Pacer Advisors Inc. Has $2.06 Million Stake in CMS Energy Corporation $CMS

Pacer Advisors Inc. reduced its stake in CMS Energy Corporation (NYSE:CMS) by 39.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,158 shares of the utilities provider’s stock after selling 18,524 shares during the period. Pacer Advisors Inc.’s holdings in CMS Energy were worth $2,063,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jane Street Group LLC increased its holdings in shares of CMS Energy by 503.4% during the first quarter. Jane Street Group LLC now owns 175,804 shares of the utilities provider’s stock worth $13,205,000 after buying an additional 146,667 shares in the last quarter. Venture Visionary Partners LLC grew its position in CMS Energy by 769.5% during the 3rd quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock worth $2,016,000 after acquiring an additional 24,356 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in CMS Energy by 10.9% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock worth $40,971,000 after purchasing an additional 58,024 shares in the last quarter. Bahl & Gaynor Inc. raised its position in CMS Energy by 9.5% in the second quarter. Bahl & Gaynor Inc. now owns 724,816 shares of the utilities provider’s stock valued at $50,215,000 after purchasing an additional 62,880 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of CMS Energy by 7.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 30,873 shares of the utilities provider’s stock valued at $2,176,000 after purchasing an additional 2,093 shares in the last quarter. 93.57% of the stock is owned by institutional investors.

CMS Energy Stock Performance

Shares of CMS opened at $69.98 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 1.84. The firm’s fifty day simple moving average is $72.37 and its two-hundred day simple moving average is $72.03. CMS Energy Corporation has a 12 month low of $63.97 and a 12 month high of $76.45. The stock has a market capitalization of $21.30 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 2.68 and a beta of 0.47.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same period last year, the company posted $0.84 EPS. The business’s quarterly revenue was up 15.9% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. As a group, analysts predict that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th were paid a $0.5425 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.17 annualized dividend and a yield of 3.1%. CMS Energy’s payout ratio is 62.72%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. UBS Group lowered their price objective on CMS Energy from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Wall Street Zen cut shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th. JPMorgan Chase & Co. dropped their price target on shares of CMS Energy from $85.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Barclays boosted their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Finally, Morgan Stanley raised their target price on CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $78.25.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the sale, the senior vice president owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.40% of the company’s stock.

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.