Swiss Life Asset Management Ltd Purchases 28,577 Shares of CMS Energy Corporation $CMS

Swiss Life Asset Management Ltd lifted its position in CMS Energy Corporation (NYSE:CMS) by 62.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,552 shares of the utilities provider’s stock after buying an additional 28,577 shares during the period. Swiss Life Asset Management Ltd’s holdings in CMS Energy were worth $5,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of CMS. HM Payson & Co. increased its position in CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 141 shares during the last quarter. Private Trust Co. NA boosted its position in CMS Energy by 10.1% in the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock worth $114,000 after purchasing an additional 143 shares during the last quarter. Covestor Ltd boosted its position in CMS Energy by 52.0% in the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares during the last quarter. Cim LLC grew its stake in shares of CMS Energy by 0.8% during the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock valued at $1,395,000 after purchasing an additional 152 shares during the period. Finally, Norinchukin Bank The grew its stake in shares of CMS Energy by 0.9% during the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock valued at $1,338,000 after purchasing an additional 156 shares during the period. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CMS shares. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a research note on Friday, February 6th. Mizuho boosted their target price on shares of CMS Energy from $73.00 to $76.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Bank of America set a $82.00 price target on shares of CMS Energy in a research report on Friday, January 30th. Finally, Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a research report on Friday, February 20th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.38.

CMS Energy Trading Down 3.7%

Shares of NYSE:CMS opened at $74.55 on Friday. The stock has a 50 day moving average of $74.47 and a 200 day moving average of $73.00. The company has a market cap of $22.96 billion, a PE ratio of 21.12, a price-to-earnings-growth ratio of 2.64 and a beta of 0.46. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $78.88. The company has a current ratio of 0.98, a quick ratio of 0.76 and a debt-to-equity ratio of 1.89.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter last year, the business earned $0.87 EPS. The firm’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. As a group, equities research analysts expect that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Tuesday, February 17th. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s payout ratio is 64.59%.

Insider Activity

In other CMS Energy news, CAO Scott B. Mcintosh sold 1,750 shares of the stock in a transaction on Monday, March 2nd. The stock was 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 owned 24,223 shares in the company, valued at approximately $1,894,238.60. This represents a 6.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $78.23, for a total value of $312,920.00. Following the sale, the senior vice president directly owned 70,670 shares in the company, valued at approximately $5,528,514.10. This represents a 5.36% 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 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

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.