CMS Energy Corporation $CMS Shares Sold by Bruce & Co. Inc.

Bruce & Co. Inc. trimmed its position in shares of CMS Energy Corporation (NYSE:CMS) by 13.3% during the second quarter, HoldingsChannel.com reports. The firm owned 196,000 shares of the utilities provider’s stock after selling 30,000 shares during the period. CMS Energy makes up approximately 4.4% of Bruce & Co. Inc.’s portfolio, making the stock its 10th biggest holding. Bruce & Co. Inc.’s holdings in CMS Energy were worth $13,579,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC increased its position in CMS Energy by 503.4% in the 1st quarter. Jane Street Group LLC now owns 175,804 shares of the utilities provider’s stock valued at $13,205,000 after acquiring an additional 146,667 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of CMS Energy by 10.9% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock worth $40,971,000 after purchasing an additional 58,024 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in CMS Energy by 7.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 30,873 shares of the utilities provider’s stock valued at $2,176,000 after purchasing an additional 2,093 shares during the period. Vanguard Group Inc. increased its holdings in CMS Energy by 1.8% in the second quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock valued at $2,704,977,000 after purchasing an additional 702,713 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in CMS Energy during the 2nd quarter worth $1,852,000. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Price Performance

CMS stock opened at $69.85 on Friday. The stock has a market capitalization of $21.26 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 2.66 and a beta of 0.47. The company’s 50-day moving average is $73.44 and its 200-day moving average is $72.01. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.90 and a quick ratio of 0.60. CMS Energy Corporation has a 1 year low of $63.97 and a 1 year high of $76.45.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, October 30th. The utilities provider reported $0.93 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 12.10% and a net margin of 12.62%.The firm’s revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the company posted $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. Equities research analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were given a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, November 7th. CMS Energy’s dividend payout ratio is presently 62.72%.

Insider Activity

In related 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 value 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 approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wall Street Zen lowered CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Morgan Stanley lifted their target price on shares of CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Finally, KeyCorp lifted their price objective on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, CMS Energy has a consensus rating of “Moderate Buy” and a consensus price target of $78.50.

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.