Cbre Investment Management Listed Real Assets LLC Reduces Position in CMS Energy Corporation $CMS

Cbre Investment Management Listed Real Assets LLC decreased its position in CMS Energy Corporation (NYSE:CMS) by 1.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 984,104 shares of the utilities provider’s stock after selling 16,256 shares during the period. Cbre Investment Management Listed Real Assets LLC owned approximately 0.33% of CMS Energy worth $68,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CMS. AlphaQuest LLC increased its holdings in shares of CMS Energy by 285.5% in the first quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 334 shares during the period. Trust Co. of Vermont increased its holdings in CMS Energy by 127.7% in the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after buying an additional 300 shares during the period. WPG Advisers LLC purchased a new position in CMS Energy during the 1st quarter worth approximately $47,000. Caitong International Asset Management Co. Ltd purchased a new position in CMS Energy during the 2nd quarter worth approximately $58,000. Finally, TD Private Client Wealth LLC acquired a new stake in CMS Energy during the 1st quarter valued at approximately $82,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Trading Down 0.3%

Shares of CMS Energy stock opened at $72.35 on Friday. CMS Energy Corporation has a fifty-two week low of $63.97 and a fifty-two week high of $76.45. 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 company has a market cap of $22.02 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 2.76 and a beta of 0.42. The firm has a 50-day simple moving average of $72.56 and a two-hundred day simple moving average of $71.80.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.CMS Energy’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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, equities analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th will be given a dividend of $0.5425 per share. The ex-dividend date is Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is 62.72%.

Insiders Place Their Bets

In other news, SVP Lauren Y. Snyder sold 2,220 shares of CMS Energy stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the sale, the senior vice president owned 13,512 shares in the company, valued at $962,865.12. This trade represents a 14.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction dated 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 owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CMS. KeyCorp increased their price objective on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Wall Street Zen raised shares of CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Morgan Stanley boosted their price objective on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Finally, Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.