Xponance Inc. Has $3.41 Million Stock Position in CMS Energy Corporation $CMS

Xponance Inc. lessened its holdings in CMS Energy Corporation (NYSE:CMS) by 15.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,591 shares of the utilities provider’s stock after selling 8,809 shares during the period. Xponance Inc.’s holdings in CMS Energy were worth $3,413,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Norges Bank bought a new position in CMS Energy during the second quarter valued at about $238,951,000. Qube Research & Technologies Ltd increased its holdings in shares of CMS Energy by 1,048.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,460,924 shares of the utilities provider’s stock valued at $101,213,000 after acquiring an additional 1,333,743 shares during the last quarter. Soroban Capital Partners LP raised its stake in shares of CMS Energy by 215.8% in the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock valued at $99,429,000 after acquiring an additional 980,733 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of CMS Energy by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 39,044,129 shares of the utilities provider’s stock valued at $2,704,977,000 after acquiring an additional 702,713 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its holdings in CMS Energy by 3,585.4% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 443,054 shares of the utilities provider’s stock worth $32,458,000 after purchasing an additional 431,032 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Stock Up 1.2%

CMS stock opened at $77.98 on Monday. CMS Energy Corporation has a twelve month low of $67.71 and a twelve month high of $78.31. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. The company has a market cap of $23.89 billion, a PE ratio of 22.09, a price-to-earnings-growth ratio of 2.77 and a beta of 0.46. The business’s 50-day simple moving average is $72.29 and its 200 day simple moving average is $72.47.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. The company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.13 billion. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the company earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were paid a $0.57 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. CMS Energy’s payout ratio is presently 64.59%.

Insider Activity

In related news, Director Diane Leopold acquired 2,000 shares of the stock in a transaction dated Wednesday, February 25th. The shares were bought at an average cost of $76.70 per share, for a total transaction of $153,400.00. Following the purchase, the director owned 2,769 shares in the company, valued at approximately $212,382.30. This trade represents a 260.08% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John G. Russell sold 14,914 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $75.75, for a total value of $1,129,735.50. Following the completion of the transaction, the director directly owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

CMS has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price target on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. Barclays raised their target price on shares of CMS Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, January 21st. Williams Trading set a $80.00 price target on shares of CMS Energy in a report on Monday, February 9th. Finally, Jefferies Financial Group raised their price target on CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $79.08.

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.