Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 7,434 Shares of CMS Energy Corporation $CMS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of CMS Energy Corporation (NYSE:CMSFree Report) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 568,905 shares of the utilities provider’s stock after purchasing an additional 7,434 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.19% of CMS Energy worth $39,784,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CMS. Bison Wealth LLC bought a new stake in shares of CMS Energy during the fourth quarter worth $312,000. Integrated Wealth Concepts LLC bought a new stake in shares of CMS Energy in the first quarter valued at about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of CMS Energy by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after acquiring an additional 3,367 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of CMS Energy by 22.0% in the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after acquiring an additional 1,226 shares in the last quarter. Finally, Woodline Partners LP raised its holdings in shares of CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after acquiring an additional 7,300 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CMS. Williams Trading set a $80.00 price objective on CMS Energy in a report on Monday, February 9th. Morgan Stanley set a $77.00 price objective on CMS Energy in a report on Thursday, May 21st. BMO Capital Markets decreased their price objective on CMS Energy from $85.00 to $82.00 and set an “outperform” rating for the company in a report on Monday, May 11th. Mizuho lifted their price objective on CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, KeyCorp lifted their price objective on CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.83.

Check Out Our Latest Analysis on CMS Energy

Insider Transactions at CMS Energy

In other CMS Energy news, CAO Scott B. Mcintosh sold 1,750 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $78.20, for a total value of $136,850.00. Following the completion of the transaction, the chief accounting officer directly owned 24,223 shares in the company, valued at approximately $1,894,238.60. The trade was a 6.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the sale, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. The trade was a 4.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.50% of the company’s stock.

CMS Energy Stock Performance

Shares of CMS Energy stock opened at $72.60 on Friday. The company has a market capitalization of $22.43 billion, a PE ratio of 20.05, a P/E/G ratio of 2.63 and a beta of 0.37. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84. The company has a 50-day simple moving average of $75.70 and a two-hundred day simple moving average of $74.02. CMS Energy Corporation has a one year low of $68.37 and a one year high of $80.36.

CMS Energy (NYSE:CMSGet Free Report) last announced its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.02. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The firm’s revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Research analysts expect that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were issued a $0.57 dividend. The ex-dividend date was Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. CMS Energy’s payout ratio is currently 62.98%.

CMS Energy Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for CMS Energy (NYSE:CMS)

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