CMS Energy Corporation $CMS Shares Sold by Aventail Capital Group LP

Aventail Capital Group LP trimmed its holdings in CMS Energy Corporation (NYSE:CMS) by 50.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,026 shares of the utilities provider’s stock after selling 101,631 shares during the quarter. Aventail Capital Group LP’s holdings in CMS Energy were worth $7,328,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bison Wealth LLC purchased a new stake in shares of CMS Energy in the fourth quarter valued at approximately $312,000. Integrated Wealth Concepts LLC purchased a new position in CMS Energy during the first quarter worth approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in CMS Energy by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after buying an additional 3,367 shares in the last quarter. Empowered Funds LLC boosted its stake in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after buying an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP grew its holdings in CMS Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after buying an additional 7,300 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the transaction, the senior vice president directly owned 70,670 shares in the company, valued at $5,528,514.10. This trade represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Scott B. Mcintosh sold 1,750 shares of CMS Energy stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total value of $136,850.00. Following the completion of the sale, the chief accounting officer directly owned 24,223 shares of the company’s stock, valued at $1,894,238.60. The trade was a 6.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,664 shares of company stock worth $1,579,506 over the last quarter. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CMS. Mizuho raised their target price on CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a report on Friday, February 20th. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Jefferies Financial Group lifted their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Williams Trading set a $80.00 price objective on CMS Energy in a report on Monday, February 9th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $79.38.

CMS Energy Stock Up 1.4%

Shares of CMS opened at $77.82 on Friday. The company’s 50-day moving average price is $73.73 and its 200 day moving average price is $72.80. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $78.47. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89. The firm has a market cap of $23.85 billion, a P/E ratio of 22.05, a price-to-earnings-growth ratio of 2.76 and a beta of 0.46.

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

CMS Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were issued a $0.57 dividend. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, February 17th. This represents a $2.28 annualized dividend and a yield of 2.9%. CMS Energy’s payout ratio is 64.59%.

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.