Partners Group Holding AG Sells 77,318 Shares of CMS Energy Corporation $CMS

Partners Group Holding AG trimmed its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 12.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 534,644 shares of the utilities provider’s stock after selling 77,318 shares during the period. CMS Energy comprises about 2.2% of Partners Group Holding AG’s portfolio, making the stock its 15th biggest holding. Partners Group Holding AG’s holdings in CMS Energy were worth $39,168,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of CMS Energy by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 39,170,301 shares of the utilities provider’s stock worth $2,869,616,000 after acquiring an additional 126,172 shares in the last quarter. Geode Capital Management LLC boosted its position in CMS Energy by 1.6% during the second quarter. Geode Capital Management LLC now owns 8,020,765 shares of the utilities provider’s stock worth $553,440,000 after purchasing an additional 130,059 shares during the period. Norges Bank bought a new stake in CMS Energy during the second quarter worth approximately $238,951,000. Reaves W H & Co. Inc. raised its position in shares of CMS Energy by 14.8% in the third quarter. Reaves W H & Co. Inc. now owns 2,149,018 shares of the utilities provider’s stock valued at $157,437,000 after purchasing an additional 276,476 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of CMS Energy by 1.2% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,925,841 shares of the utilities provider’s stock valued at $133,422,000 after purchasing an additional 22,994 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $76.62 on Thursday. The firm has a market capitalization of $23.48 billion, a PE ratio of 21.71, a PEG ratio of 2.72 and a beta of 0.47. CMS Energy Corporation has a 1-year low of $67.71 and a 1-year high of $77.28. The business’s 50 day moving average is $71.99 and its 200-day moving average is $72.41. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89.

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, beating the consensus estimate of $0.94 by $0.01. The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Sell-side analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.57 per share. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, February 17th. CMS Energy’s dividend payout ratio is 64.59%.

Insiders Place Their Bets

In other news, Director John G. Russell sold 14,914 shares of the stock in a transaction that occurred 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 completion of the transaction, the director directly owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. This represents a 10.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a report on Friday, February 20th. Mizuho boosted their target price on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Wells Fargo & Company lowered their price target on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. Finally, Jefferies Financial Group upped their price target on CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.08.

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.