CMS Energy Corporation $CMS Holdings Raised by BTG Pactual Asset Management US LLC

BTG Pactual Asset Management US LLC increased its stake in CMS Energy Corporation (NYSE:CMS) by 69.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 120,155 shares of the utilities provider’s stock after purchasing an additional 49,282 shares during the quarter. BTG Pactual Asset Management US LLC’s holdings in CMS Energy were worth $9,192,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sigma Planning Corp raised its position in shares of CMS Energy by 15.4% during the 2nd quarter. Sigma Planning Corp now owns 39,672 shares of the utilities provider’s stock worth $3,035,000 after buying an additional 5,300 shares in the last quarter. Two Sigma Securities LLC increased its stake in shares of CMS Energy by 343.3% during the second quarter. Two Sigma Securities LLC now owns 26,206 shares of the utilities provider’s stock valued at $2,005,000 after acquiring an additional 20,295 shares during the period. Flputnam Investment Management Co. acquired a new position in shares of CMS Energy during the second quarter valued at approximately $3,832,000. Wedbush Securities Inc. raised its holdings in CMS Energy by 8.4% during the second quarter. Wedbush Securities Inc. now owns 21,130 shares of the utilities provider’s stock worth $1,616,000 after purchasing an additional 1,634 shares in the last quarter. Finally, Greenleaf Trust raised its holdings in CMS Energy by 7.1% during the second quarter. Greenleaf Trust now owns 11,377 shares of the utilities provider’s stock worth $870,000 after purchasing an additional 752 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

CMS Energy Price Performance

NYSE CMS opened at $68.21 on Monday. CMS Energy Corporation has a 1 year low of $67.90 and a 1 year high of $80.36. The business’s fifty day moving average is $73.16 and its two-hundred day moving average is $74.65. The stock has a market capitalization of $21.39 billion, a P/E ratio of 20.48, a P/E/G ratio of 2.47 and a beta of 0.35. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.67 and a current ratio of 0.94.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The company’s revenue was down .5% compared to the same quarter last year. During the same period last year, the company posted $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, research analysts forecast that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal 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 given a $0.57 dividend. The ex-dividend date is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

Wall Street Analyst Weigh In

CMS has been the subject of a number of research reports. Weiss Ratings lowered CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. upped their price objective on CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Argus reaffirmed a “buy” rating and set a $80.00 target price on shares of CMS Energy in a research note on Wednesday, August 26th. Mizuho dropped their price target on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. Finally, Barclays upped their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CMS Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.69.

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.