Greenland Capital Management LP Increases Stock Holdings in CMS Energy Corporation $CMS

Greenland Capital Management LP grew its holdings in CMS Energy Corporation (NYSE:CMS) by 382.3% during the third quarter, HoldingsChannel.com reports. The firm owned 177,233 shares of the utilities provider’s stock after acquiring an additional 140,486 shares during the quarter. CMS Energy makes up about 1.3% of Greenland Capital Management LP’s holdings, making the stock its 6th biggest holding. Greenland Capital Management LP’s holdings in CMS Energy were worth $12,984,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CMS. HM Payson & Co. increased its stake in CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after buying an additional 141 shares during the period. First Horizon Corp bought a new position in CMS Energy in the 3rd quarter worth about $26,000. Covestor Ltd increased its position in shares of CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 145 shares during the period. Tobam raised its stake in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 145 shares in the last quarter. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of CMS Energy in the third quarter valued at approximately $40,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Stock Up 0.6%

Shares of CMS opened at $76.29 on Tuesday. The company has a market capitalization of $23.38 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 2.69 and a beta of 0.47. CMS Energy Corporation has a 52 week low of $67.71 and a 52 week high of $77.28. The stock’s 50-day moving average price is $71.73 and its 200-day moving average price is $72.36. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same period in the previous year, the company posted $0.87 earnings per share. CMS Energy’s revenue for the quarter was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, sell-side analysts predict that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, February 17th. CMS Energy’s payout ratio is currently 64.59%.

Insider Buying and Selling

In other CMS Energy news, Director John G. Russell sold 14,914 shares of CMS Energy stock in a transaction on Friday, February 20th. The shares were sold at an average price of $75.75, for a total value of $1,129,735.50. Following the completion of the transaction, the director owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CMS. BMO Capital Markets reaffirmed an “outperform” rating and set a $80.00 target price (up from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Wall Street Zen downgraded shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Williams Trading set a $80.00 price target on CMS Energy in a report on Monday, February 9th. Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a report on Friday. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $79.08.

About CMS Energy

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.