California State Teachers Retirement System Has $2.10 Billion Stock Position in CMS Energy Corporation $CMS

California State Teachers Retirement System lifted its position in shares of CMS Energy Corporation (NYSE:CMS) by 7,677.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,390,749 shares of the utilities provider’s stock after acquiring an additional 27,038,586 shares during the quarter. California State Teachers Retirement System owned approximately 0.09% of CMS Energy worth $2,095,392,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Bison Wealth LLC acquired a new stake in CMS Energy in the fourth quarter worth about $312,000. Integrated Wealth Concepts LLC acquired a new position in CMS Energy during the 1st quarter valued at about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in CMS Energy by 10.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after purchasing an additional 3,367 shares during the period. Empowered Funds LLC boosted its stake in shares of CMS Energy by 22.0% in the 1st quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after purchasing an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP boosted its stake in shares of 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 purchasing an additional 7,300 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CMS. JPMorgan Chase & Co. boosted their price target on shares of CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Argus reaffirmed a “buy” rating and issued a $80.00 price objective on shares of CMS Energy in a research note on Wednesday, August 26th. Wall Street Zen raised shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. Truist Financial lowered their target price on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Finally, Morgan Stanley dropped their target price on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $81.00.

CMS Energy Price Performance

CMS Energy stock opened at $67.18 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $21.07 billion, a P/E ratio of 20.17, a PEG ratio of 2.48 and a beta of 0.34. The business has a 50-day moving average of $71.44 and a 200-day moving average of $74.14. CMS Energy Corporation has a 1 year low of $67.00 and a 1 year high of $80.36.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm earned $0.71 EPS. CMS Energy’s quarterly revenue was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, equities analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were issued a $0.57 dividend. The ex-dividend date was Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.4%. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

CMS Energy Profile

CMS Energy Corporation (NYSE:CMS) is an energy company headquartered in Jackson, Michigan. Its principal subsidiary, Consumers Energy, is a regulated utility that provides electric and natural gas service to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains a diverse energy infrastructure that includes electric generation, transmission and distribution systems, as well as natural gas storage and distribution networks. The company is also investing in renewable energy and other technologies intended to support a cleaner and more reliable energy system, while continuing to serve customers across Michigan’s Lower Peninsula.

CMS Energy traces its history to the Consumers Power Company, which was founded in 1886.