Partners Group Holding AG Sells 36,410 Shares of CMS Energy Corporation $CMS

Partners Group Holding AG reduced its position in shares of CMS Energy Corporation (NYSE:CMS) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 498,234 shares of the utilities provider’s stock after selling 36,410 shares during the quarter. CMS Energy accounts for approximately 2.4% of Partners Group Holding AG’s investment portfolio, making the stock its 17th biggest holding. Partners Group Holding AG’s holdings in CMS Energy were worth $34,842,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Covestor Ltd raised its position in CMS Energy by 166.5% during the fourth quarter. Covestor Ltd now owns 1,130 shares of the utilities provider’s stock worth $79,000 after acquiring an additional 706 shares in the last quarter. ProShare Advisors LLC raised its position in shares of CMS Energy by 9.7% in the fourth quarter. ProShare Advisors LLC now owns 57,904 shares of the utilities provider’s stock valued at $4,049,000 after purchasing an additional 5,099 shares during the period. HighTower Advisors LLC raised its position in shares of CMS Energy by 4.7% in the fourth quarter. HighTower Advisors LLC now owns 108,629 shares of the utilities provider’s stock valued at $7,596,000 after purchasing an additional 4,863 shares during the period. North Dakota State Investment Board bought a new position in shares of CMS Energy in the fourth quarter valued at about $713,000. Finally, Elyxium Wealth LLC bought a new position in shares of CMS Energy in the fourth quarter valued at about $29,000. 93.57% of the stock is owned by institutional investors.

Insider Activity

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $78.23, for a total transaction of $312,920.00. Following the sale, the senior vice president directly owned 70,670 shares in the company, valued at $5,528,514.10. This represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John G. Russell sold 14,914 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the sale, the director owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. This represents a 10.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 20,664 shares of company stock valued at $1,579,506. Corporate insiders own 0.50% of the company’s stock.

CMS Energy Trading Up 1.7%

CMS stock opened at $73.39 on Wednesday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84. The company’s 50-day simple moving average is $76.25 and its 200 day simple moving average is $73.97. CMS Energy Corporation has a 52 week low of $68.37 and a 52 week high of $80.36. The company has a market capitalization of $22.67 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 2.61 and a beta of 0.37.

CMS Energy (NYSE:CMS) 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. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, sell-side analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, May 8th. CMS Energy’s dividend payout ratio is presently 62.98%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CMS shares. Bank of America increased their price objective on shares of CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. BMO Capital Markets dropped their price objective on shares of CMS Energy from $85.00 to $82.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Wells Fargo & Company set a $80.00 price objective on shares of CMS Energy in a research report on Tuesday, April 21st. Mizuho increased their price objective on shares of CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Finally, Jefferies Financial Group increased their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and an average target price of $81.08.

About CMS Energy

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.