Rockefeller Capital Management L.P. Has $10.66 Million Holdings in CMS Energy Corporation $CMS

Rockefeller Capital Management L.P. decreased its position in shares of CMS Energy Corporation (NYSE:CMS) by 71.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 153,865 shares of the utilities provider’s stock after selling 387,221 shares during the quarter. Rockefeller Capital Management L.P. owned 0.05% of CMS Energy worth $10,660,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of CMS Energy by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 38,341,416 shares of the utilities provider’s stock valued at $2,879,824,000 after buying an additional 166,328 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in CMS Energy by 16.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,554,877 shares of the utilities provider’s stock valued at $1,243,438,000 after acquiring an additional 2,297,928 shares during the last quarter. Geode Capital Management LLC raised its position in CMS Energy by 1.6% during the second quarter. Geode Capital Management LLC now owns 8,020,765 shares of the utilities provider’s stock valued at $553,440,000 after purchasing an additional 130,059 shares in the last quarter. Goldman Sachs Group Inc. raised its position in CMS Energy by 20.2% during the first quarter. Goldman Sachs Group Inc. now owns 4,483,585 shares of the utilities provider’s stock valued at $336,762,000 after purchasing an additional 753,173 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in CMS Energy by 29.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,407,152 shares of the utilities provider’s stock worth $255,911,000 after purchasing an additional 783,077 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Lauren Y. Snyder sold 2,220 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $962,865.12. The trade was a 14.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’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 directly owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Barclays lifted their target price on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. KeyCorp increased their target price on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Morgan Stanley raised their price target on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Finally, Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Eight investment 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 currently has a consensus rating of “Moderate Buy” and an average target price of $78.36.

CMS Energy Stock Performance

Shares of CMS stock opened at $72.89 on Thursday. The firm has a market capitalization of $22.18 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 2.76 and a beta of 0.42. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. The business’s 50-day moving average price is $73.06 and its 200-day moving average price is $71.85. CMS Energy Corporation has a 12 month low of $63.97 and a 12 month high of $76.45.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the firm posted $0.84 earnings per share. The firm’s revenue was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. Equities research analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Dividend Announcement

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

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.