CMS Energy Corporation $CMS Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp cut its holdings in CMS Energy Corporation (NYSE:CMS) by 36.9% during the second quarter, Holdings Channel reports. The institutional investor owned 20,834 shares of the utilities provider’s stock after selling 12,202 shares during the quarter. Texas Permanent School Fund Corp’s holdings in CMS Energy were worth $1,443,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. AlphaQuest LLC boosted its position in shares of CMS Energy by 285.5% during the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 334 shares in the last quarter. Trust Co. of Vermont increased its holdings in shares of CMS Energy by 127.7% in the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 300 shares in the last quarter. Tobam lifted its stake in shares of CMS Energy by 35.0% in the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 145 shares during the period. WPG Advisers LLC purchased a new stake in CMS Energy during the first quarter worth about $47,000. Finally, CYBER HORNET ETFs LLC acquired a new position in CMS Energy during the second quarter worth about $53,000. Hedge funds and other institutional investors own 93.57% of the company’s stock.

CMS Energy Stock Performance

CMS Energy stock opened at $70.01 on Wednesday. CMS Energy Corporation has a fifty-two week low of $63.97 and a fifty-two week high of $76.45. The company has a market capitalization of $21.30 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 2.66 and a beta of 0.47. The stock has a fifty day moving average of $72.95 and a two-hundred day moving average of $72.05. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.60 and a current ratio of 0.90.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.83 billion. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The business’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.84 earnings per share. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. On average, analysts anticipate that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were paid a dividend of $0.5425 per share. This represents a $2.17 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, November 7th. CMS Energy’s dividend payout ratio (DPR) is currently 62.72%.

Wall Street Analysts Forecast Growth

CMS has been the subject of a number of research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Morgan Stanley raised their price objective on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Wall Street Zen downgraded CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th. UBS Group lowered their target price on CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Finally, Barclays lifted their price target on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.25.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the completion of the transaction, the senior vice president owned 64,259 shares of the company’s stock, valued at $4,656,849.73. The trade was a 5.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.49% of the stock is currently owned by corporate insiders.

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.