CMS Energy Corporation $CMS Shares Sold by Graham Capital Management L.P.

Graham Capital Management L.P. cut its stake in shares of CMS Energy Corporation (NYSE:CMS) by 8.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 118,748 shares of the utilities provider’s stock after selling 11,528 shares during the period. Graham Capital Management L.P.’s holdings in CMS Energy were worth $8,304,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in CMS Energy by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after acquiring an additional 1,501,991 shares during the last quarter. Geode Capital Management LLC grew its stake in CMS Energy by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 8,323,146 shares of the utilities provider’s stock valued at $579,902,000 after acquiring an additional 183,589 shares during the last quarter. Ameriprise Financial Inc. grew its stake in CMS Energy by 2.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,900,632 shares of the utilities provider’s stock valued at $358,865,000 after acquiring an additional 128,860 shares during the last quarter. Norges Bank acquired a new stake in CMS Energy in the 4th quarter valued at about $316,057,000. Finally, Pictet Asset Management Holding SA grew its stake in CMS Energy by 70.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider’s stock valued at $249,738,000 after acquiring an additional 1,481,779 shares during the last quarter. 93.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CMS. Barclays lowered their price objective on shares of CMS Energy from $81.00 to $79.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. decreased their price target on shares of CMS Energy from $86.00 to $82.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Truist Financial decreased their price target on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CMS Energy in a research note on Friday, June 5th. Finally, Morgan Stanley set a $77.00 price target on shares of CMS Energy in a research note on Thursday, May 21st. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.17.

Insider Buying and Selling at CMS Energy

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

CMS Energy Price Performance

CMS Energy stock opened at $74.00 on Wednesday. CMS Energy Corporation has a 12-month low of $68.41 and a 12-month high of $80.36. The stock has a market capitalization of $22.86 billion, a P/E ratio of 20.44, a P/E/G ratio of 2.67 and a beta of 0.35. The firm’s 50-day moving average is $74.63 and its two-hundred day moving average is $73.84. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66.

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

CMS Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, May 8th. CMS Energy’s dividend payout ratio is presently 62.98%.

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.