CMS Energy Corporation $CMS Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in CMS Energy Corporation (NYSE:CMS) by 5.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 633,917 shares of the utilities provider’s stock after purchasing an additional 33,340 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in CMS Energy were worth $44,640,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. AE Wealth Management LLC grew its stake in CMS Energy by 5.8% in the third quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock worth $17,888,000 after purchasing an additional 13,481 shares in the last quarter. Cidel Asset Management Inc. grew its stake in CMS Energy by 7.5% in the third quarter. Cidel Asset Management Inc. now owns 346,729 shares of the utilities provider’s stock worth $25,401,000 after purchasing an additional 24,071 shares in the last quarter. Benjamin Edwards Inc. grew its stake in CMS Energy by 379.3% in the third quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock worth $4,532,000 after purchasing an additional 48,954 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in CMS Energy by 62.2% in the third quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock worth $5,462,000 after purchasing an additional 28,577 shares in the last quarter. Finally, Aberdeen Group plc boosted its stake in CMS Energy by 14.5% in the fourth quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock valued at $61,363,000 after acquiring an additional 111,075 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Jefferies Financial Group lifted their target price on CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. BMO Capital Markets decreased their target price on CMS Energy from $86.00 to $85.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Barclays decreased their target price on CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Truist Financial assumed coverage on CMS Energy in a research note on Tuesday, April 21st. They issued a “buy” rating and a $86.00 target price for the company. Finally, KeyCorp lifted their target price on CMS Energy from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and a consensus target price of $81.50.

CMS Energy Stock Performance

CMS opened at $72.61 on Friday. The business’s 50 day moving average is $77.01 and its 200-day moving average is $74.06. The stock has a market cap of $22.43 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 2.68 and a beta of 0.37. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. CMS Energy Corporation has a twelve month low of $67.71 and a twelve month high of $80.36.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, analysts predict that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, May 8th. CMS Energy’s payout ratio is 62.98%.

Insiders Place Their Bets

In other CMS Energy news, Director Diane Leopold purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were bought at an average price of $76.70 per share, with a total value of $153,400.00. Following the completion of the acquisition, the director owned 2,769 shares in the company, valued at approximately $212,382.30. This represents a 260.08% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John G. Russell sold 14,914 shares of CMS Energy stock in a transaction that occurred 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 sale, the director directly owned 131,568 shares in the company, valued at approximately $9,966,276. This trade represents a 10.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 20,664 shares of company stock worth $1,579,506. 0.50% of the stock is currently owned by corporate insiders.

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.