Fjarde AP Fonden Fourth Swedish National Pension Fund Invests $1.97 Million in CMS Energy Corporation $CMS

Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new position in shares of CMS Energy Corporation (NYSE:CMSFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 25,400 shares of the utilities provider’s stock, valued at approximately $1,971,000.

Several other institutional investors have also bought and sold shares of CMS. Sound Income Strategies LLC grew its position in CMS Energy by 84.4% in the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 157 shares during the period. Elyxium Wealth LLC bought a new position in shares of CMS Energy during the fourth quarter valued at $29,000. DV Equities LLC acquired a new stake in shares of CMS Energy in the 4th quarter valued at $29,000. MidFirst Bank acquired a new stake in shares of CMS Energy in the 4th quarter valued at $31,000. Finally, Quest 10 Wealth Builders Inc. grew its holdings in shares of CMS Energy by 653.2% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 405 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s 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 transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group downgraded shares of CMS Energy from a “buy” rating to a “hold” rating and cut their price target for the company from $88.00 to $74.00 in a report on Thursday, June 4th. Wall Street Zen raised shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CMS Energy in a report on Friday, June 5th. Truist Financial reduced their target price on CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Finally, Wells Fargo & Company set a $80.00 target price on CMS Energy in a report on Tuesday, April 21st. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, CMS Energy currently has an average rating of “Moderate Buy” and a consensus target price of $80.17.

Get Our Latest Analysis on CMS Energy

CMS Energy Stock Performance

CMS Energy stock opened at $77.32 on Tuesday. The company has a market cap of $23.89 billion, a PE ratio of 21.08, a PEG ratio of 2.81 and a beta of 0.35. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. CMS Energy Corporation has a 1 year low of $68.63 and a 1 year high of $80.36. The company’s 50-day moving average is $74.11 and its two-hundred day moving average is $74.27.

CMS Energy (NYSE:CMSGet Free Report) last posted 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 for the quarter, compared to analyst estimates of $2.46 billion. During the same period last year, the company earned $1.02 EPS. The firm’s revenue was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Equities 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 dividend on an annualized basis and a dividend yield of 2.9%. CMS Energy’s dividend payout ratio (DPR) 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.

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

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