Global Retirement Partners LLC Has $212,000 Holdings in CMS Energy Corporation $CMS

Global Retirement Partners LLC cut its holdings in CMS Energy Corporation (NYSE:CMSFree Report) by 75.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,032 shares of the utilities provider’s stock after selling 9,237 shares during the quarter. Global Retirement Partners LLC’s holdings in CMS Energy were worth $212,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cidel Asset Management Inc. lifted its stake in CMS Energy by 7.5% in the third quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock valued at $25,401,000 after buying an additional 24,071 shares during the period. Swiss Life Asset Management Ltd lifted its stake in CMS Energy by 62.2% in the third quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock valued at $5,462,000 after buying an additional 28,577 shares during the period. Aberdeen Group plc lifted its stake in CMS Energy by 14.5% in the fourth quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock valued at $61,363,000 after buying an additional 111,075 shares during the period. iA Global Asset Management Inc. lifted its stake in CMS Energy by 2.3% in the fourth quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock valued at $92,529,000 after buying an additional 30,000 shares during the period. Finally, Vanguard Group Inc. lifted its stake in CMS Energy by 0.3% in the third quarter. Vanguard Group Inc. now owns 39,170,301 shares of the utilities provider’s stock valued at $2,869,616,000 after buying an additional 126,172 shares during the period. 93.57% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s 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 completion of the sale, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Morgan Stanley set a $77.00 target price on CMS Energy in a research report on Thursday, May 21st. BMO Capital Markets lowered their target price on CMS Energy from $85.00 to $82.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. JPMorgan Chase & Co. lowered their target price on CMS Energy from $86.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Wells Fargo & Company set a $80.00 target price on CMS Energy in a research report on Tuesday, April 21st. Finally, UBS Group reaffirmed a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, CMS Energy has a consensus rating of “Moderate Buy” and a consensus target price of $80.83.

Check Out Our Latest Stock Report on CMS

CMS Energy Price Performance

Shares of NYSE:CMS opened at $72.60 on Monday. The stock’s 50 day moving average is $75.70 and its 200-day moving average is $74.01. CMS Energy Corporation has a twelve month low of $68.37 and a twelve month high of $80.36. The firm has a market capitalization of $22.43 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 2.63 and a beta of 0.35. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80.

CMS Energy (NYSE:CMSGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the prior year, the company posted $1.02 earnings per share. CMS Energy’s revenue was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Sell-side analysts forecast that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 8th were issued a dividend of $0.57 per share. The ex-dividend date was Friday, May 8th. This represents a $2.28 annualized dividend and a yield of 3.1%. CMS Energy’s dividend payout ratio is 62.98%.

About CMS Energy

(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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