Vanguard Group Inc. Grows Stock Holdings in CMS Energy Corporation $CMS

Vanguard Group Inc. lifted its stake in CMS Energy Corporation (NYSE:CMSFree Report) by 0.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,170,301 shares of the utilities provider’s stock after purchasing an additional 126,172 shares during the quarter. Vanguard Group Inc. owned about 0.13% of CMS Energy worth $2,869,616,000 as of its most recent filing with the Securities & Exchange Commission.

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

CMS Energy Price Performance

NYSE CMS opened at $75.11 on Thursday. The stock has a market capitalization of $23.01 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 2.70 and a beta of 0.47. CMS Energy Corporation has a 1-year low of $67.71 and a 1-year high of $77.28. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The business’s fifty day moving average price is $71.37 and its 200-day moving average price is $72.34.

CMS Energy (NYSE:CMSGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $2.13 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. CMS Energy’s revenue was up 12.3% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, equities analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be paid a $0.57 dividend. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date is Tuesday, February 17th. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is currently 64.59%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CMS. Wells Fargo & Company decreased their target price on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, January 20th. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Morgan Stanley increased their target price on CMS Energy from $74.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. Jefferies Financial Group boosted their price target on CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Barclays dropped their price objective on CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $78.31.

Check Out Our Latest Research Report on CMS

CMS Energy Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for CMS Energy (NYSE:CMS)

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