CMS Energy Corporation $CMS is ExodusPoint Capital Management LP’s 9th Largest Position

ExodusPoint Capital Management LP raised its holdings in CMS Energy Corporation (NYSE:CMS) by 22.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 955,297 shares of the utilities provider’s stock after purchasing an additional 176,032 shares during the quarter. CMS Energy accounts for 0.5% of ExodusPoint Capital Management LP’s investment portfolio, making the stock its 9th largest position. ExodusPoint Capital Management LP’s holdings in CMS Energy were worth $66,804,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Quadrant Capital Group LLC grew its stake in CMS Energy by 3.3% in the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock valued at $298,000 after purchasing an additional 137 shares during the period. Hantz Financial Services Inc. grew its stake in CMS Energy by 1.5% in the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock valued at $662,000 after purchasing an additional 143 shares during the period. Florida Financial Advisors LLC grew its stake in CMS Energy by 4.9% in the 4th quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock valued at $220,000 after purchasing an additional 149 shares during the period. Cim LLC grew its stake in CMS Energy by 0.8% in the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after purchasing an additional 152 shares during the period. Finally, Norinchukin Bank The grew its stake in CMS Energy by 0.9% in the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock valued at $1,338,000 after purchasing an additional 156 shares during the period. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CMS shares. Bank of America upped their price objective on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Barclays cut their price target on CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Truist Financial cut their price target on CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, May 18th. JPMorgan Chase & Co. cut their price target on CMS Energy from $86.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Finally, Jefferies Financial Group downgraded CMS Energy from a “buy” rating to a “hold” rating and cut their price target for the stock from $88.00 to $74.00 in a research note on Thursday, June 4th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $80.17.

CMS Energy Stock Performance

NYSE:CMS opened at $74.00 on Wednesday. The stock has a market cap of $22.86 billion, a P/E ratio of 20.44, a PEG ratio of 2.67 and a beta of 0.35. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80. CMS Energy Corporation has a twelve month low of $68.41 and a twelve month high of $80.36. The business’s 50-day moving average price is $74.63 and its two-hundred day moving average price is $73.84.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.CMS Energy’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the firm posted $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, equities analysts predict that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 8th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, May 8th. CMS Energy’s dividend payout ratio (DPR) is currently 62.98%.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at approximately $4,987,018.41. This trade represents a 4.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.50% of the company’s stock.

CMS Energy Company Profile

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.