Natixis Advisors LLC Has $12.02 Million Holdings in CMS Energy Corporation $CMS

Natixis Advisors LLC lessened its position in shares of CMS Energy Corporation (NYSE:CMS) by 6.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,023 shares of the utilities provider’s stock after selling 12,134 shares during the period. Natixis Advisors LLC owned approximately 0.05% of CMS Energy worth $12,015,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in 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 purchasing an additional 126,172 shares during the last quarter. Geode Capital Management LLC boosted its stake in CMS Energy by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 8,020,765 shares of the utilities provider’s stock valued at $553,440,000 after purchasing an additional 130,059 shares during the period. Norges Bank acquired a new position in CMS Energy in the 2nd quarter valued at $238,951,000. Reaves W H & Co. Inc. increased its position in CMS Energy by 14.8% during the 3rd quarter. Reaves W H & Co. Inc. now owns 2,149,018 shares of the utilities provider’s stock worth $157,437,000 after buying an additional 276,476 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in CMS Energy by 1.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,925,841 shares of the utilities provider’s stock worth $133,422,000 after buying an additional 22,994 shares during the period. Institutional investors own 93.57% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Scott B. Mcintosh sold 1,750 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $78.20, for a total value of $136,850.00. Following the sale, the chief accounting officer directly owned 24,223 shares of the company’s stock, valued at $1,894,238.60. This trade represents a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John G. Russell sold 14,914 shares of CMS Energy stock in a transaction dated Friday, February 20th. The shares were 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 owned 131,568 shares in the company, valued at approximately $9,966,276. This represents a 10.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 20,664 shares of company stock worth $1,579,506. 0.40% of the stock is currently owned by company insiders.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $76.76 on Friday. The firm has a 50 day moving average of $73.59 and a 200-day moving average of $72.75. CMS Energy Corporation has a 12 month low of $67.71 and a 12 month high of $78.47. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $23.52 billion, a PE ratio of 21.75, a PEG ratio of 2.69 and a beta of 0.46.

CMS Energy (NYSE:CMS) last posted 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 net margin of 12.54% and a return on equity of 12.09%. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same quarter last year, the business posted $0.87 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, equities research analysts predict that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were issued a $0.57 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. 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 a number of recent research reports. BMO Capital Markets reissued an “outperform” rating and issued a $80.00 target price (up from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Bank of America set a $82.00 price objective on shares of CMS Energy in a research note on Friday, January 30th. Wall Street Zen downgraded shares of CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Mizuho increased 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. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $79.38.

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.