United Capital Financial Advisors LLC Makes New $884,000 Investment in CMS Energy Corporation $CMS

by · The Markets Daily

United Capital Financial Advisors LLC bought a new stake in shares of CMS Energy Corporation (NYSE:CMS – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 11,555 shares of the utilities provider’s stock, valued at approximately $884,000.

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

Analyst Ratings Changes

CMS has been the topic of several recent analyst reports. Argus reissued a “buy” rating and set a $80.00 price objective on shares of CMS Energy in a research note on Wednesday, August 26th. Weiss Ratings lowered shares of CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Jefferies Financial Group set a $78.00 price target on shares of CMS Energy in a research report on Thursday, July 16th. Barclays boosted their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Mizuho lowered their price objective on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.69.

Read Our Latest Research Report on CMS

CMS Energy Stock Performance

CMS opened at $68.21 on Monday. The company has a market capitalization of $21.39 billion, a price-to-earnings ratio of 20.48, a P/E/G ratio of 2.47 and a beta of 0.35. The business’s 50-day moving average price is $73.16 and its two-hundred day moving average price is $74.65. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. CMS Energy Corporation has a 1 year low of $67.90 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 analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the prior year, the firm posted $0.71 EPS. The business’s revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Equities analysts expect that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is 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%.

About CMS Energy

(Free Report)

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.

Further Reading

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