Trillium Asset Management LLC Sells 23,096 Shares of CMS Energy Corporation $CMS

Trillium Asset Management LLC decreased its stake in shares of CMS Energy Corporation (NYSE:CMS) by 13.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,220 shares of the utilities provider’s stock after selling 23,096 shares during the period. Trillium Asset Management LLC’s holdings in CMS Energy were worth $10,956,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Sound Income Strategies LLC increased its position in shares of CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 157 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of CMS Energy during the fourth quarter worth $29,000. Quest 10 Wealth Builders Inc. increased its position in shares of 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 stake in shares of CMS Energy during the fourth quarter worth $37,000. Finally, Physician Wealth Advisors Inc. increased its position in shares of CMS Energy by 29.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 703 shares of the utilities provider’s stock worth $49,000 after acquiring an additional 161 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on CMS shares. Jefferies Financial Group downgraded shares of CMS Energy from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $88.00 to $74.00 in a research report on Thursday, June 4th. KeyCorp reissued an “overweight” rating and set a $83.00 price objective on shares of CMS Energy in a research report on Monday. Wells Fargo & Company set a $80.00 price objective on shares of CMS Energy in a research report on Tuesday, April 21st. BMO Capital Markets lowered their price objective on shares of CMS Energy from $82.00 to $81.00 and set an “outperform” rating for the company in a research report on Thursday, June 4th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of CMS Energy from $86.00 to $82.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $80.17.

CMS Energy Stock Performance

Shares of CMS opened at $73.51 on Friday. CMS Energy Corporation has a 12 month low of $68.41 and a 12 month high of $80.36. The firm has a fifty day simple moving average of $74.81 and a 200 day simple moving average of $73.86. The stock has a market capitalization of $22.71 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 2.64 and a beta of 0.35. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80.

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

CMS Energy Announces Dividend

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

Insider Buying and Selling

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the transaction, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.50% of the company’s stock.

CMS Energy Company 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.