Illinois Municipal Retirement Fund Has $6.39 Million Stock Holdings in CMS Energy Corporation $CMS

Illinois Municipal Retirement Fund lowered its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 44.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 92,204 shares of the utilities provider’s stock after selling 74,845 shares during the period. Illinois Municipal Retirement Fund’s holdings in CMS Energy were worth $6,388,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of CMS. ProShare Advisors LLC grew its position in CMS Energy by 13.0% in the second quarter. ProShare Advisors LLC now owns 53,165 shares of the utilities provider’s stock valued at $3,683,000 after acquiring an additional 6,137 shares during the last quarter. Profund Advisors LLC boosted its stake in shares of CMS Energy by 27.8% in the 2nd quarter. Profund Advisors LLC now owns 15,037 shares of the utilities provider’s stock valued at $1,042,000 after purchasing an additional 3,271 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of CMS Energy during the 2nd quarter valued at approximately $3,400,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in CMS Energy by 10.9% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock worth $40,971,000 after purchasing an additional 58,024 shares in the last quarter. Finally, Aviva PLC increased its position in CMS Energy by 6.9% during the 2nd quarter. Aviva PLC now owns 764,887 shares of the utilities provider’s stock worth $52,991,000 after purchasing an additional 49,162 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Lauren Y. Snyder sold 2,220 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction of $158,197.20. Following the completion of the sale, the senior vice president directly owned 13,512 shares in the company, valued at $962,865.12. This represents a 14.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.40% of the company’s stock.

CMS Energy Trading Up 1.1%

NYSE CMS opened at $74.84 on Wednesday. The firm has a market capitalization of $22.78 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 2.76 and a beta of 0.42. The business’s 50-day moving average price is $72.72 and its two-hundred day moving average price is $71.80. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. CMS Energy Corporation has a 12 month low of $63.97 and a 12 month high of $76.45.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period last year, the company earned $0.84 earnings per share. The firm’s revenue was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. On average, analysts expect that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th will be paid a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, November 7th. CMS Energy’s dividend payout ratio is currently 62.72%.

Analysts Set New Price Targets

A number of analysts have weighed in on CMS shares. Morgan Stanley raised their target price on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Barclays boosted their price objective on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Wells Fargo & Company raised CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Finally, KeyCorp upped their price objective on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $78.36.

CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.