shares of company stock valued at $1,579,506 in the last ninety days. 0.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on CMS. Williams Trading set a $80.00 target price on shares of CMS Energy in a research report on Monday, February 9th. Morgan Stanley set a $80.00 target price on shares of CMS Energy in a research report on Friday, February 20th. Truist Financial began coverage on shares of CMS Energy in a research report on Tuesday. They set a "buy" rating and a $86.00 target price for the company. Weiss Ratings reissued a "buy (b-)" rating on shares of CMS Energy in a research report on Wednesday, January 21st. Finally, UBS Group reaffirmed a "neutral" rating on shares of CMS Energy in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $81.21.

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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