Vaughan Nelson Investment Management L.P. raised its stake in shares of CMS Energy Corporation (NYSE:CMS – Free Report) by 28.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,023,324 shares of the utilities provider’s stock after buying an additional 227,795 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in CMS Energy were worth $79,389,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of CMS. Fisher Funds Management LTD increased its stake in shares of CMS Energy by 3.4% in the 1st quarter. Fisher Funds Management LTD now owns 525,747 shares of the utilities provider’s stock valued at $40,787,000 after acquiring an additional 17,189 shares during the last quarter. Hsbc Holdings PLC boosted its stake in CMS Energy by 42.7% during the 4th quarter. Hsbc Holdings PLC now owns 729,009 shares of the utilities provider’s stock worth $51,031,000 after acquiring an additional 218,168 shares during the last quarter. Corient Private Wealth LLC grew its holdings in CMS Energy by 7.2% during the fourth quarter. Corient Private Wealth LLC now owns 58,116 shares of the utilities provider’s stock valued at $4,066,000 after purchasing an additional 3,881 shares during the period. Rehmann Capital Advisory Group acquired a new position in CMS Energy during the fourth quarter valued at approximately $330,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in CMS Energy by 525.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,922 shares of the utilities provider’s stock valued at $274,000 after purchasing an additional 3,295 shares in the last quarter. 93.57% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the transaction, the senior vice president owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This trade represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on CMS Energy
CMS Energy Stock Up 0.0%
CMS stock opened at $73.40 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80. The business has a 50 day moving average price of $74.31 and a two-hundred day moving average price of $73.81. The company has a market cap of $22.67 billion, a price-to-earnings ratio of 20.28, a P/E/G ratio of 2.66 and a beta of 0.35. CMS Energy Corporation has a twelve month low of $68.41 and a twelve month high of $80.36.
CMS Energy (NYSE:CMS – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the prior year, the business posted $1.02 EPS. The business’s revenue was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.
CMS Energy Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Friday, May 8th. CMS Energy’s dividend payout ratio is 62.98%.
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.
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