CMS Energy Corporation $CMS Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its position in shares of CMS Energy Corporation (NYSE:CMS) by 39.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,722 shares of the utilities provider’s stock after selling 36,601 shares during the period. Commonwealth Equity Services LLC’s holdings in CMS Energy were worth $3,967,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CMS. Norges Bank acquired a new position in CMS Energy during the fourth quarter worth about $316,057,000. Vanguard Group Inc. grew its holdings in CMS Energy by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock worth $2,844,213,000 after acquiring an additional 1,501,991 shares during the period. Pictet Asset Management Holding SA grew its holdings in CMS Energy by 70.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider’s stock worth $249,738,000 after acquiring an additional 1,481,779 shares during the period. Parnassus Investments LLC acquired a new position in CMS Energy during the fourth quarter worth about $102,983,000. Finally, Soroban Capital Partners LP grew its holdings in CMS Energy by 215.8% during the second 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 during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Trading Down 1.5%

Shares of CMS opened at $70.96 on Tuesday. The business’s 50-day moving average price is $75.14 and its 200 day moving average price is $73.87. The stock has a market capitalization of $21.92 billion, a P/E ratio of 19.60, a P/E/G ratio of 2.61 and a beta of 0.35. CMS Energy Corporation has a 1-year low of $68.41 and a 1-year high of $80.36. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80.

CMS Energy (NYSE:CMS) last released its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the previous year, the business posted $1.02 EPS. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, May 8th. CMS Energy’s payout ratio is 62.98%.

Insiders Place Their Bets

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares of the company’s stock, valued at $4,987,018.41. The trade was a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their target price on CMS Energy from $86.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. BMO Capital Markets dropped their price target on CMS Energy from $82.00 to $81.00 and set an “outperform” rating on the stock in a research note on Thursday. Morgan Stanley set a $77.00 price target on CMS Energy in a research note on Thursday, May 21st. Jefferies Financial Group cut CMS Energy from a “buy” rating to a “hold” rating and dropped their price target for the stock from $88.00 to $74.00 in a research note on Thursday. Finally, Wall Street Zen cut CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and a consensus target price of $80.17.

CMS Energy Company 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.