Trillium Asset Management LLC Makes New $17.34 Million Investment in CMS Energy Corporation $CMS

Trillium Asset Management LLC acquired a new stake in CMS Energy Corporation (NYSE:CMS) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 226,709 shares of the utilities provider’s stock, valued at approximately $17,343,000.

Other institutional investors have also recently modified their holdings of the company. Vise Technologies Inc. bought a new position in shares of CMS Energy in the second quarter worth $1,185,000. West Family Investments Inc. bought a new position in CMS Energy in the 2nd quarter valued at about $207,000. NewEdge Wealth LLC acquired a new position in shares of CMS Energy in the 2nd quarter valued at approximately $479,000. Danske Bank A S bought a new stake in shares of CMS Energy during the 2nd quarter worth approximately $1,530,000. Finally, Diversify Advisory Services LLC bought a new stake in shares of CMS Energy during the 2nd quarter worth approximately $313,000. 93.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CMS shares. UBS Group reissued a “neutral” rating and issued a $84.00 price objective on shares of CMS Energy in a research note on Wednesday, July 29th. BMO Capital Markets raised their target price on CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Monday, July 20th. Barclays lifted their price target on CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Truist Financial lowered their price target on CMS Energy from $85.00 to $81.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. upped their price objective on CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $81.67.

Insider Buying and Selling

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

CMS Energy Stock Down 1.0%

Shares of NYSE:CMS opened at $69.87 on Friday. The firm has a market cap of $21.91 billion, a P/E ratio of 20.98, a P/E/G ratio of 2.56 and a beta of 0.35. CMS Energy Corporation has a 12-month low of $68.64 and a 12-month high of $80.36. The business has a fifty day simple moving average of $73.76 and a 200 day simple moving average of $74.79. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81.

CMS Energy (NYSE:CMS) last announced its earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the prior year, the business posted $0.71 earnings per share. The firm’s revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.3%. CMS Energy’s dividend payout ratio (DPR) is currently 68.47%.

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.