7,683 Shares in CMS Energy Corporation $CMS Bought by Quadrature Capital Ltd

Quadrature Capital Ltd purchased a new stake in CMS Energy Corporation (NYSE:CMS) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,683 shares of the utilities provider’s stock, valued at approximately $532,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Board of Administration of Florida Retirement System boosted its holdings in CMS Energy by 2.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 316,518 shares of the utilities provider’s stock valued at $21,928,000 after acquiring an additional 6,720 shares during the last quarter. Employees Retirement System of Texas bought a new position in CMS Energy during the 2nd quarter worth approximately $5,836,000. Choreo LLC lifted its position in shares of CMS Energy by 5.1% in the 2nd quarter. Choreo LLC now owns 9,021 shares of the utilities provider’s stock worth $625,000 after purchasing an additional 437 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of CMS Energy by 20.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 290,033 shares of the utilities provider’s stock valued at $20,090,000 after purchasing an additional 49,693 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of CMS Energy by 9.4% during the second quarter. Advisors Asset Management Inc. now owns 19,546 shares of the utilities provider’s stock worth $1,354,000 after buying an additional 1,681 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on CMS. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Wells Fargo & Company raised CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. KeyCorp upped their target price on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Finally, Morgan Stanley boosted their price target on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $78.36.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the sale, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. This represents a 5.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Lauren Y. Snyder sold 2,220 shares of CMS Energy stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the transaction, the senior vice president owned 13,512 shares of the company’s stock, valued at $962,865.12. This trade represents a 14.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.40% of the company’s stock.

CMS Energy Stock Performance

Shares of CMS Energy stock opened at $73.18 on Tuesday. The business has a 50-day simple moving average of $73.65 and a 200 day simple moving average of $72.01. CMS Energy Corporation has a one year low of $63.97 and a one year high of $76.45. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77. The firm has a market capitalization of $22.27 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.76 and a beta of 0.42.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.84 earnings per share. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. On average, research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were issued a dividend of $0.5425 per share. The ex-dividend date was Friday, November 7th. This represents a $2.17 annualized dividend and a yield of 3.0%. CMS Energy’s dividend payout ratio is presently 62.72%.

About CMS Energy

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.