CMS Energy Corporation $CMS Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC cut its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 18.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,404 shares of the utilities provider’s stock after selling 6,909 shares during the quarter. Intech Investment Management LLC’s holdings in CMS Energy were worth $2,227,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HM Payson & Co. boosted its stake in CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after buying an additional 141 shares during the period. First Horizon Corp acquired a new position in shares of CMS Energy in the 3rd quarter worth approximately $26,000. Covestor Ltd boosted its position in shares of CMS Energy by 52.0% during the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares during the period. Tobam boosted its position in shares of CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 145 shares during the period. Finally, Physician Wealth Advisors Inc. acquired a new stake in CMS Energy in the 3rd quarter valued at approximately $40,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at CMS Energy

In related news, Director John G. Russell sold 14,914 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $75.75, for a total transaction of $1,129,735.50. Following the transaction, the director owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. This represents a 10.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Diane Leopold bought 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were purchased at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the transaction, the director owned 2,769 shares of the company’s stock, valued at $212,382.30. The trade was a 260.08% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.49% of the stock is currently owned by corporate insiders.

CMS Energy Stock Performance

CMS opened at $77.77 on Wednesday. CMS Energy Corporation has a 1-year low of $67.71 and a 1-year high of $78.47. The stock has a market cap of $23.83 billion, a P/E ratio of 22.03, a P/E/G ratio of 2.77 and a beta of 0.46. The stock’s 50 day simple moving average is $72.62 and its 200 day simple moving average is $72.55. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76.

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

CMS Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were given a dividend of $0.57 per share. The ex-dividend date was Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s dividend payout ratio (DPR) is 64.59%.

Analysts Set New Price Targets

CMS has been the subject of several research analyst reports. Barclays raised their price target on CMS Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Wells Fargo & Company lowered their target price on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, January 20th. Morgan Stanley set a $80.00 price objective on CMS Energy in a research report on Friday, February 20th. JPMorgan Chase & Co. raised their price objective on shares of CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Finally, Mizuho lifted their target price on CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $79.38.

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.