Intech Investment Management LLC Has $4.07 Million Stock Holdings in CMS Energy Corporation $CMS

Intech Investment Management LLC boosted its stake in CMS Energy Corporation (NYSE:CMS) by 91.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,233 shares of the utilities provider’s stock after purchasing an additional 27,829 shares during the quarter. Intech Investment Management LLC’s holdings in CMS Energy were worth $4,072,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CMS. Huntington National Bank grew its position in CMS Energy by 3.4% in the 4th quarter. Huntington National Bank now owns 17,287 shares of the utilities provider’s stock valued at $1,209,000 after purchasing an additional 571 shares during the period. Geode Capital Management LLC increased its stake in CMS Energy by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 8,323,146 shares of the utilities provider’s stock valued at $579,902,000 after purchasing an additional 183,589 shares in the last quarter. Bleakley Financial Group LLC increased its stake in CMS Energy by 2.6% during the 4th quarter. Bleakley Financial Group LLC now owns 17,051 shares of the utilities provider’s stock valued at $1,192,000 after purchasing an additional 433 shares in the last quarter. Harbour Investments Inc. increased its stake in CMS Energy by 107.1% during the 4th quarter. Harbour Investments Inc. now owns 2,730 shares of the utilities provider’s stock valued at $191,000 after purchasing an additional 1,412 shares in the last quarter. Finally, Allstate Corp increased its stake in CMS Energy by 85.0% during the 4th quarter. Allstate Corp now owns 20,040 shares of the utilities provider’s stock valued at $1,401,000 after purchasing an additional 9,210 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CMS has been the subject of a number of recent research reports. Truist Financial decreased their price target on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Mizuho boosted their price target on shares of CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Williams Trading set a $80.00 price target on shares of CMS Energy in a research note on Monday, February 9th. Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Finally, KeyCorp boosted their price target on shares of CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $80.83.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the sale, the senior vice president directly owned 67,111 shares in the company, valued at $4,987,018.41. The trade was a 4.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.50% of the stock is owned by insiders.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $70.60 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. The stock’s fifty day simple moving average is $75.56 and its two-hundred day simple moving average is $73.98. CMS Energy Corporation has a 1-year low of $68.41 and a 1-year high of $80.36. The stock has a market cap of $21.81 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 2.63 and a beta of 0.35.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same period last year, the business earned $1.02 EPS. The business’s revenue was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, analysts forecast that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, May 8th. CMS Energy’s payout ratio is presently 62.98%.

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.