Massachusetts Financial Services Co. MA Has $647.81 Million Stock Holdings in CMS Energy Corporation $CMS

Massachusetts Financial Services Co. MA reduced its stake in CMS Energy Corporation (NYSE:CMS) by 5.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,842,605 shares of the utilities provider’s stock after selling 489,166 shares during the period. Massachusetts Financial Services Co. MA owned 2.95% of CMS Energy worth $647,809,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. HM Payson & Co. increased its position in CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after buying an additional 141 shares in the last quarter. First Horizon Corp acquired a new stake in CMS Energy in the third quarter valued at approximately $26,000. Trust Co. of Vermont increased its holdings in shares of CMS Energy by 127.7% during the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 300 shares in the last quarter. Tobam raised its position in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 145 shares during the period. Finally, Capital A Wealth Management LLC raised its position in shares of CMS Energy by 2,870.0% during the second quarter. Capital A Wealth Management LLC now owns 594 shares of the utilities provider’s stock worth $41,000 after purchasing an additional 574 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insiders Place Their Bets

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the transaction, the senior vice president directly owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CMS shares. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised their price objective on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a research note on Thursday. Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. Finally, UBS Group cut their price target on CMS Energy from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, CMS Energy currently has an average rating of “Moderate Buy” and a consensus target price of $77.67.

CMS Energy Price Performance

Shares of NYSE:CMS opened at $71.71 on Monday. The company has a market capitalization of $21.82 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 2.55 and a beta of 0.49. The company’s 50-day moving average is $71.65 and its 200 day moving average is $72.14. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.60 and a current ratio of 0.90. CMS Energy Corporation has a fifty-two week low of $65.10 and a fifty-two week high of $76.45.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same period in the previous year, the company earned $0.84 earnings per share. The company’s quarterly revenue was up 15.9% on a year-over-year basis. 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, equities research analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current year.

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.