Natixis Advisors LLC Sells 12,134 Shares of CMS Energy Corporation $CMS

Natixis Advisors LLC trimmed its stake in shares of CMS Energy Corporation (NYSE:CMS) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,023 shares of the utilities provider’s stock after selling 12,134 shares during the quarter. Natixis Advisors LLC’s holdings in CMS Energy were worth $12,015,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CMS. Bison Wealth LLC bought a new position in shares of CMS Energy in the 4th quarter valued at $312,000. Integrated Wealth Concepts LLC acquired a new stake in shares of CMS Energy during the 1st quarter valued at $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in CMS Energy by 10.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after acquiring an additional 3,367 shares during the last quarter. Empowered Funds LLC increased its holdings in CMS Energy by 22.0% in the 1st quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after purchasing an additional 1,226 shares in the last quarter. Finally, Woodline Partners LP increased its holdings in CMS Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after purchasing an additional 7,300 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Activity

In related news, Director John G. Russell sold 14,914 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director owned 131,568 shares in the company, valued at $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Scott B. Mcintosh sold 1,750 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the sale, the chief accounting officer directly owned 24,223 shares in the company, valued at $1,894,238.60. This trade represents a 6.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 20,664 shares of company stock worth $1,579,506 over the last ninety days. Corporate insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wall Street Zen lowered CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Jefferies Financial Group upped their price objective on CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a report on Friday, February 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Finally, Williams Trading set a $80.00 target price on shares of CMS Energy in a report on Monday, February 9th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, CMS Energy presently has a consensus rating of “Moderate Buy” and an average target price of $79.38.

CMS Energy Price Performance

Shares of CMS opened at $76.76 on Friday. The business has a 50-day moving average of $73.59 and a 200-day moving average of $72.75. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The company has a market capitalization of $23.52 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 2.69 and a beta of 0.46. CMS Energy Corporation has a 1 year low of $67.71 and a 1 year high of $78.47.

CMS Energy (NYSE:CMS) last announced its earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate 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 business posted $0.87 earnings per share. The firm’s 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. As a group, equities research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, February 17th. CMS Energy’s dividend payout ratio is currently 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.