CMS Energy Corporation $CMS Shares Purchased by ING Groep NV

ING Groep NV lifted its stake in CMS Energy Corporation (NYSE:CMS) by 8.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 639,197 shares of the utilities provider’s stock after purchasing an additional 52,338 shares during the quarter. ING Groep NV owned about 0.21% of CMS Energy worth $46,828,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CMS. Norges Bank acquired a new position in CMS Energy during the 2nd quarter valued at approximately $238,951,000. Qube Research & Technologies Ltd increased its position in shares of CMS Energy by 1,048.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock valued at $101,213,000 after acquiring an additional 1,333,743 shares during the period. Soroban Capital Partners LP raised its stake in CMS Energy by 215.8% in the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock worth $99,429,000 after acquiring an additional 980,733 shares during the last quarter. Vanguard Group Inc. raised its stake in CMS Energy by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock worth $2,704,977,000 after acquiring an additional 702,713 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its position in CMS Energy by 3,585.4% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 443,054 shares of the utilities provider’s stock worth $32,458,000 after acquiring an additional 431,032 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CMS. KeyCorp increased their price objective on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Williams Trading set a $80.00 target price on CMS Energy in a research report on Monday. BMO Capital Markets reiterated an “outperform” rating and issued a $80.00 price target (up previously from $79.00) on shares of CMS Energy in a report on Monday. Morgan Stanley raised their price target on shares of CMS Energy from $74.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, February 2nd. Finally, Jefferies Financial Group lifted their price objective on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.43.

CMS Energy Price Performance

NYSE:CMS opened at $73.76 on Wednesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.34 and a quick ratio of 0.60. The company has a 50 day moving average price of $70.82 and a 200-day moving average price of $72.22. CMS Energy Corporation has a 1-year low of $67.71 and a 1-year high of $76.45. The firm has a market cap of $22.45 billion, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 2.58 and a beta of 0.47.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities research analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be given a dividend of $0.57 per share. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date is Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. CMS Energy’s payout ratio is 64.59%.

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.