CMS Energy Corporation $CMS Shares Acquired by Aviva PLC

Aviva PLC grew its holdings in CMS Energy Corporation (NYSE:CMS) by 6.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 764,887 shares of the utilities provider’s stock after purchasing an additional 49,162 shares during the quarter. Aviva PLC owned 0.26% of CMS Energy worth $52,991,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CMS. AGF Management Ltd. boosted its position in CMS Energy by 13.0% in the 2nd quarter. AGF Management Ltd. now owns 53,563 shares of the utilities provider’s stock valued at $3,711,000 after buying an additional 6,164 shares during the period. Fox Run Management L.L.C. purchased a new stake in shares of CMS Energy during the second quarter worth $372,000. Bryn Mawr Trust Advisors LLC acquired a new stake in shares of CMS Energy in the second quarter valued at $357,000. Quaero Capital S.A. purchased a new position in CMS Energy in the second quarter valued at $496,000. Finally, Andra AP fonden grew its stake in CMS Energy by 123.1% during the 2nd quarter. Andra AP fonden now owns 83,173 shares of the utilities provider’s stock worth $5,762,000 after purchasing an additional 45,899 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on CMS shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. 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 report on Wednesday, October 22nd. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Barclays boosted their price target on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Finally, KeyCorp raised their price objective on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and an average price target of $78.36.

Insider Transactions at CMS Energy

In other news, SVP Lauren Y. Snyder sold 2,220 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $71.26, for a total value 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. The trade was a 14.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction that occurred 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 in the company, 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. 0.40% of the stock is currently owned by insiders.

CMS Energy Stock Performance

Shares of CMS Energy stock opened at $73.20 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.00 and a debt-to-equity ratio of 1.93. CMS Energy Corporation has a 52 week low of $63.97 and a 52 week high of $76.45. The firm’s 50 day moving average is $72.59 and its two-hundred day moving average is $71.80. The firm has a market capitalization of $22.28 billion, a P/E ratio of 21.66, a P/E/G ratio of 2.76 and a beta of 0.42.

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 business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.83 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The company’s revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Research analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company 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. The ex-dividend date of this dividend is Friday, November 7th. This represents a $2.17 annualized dividend and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is presently 62.72%.

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.