CMS Energy Corporation $CMS Shares Purchased by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc raised its position in CMS Energy Corporation (NYSE:CMS) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 415,064 shares of the utilities provider’s stock after purchasing an additional 17,964 shares during the period. Ensign Peak Advisors Inc owned about 0.14% of CMS Energy worth $28,756,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of CMS. Price T Rowe Associates Inc. MD lifted its stake in shares of CMS Energy by 16.1% during 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 buying an additional 2,297,928 shares during the period. Nuveen LLC purchased a new position in shares of CMS Energy during the 1st quarter worth $106,745,000. Lord Abbett & CO. LLC lifted its stake in shares of CMS Energy by 72.9% during the 1st quarter. Lord Abbett & CO. LLC now owns 2,302,338 shares of the utilities provider’s stock worth $172,929,000 after purchasing an additional 970,510 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of CMS Energy by 29.8% in 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 valued at $255,911,000 after purchasing an additional 783,077 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of CMS Energy by 20.2% in 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 during the period. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CMS Energy

In related news, SVP Lauren Y. Snyder sold 2,220 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction 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. This trade represents 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 business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of 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 corporate insiders.

CMS Energy Trading Up 0.7%

Shares of CMS opened at $74.00 on Friday. CMS Energy Corporation has a 12 month low of $63.97 and a 12 month high of $76.45. The stock’s 50-day moving average is $73.14 and its two-hundred day moving average is $71.87. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77. The stock has a market cap of $22.52 billion, a PE ratio of 21.89, a P/E/G ratio of 2.76 and a beta of 0.42.

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

CMS Energy Announces Dividend

The company 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. This represents a $2.17 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, November 7th. CMS Energy’s payout ratio is presently 62.72%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CMS. Barclays increased their price objective 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Morgan Stanley increased their target price on CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $78.36.

CMS Energy Company 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.