CMS Energy Corporation $CMS Shares Sold by 1832 Asset Management L.P.

1832 Asset Management L.P. lowered its position in CMS Energy Corporation (NYSE:CMS) by 12.0% in the second quarter, Holdings Channel.com reports. The firm owned 420,312 shares of the utilities provider’s stock after selling 57,458 shares during the quarter. 1832 Asset Management L.P.’s holdings in CMS Energy were worth $29,119,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaQuest LLC raised its stake in shares of CMS Energy by 285.5% during the 1st quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock worth $34,000 after buying an additional 334 shares in the last quarter. Trust Co. of Vermont boosted its stake in shares of CMS Energy by 127.7% in the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after buying an additional 300 shares in the last quarter. Tobam grew its holdings in CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after acquiring an additional 145 shares during the period. WPG Advisers LLC purchased a new position in CMS Energy in the first quarter worth $47,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in CMS Energy in the second quarter worth $58,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $71.72 on Friday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.60 and a current ratio of 0.90. The business’s fifty day moving average price is $73.70 and its two-hundred day moving average price is $72.02. The stock has a market cap of $21.82 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 2.75 and a beta of 0.47. CMS Energy Corporation has a one year low of $63.97 and a one year high of $76.45.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.83 billion. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The business’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.84 earnings per share. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. On average, analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were paid a dividend of $0.5425 per share. This represents a $2.17 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, November 7th. CMS Energy’s dividend payout ratio (DPR) is currently 62.72%.

Wall Street Analyst Weigh In

Several brokerages have commented on CMS. Morgan Stanley boosted their target price on shares of CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Barclays boosted their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Finally, KeyCorp boosted their price target on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $78.36.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the sale, the senior vice president directly owned 64,259 shares in the company, valued at $4,656,849.73. The trade was a 5.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.

CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.