Janus Henderson Group PLC Sells 87,542 Shares of CMS Energy Corporation $CMS

Janus Henderson Group PLC reduced its stake in shares of CMS Energy Corporation (NYSE:CMS) by 16.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 434,950 shares of the utilities provider’s stock after selling 87,542 shares during the period. Janus Henderson Group PLC’s holdings in CMS Energy were worth $33,745,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of CMS Energy during the fourth quarter worth $316,057,000. Magellan Asset Management Ltd lifted its position in CMS Energy by 698.7% in the 1st quarter. Magellan Asset Management Ltd now owns 2,019,954 shares of the utilities provider’s stock valued at $156,708,000 after acquiring an additional 1,767,059 shares in the last quarter. Vanguard Group Inc. lifted its position 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 valued at $2,844,213,000 after acquiring an additional 1,501,991 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in CMS Energy by 70.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider’s stock worth $249,738,000 after purchasing an additional 1,481,779 shares during the period. Finally, Parnassus Investments LLC acquired a new position in CMS Energy in the 4th quarter worth $102,983,000. Institutional investors own 93.57% of the company’s stock.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the 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 transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.50% of the company’s stock.

CMS Energy Trading Up 0.1%

Shares of CMS Energy stock opened at $72.09 on Monday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The business has a fifty day simple moving average of $74.23 and a two-hundred day simple moving average of $74.85. CMS Energy Corporation has a 1 year low of $68.64 and a 1 year high of $80.36. The company has a market capitalization of $22.61 billion, a price-to-earnings ratio of 21.65, a P/E/G ratio of 2.61 and a beta of 0.35.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The company’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Research analysts forecast that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be paid a $0.57 dividend. The ex-dividend date is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a yield of 3.2%. CMS Energy’s dividend payout ratio is 68.47%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CMS shares. Jefferies Financial Group set a $78.00 target price on CMS Energy in a report on Thursday, July 16th. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. Bank of America increased their price objective on CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Morgan Stanley set a $77.00 target price on CMS Energy in a research note on Thursday, May 21st. Finally, Barclays upped their price target on CMS Energy from $79.00 to $81.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, CMS Energy currently has an average rating of “Moderate Buy” and a consensus target price of $81.83.

CMS Energy 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.