Voya Investment Management LLC Decreases Stock Position in CMS Energy Corporation $CMS

Voya Investment Management LLC trimmed its position in shares of CMS Energy Corporation (NYSE:CMS) by 22.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,589 shares of the utilities provider’s stock after selling 19,436 shares during the quarter. Voya Investment Management LLC’s holdings in CMS Energy were worth $5,025,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CMS. Tobam raised its position in shares of CMS Energy by 35.0% in the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after buying an additional 145 shares during the last quarter. Nicholson Wealth Management Group LLC grew its stake in CMS Energy by 0.7% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 23,495 shares of the utilities provider’s stock valued at $1,628,000 after acquiring an additional 158 shares in the last quarter. Croban raised its holdings in CMS Energy by 1.2% in the 2nd quarter. Croban now owns 14,056 shares of the utilities provider’s stock valued at $974,000 after acquiring an additional 167 shares during the last quarter. Harbour Investments Inc. lifted its stake in CMS Energy by 15.1% in the 2nd quarter. Harbour Investments Inc. now owns 1,278 shares of the utilities provider’s stock worth $89,000 after purchasing an additional 168 shares in the last quarter. Finally, Crestwood Advisors Group LLC boosted its holdings in shares of CMS Energy by 3.4% during the 2nd quarter. Crestwood Advisors Group LLC now owns 5,517 shares of the utilities provider’s stock worth $382,000 after purchasing an additional 179 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Morgan Stanley lifted their price objective on CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. KeyCorp lifted their price target on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Barclays upped their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. UBS Group reduced their target price on shares of CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Finally, JPMorgan Chase & Co. dropped their price target on shares of CMS Energy from $85.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $78.25.

CMS Energy Trading Up 0.1%

Shares of CMS stock opened at $70.07 on Friday. CMS Energy Corporation has a 1-year low of $63.97 and a 1-year high of $76.45. The firm has a market cap of $21.32 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.67 and a beta of 0.47. The company has a 50-day moving average of $72.75 and a two-hundred day moving average of $72.02. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.90 and a quick ratio of 0.60.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.84 EPS. 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 predict that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were given a dividend of $0.5425 per share. This represents a $2.17 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, November 7th. CMS Energy’s dividend payout ratio (DPR) is currently 62.72%.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the completion of the sale, the senior vice president directly owned 64,259 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

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.