Vestmark Advisory Solutions Inc. Cuts Stake in CMS Energy Corporation $CMS

Vestmark Advisory Solutions Inc. lessened its stake in shares of CMS Energy Corporation (NYSE:CMS) by 19.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,645 shares of the utilities provider’s stock after selling 1,101 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in CMS Energy were worth $322,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of CMS. AlphaQuest LLC grew its stake in CMS Energy by 285.5% in the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock valued at $34,000 after buying an additional 334 shares in the last quarter. Trust Co. of Vermont lifted its stake in CMS Energy by 127.7% in the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 300 shares during the last quarter. WPG Advisers LLC purchased a new stake in CMS Energy during the first quarter valued at about $47,000. Caitong International Asset Management Co. Ltd bought a new position in shares of CMS Energy during the second quarter valued at about $58,000. Finally, Harbour Investments Inc. increased its holdings in shares of CMS Energy by 38.1% in the first quarter. Harbour Investments Inc. now owns 1,110 shares of the utilities provider’s stock worth $83,000 after buying an additional 306 shares during the period. 93.57% of the stock is owned by institutional investors.

CMS Energy Stock Down 0.9%

CMS stock opened at $74.30 on Thursday. The company has a market cap of $22.61 billion, a price-to-earnings ratio of 22.01, a P/E/G ratio of 2.76 and a beta of 0.42. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.77 and a current ratio of 1.00. The business’s 50-day moving average is $72.79 and its two-hundred day moving average is $71.82. CMS Energy Corporation has a fifty-two week low of $63.97 and a fifty-two week 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 for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.83 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. As a group, analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th will be issued a dividend of $0.5425 per share. This represents a $2.17 annualized dividend 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 62.72%.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This represents a 5.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Lauren Y. Snyder sold 2,220 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $962,865.12. This trade represents a 14.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Barclays raised their target price on shares of CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Morgan Stanley lifted their price objective on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Finally, KeyCorp lifted their price target on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, CMS Energy presently has an average rating of “Moderate Buy” and an average target price of $78.36.

About CMS Energy

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.