National Pension Service Has $989,000 Stock Holdings in CMS Energy Corporation $CMS

National Pension Service lowered its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 96.5% in the 4th quarter, HoldingsChannel reports. The firm owned 14,137 shares of the utilities provider’s stock after selling 394,883 shares during the period. National Pension Service’s holdings in CMS Energy were worth $989,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Sound Income Strategies LLC grew its position in shares of CMS Energy by 84.4% during the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after buying an additional 157 shares during the period. Elyxium Wealth LLC acquired a new position in shares of CMS Energy during the 4th quarter valued at $29,000. Quest 10 Wealth Builders Inc. boosted its stake in CMS Energy by 653.2% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 405 shares in the last quarter. Dorato Capital Management bought a new position in CMS Energy during the fourth quarter worth $37,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in CMS Energy in the third quarter worth $40,000. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Trading Down 2.7%

CMS opened at $70.60 on Tuesday. 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 Corporation has a fifty-two week low of $68.41 and a fifty-two week high of $80.36. The firm has a market capitalization of $21.81 billion, a PE ratio of 19.50, a P/E/G ratio of 2.63 and a beta of 0.35. The company’s 50-day moving average is $75.56 and its 200 day moving average is $73.98.

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

CMS Energy Announces Dividend

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

Analyst Ratings Changes

CMS has been the subject of several research analyst reports. Williams Trading set a $80.00 price target on shares of CMS Energy in a research note on Monday, February 9th. Bank of America boosted their target price on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Barclays cut their price target on CMS Energy from $81.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. KeyCorp raised their price objective on CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Finally, Morgan Stanley set a $77.00 price objective on CMS Energy in a research note on Thursday, May 21st. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $80.83.

Insider Buying and Selling

In other CMS Energy 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 value of $222,930.00. Following the completion of the sale, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.50% of the company’s stock.

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.