Epoch Investment Partners Inc. Sells 7,230 Shares of CMS Energy Corporation $CMS

Epoch Investment Partners Inc. decreased its position in CMS Energy Corporation (NYSE:CMS) by 3.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,580 shares of the utilities provider’s stock after selling 7,230 shares during the period. Epoch Investment Partners Inc.’s holdings in CMS Energy were worth $12,698,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Cidel Asset Management Inc. boosted its stake in CMS Energy by 7.5% in the 3rd quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock worth $25,401,000 after purchasing an additional 24,071 shares in the last quarter. Swiss Life Asset Management Ltd lifted its stake in CMS Energy by 62.2% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock valued at $5,462,000 after acquiring an additional 28,577 shares during the period. iA Global Asset Management Inc. lifted its stake in CMS Energy by 2.3% during the 4th quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock valued at $92,529,000 after acquiring an additional 30,000 shares during the period. Aberdeen Group plc lifted its stake in CMS Energy by 14.5% during the 4th quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock valued at $61,363,000 after acquiring an additional 111,075 shares during the period. Finally, Vanguard Group Inc. lifted its stake in CMS Energy by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after acquiring an additional 1,501,991 shares during the period. Institutional investors own 93.57% of the company’s stock.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were 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 of the company’s stock, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.50% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Truist Financial lowered their target price on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Morgan Stanley set a $77.00 target price on shares of CMS Energy in a research note on Thursday, May 21st. Weiss Ratings restated a “buy (b)” rating on shares of CMS Energy in a research note on Friday, June 5th. Bank of America upped their target price on shares of CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. lowered their target price on shares of CMS Energy from $86.00 to $82.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, CMS Energy has an average rating of “Moderate Buy” and a consensus target price of $80.17.

CMS Energy Price Performance

NYSE CMS opened at $73.51 on Monday. CMS Energy Corporation has a 52 week low of $68.41 and a 52 week high of $80.36. The firm has a market capitalization of $22.71 billion, a P/E ratio of 20.31, a PEG ratio of 2.66 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. The company has a 50-day moving average price of $74.81 and a 200-day moving average price of $73.86.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.11 by $0.02. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the prior year, the firm earned $1.02 EPS. The business’s revenue for the quarter 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. Equities research analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. CMS Energy’s dividend 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.