J. Safra Sarasin Holding AG Acquires New Position in CMS Energy Corporation $CMS

J. Safra Sarasin Holding AG bought a new position in shares of CMS Energy Corporation (NYSE:CMS) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 34,322 shares of the utilities provider’s stock, valued at approximately $2,514,000.

Several other hedge funds also recently made changes to their positions in CMS. Benjamin Edwards Inc. raised its stake in CMS Energy by 379.3% during the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock worth $4,532,000 after acquiring an additional 48,954 shares during the period. Venture Visionary Partners LLC boosted its stake in CMS Energy by 769.5% in the third quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock valued at $2,016,000 after acquiring an additional 24,356 shares during the period. Vaughan Nelson Investment Management L.P. grew its holdings in shares of CMS Energy by 17.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 630,599 shares of the utilities provider’s stock valued at $46,198,000 after purchasing an additional 92,980 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its position in shares of CMS Energy by 112.1% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 104,094 shares of the utilities provider’s stock worth $7,626,000 after purchasing an additional 55,017 shares during the period. Finally, Intact Investment Management Inc. lifted its holdings in shares of CMS Energy by 9.5% in the 3rd quarter. Intact Investment Management Inc. now owns 81,700 shares of the utilities provider’s stock worth $5,985,000 after purchasing an additional 7,100 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the sale, the senior vice president directly owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.49% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CMS. Wall Street Zen downgraded CMS Energy from a “hold” rating to a “sell” rating in a research note on Friday, January 23rd. KeyCorp upped their price target on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. UBS Group cut their price objective on shares of CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Wells Fargo & Company decreased their target price on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Finally, Morgan Stanley restated an “underperform” rating on shares of CMS Energy in a research note on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $77.42.

CMS Energy Stock Up 0.7%

Shares of CMS stock opened at $72.06 on Wednesday. CMS Energy Corporation has a 1 year low of $65.17 and a 1 year high of $76.45. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.60 and a current ratio of 0.90. The business’s fifty day moving average is $71.24 and its 200-day moving average is $72.21. The stock has a market cap of $21.93 billion, a PE ratio of 20.83, a price-to-earnings-growth ratio of 2.54 and a beta of 0.49.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the prior year, the firm posted $0.84 earnings per share. The company’s revenue was up 15.9% on a year-over-year basis. 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. Equities analysts expect that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

About CMS Energy

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.