CMS Energy Corporation $CMS Shares Sold by Tredje AP fonden

Tredje AP fonden decreased its position in CMS Energy Corporation (NYSE:CMS) by 30.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 301,890 shares of the utilities provider’s stock after selling 130,566 shares during the period. Tredje AP fonden owned 0.10% of CMS Energy worth $22,116,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CMS. Norges Bank acquired a new stake in shares of CMS Energy during the second quarter worth about $238,951,000. Qube Research & Technologies Ltd increased its holdings in CMS Energy by 1,048.7% in the second quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock valued at $101,213,000 after buying an additional 1,333,743 shares during the last quarter. Soroban Capital Partners LP raised its position in shares of CMS Energy by 215.8% during the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock worth $99,429,000 after acquiring an additional 980,733 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of CMS Energy by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock worth $2,704,977,000 after buying an additional 702,713 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of CMS Energy by 3,585.4% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 443,054 shares of the utilities provider’s stock valued at $32,458,000 after purchasing an additional 431,032 shares during the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CMS. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. BMO Capital Markets reissued an “outperform” rating and set a $80.00 price target (up previously from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Wells Fargo & Company lowered their price target on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, January 20th. Mizuho raised their price target on shares of CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, Jefferies Financial Group boosted their price objective on CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $78.69.

CMS Energy Stock Down 0.0%

Shares of NYSE:CMS opened at $75.85 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98. The company’s fifty day moving average is $71.62 and its two-hundred day moving average is $72.37. CMS Energy Corporation has a 1-year low of $67.71 and a 1-year high of $77.28. The stock has a market capitalization of $23.24 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 2.69 and a beta of 0.47.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the prior year, the firm earned $0.87 EPS. The business’s quarterly revenue was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities analysts anticipate that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be issued a $0.57 dividend. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio is 64.59%.

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.