CMS Energy Corporation $CMS Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in CMS Energy Corporation (NYSE:CMS) by 119.2% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 736,195 shares of the utilities provider’s stock after buying an additional 400,318 shares during the quarter. SG Americas Securities LLC’s holdings in CMS Energy were worth $57,114,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Swiss Life Asset Management Ltd raised its holdings in shares of CMS Energy by 62.2% during the third quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock valued at $5,462,000 after buying an additional 28,577 shares during the last quarter. iA Global Asset Management Inc. boosted its position in shares of CMS Energy by 2.3% during the fourth quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock worth $92,529,000 after buying an additional 30,000 shares during the period. Aberdeen Group plc grew its holdings in CMS Energy by 14.5% in the 4th quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock worth $61,363,000 after buying an additional 111,075 shares in the last quarter. Vanguard Group Inc. grew its holdings in CMS Energy by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock worth $2,844,213,000 after buying an additional 1,501,991 shares in the last quarter. Finally, RIA Advisory Group LLC acquired a new stake in CMS Energy in the 4th quarter valued at approximately $974,000. 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 3,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares of the company’s stock, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on CMS shares. Barclays cut their target price on CMS Energy from $81.00 to $79.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Weiss Ratings reissued a “buy (b)” rating on shares of CMS Energy in a report on Friday, June 5th. Jefferies Financial Group lowered CMS Energy from a “buy” rating to a “hold” rating and lowered their price target for the company from $88.00 to $74.00 in a report on Thursday, June 4th. BMO Capital Markets reduced their price objective on shares of CMS Energy from $82.00 to $81.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Finally, Wells Fargo & Company set a $80.00 target price on shares of CMS Energy in a research report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and a consensus price target of $80.17.

CMS Energy Price Performance

Shares of CMS Energy stock opened at $73.94 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. The company’s 50-day moving average price is $74.19 and its two-hundred day moving average price is $73.82. CMS Energy Corporation has a 52 week low of $68.41 and a 52 week high of $80.36. The stock has a market cap of $22.84 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 2.66 and a beta of 0.35.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.02. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates 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 quarter 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, sell-side analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently announced 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 yield of 3.1%. The ex-dividend date was Friday, May 8th. CMS Energy’s dividend payout ratio (DPR) is presently 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.