Energy Income Partners LLC grew its holdings in shares of CMS Energy Corporation (NYSE:CMS – Free Report) by 3.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 654,281 shares of the utilities provider’s stock after purchasing an additional 21,386 shares during the period. Energy Income Partners LLC owned approximately 0.22% of CMS Energy worth $45,329,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in CMS Energy by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock valued at $2,704,977,000 after buying an additional 702,713 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of 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 in the last quarter. Geode Capital Management LLC increased its stake in shares of 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 acquiring an additional 130,059 shares during the period. Goldman Sachs Group Inc. raised its holdings 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 worth $336,762,000 after purchasing an additional 753,173 shares in the last quarter. Finally, Norges Bank acquired a new stake in CMS Energy in the second quarter worth approximately $238,951,000. Institutional investors and hedge funds own 93.57% of the company’s stock.
Insider Transactions at CMS Energy
In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the sale, the senior vice president owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.40% of the stock is currently owned by insiders.
CMS Energy Stock Up 0.2%
CMS Energy (NYSE:CMS – Get Free Report) last issued its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.83 billion. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. As a group, analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.
CMS Energy Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were given a $0.5425 dividend. The ex-dividend date was Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a yield of 3.1%. CMS Energy’s dividend payout ratio is presently 62.72%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on CMS shares. Morgan Stanley lifted their price target on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Barclays boosted their target price 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 lifted their target price on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.50.
View Our Latest Stock Analysis on CMS Energy
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.
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