Mather Group LLC. raised its holdings in CMS Energy Corporation (NYSE:CMS – Free Report) by 84.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,509 shares of the utilities provider’s stock after purchasing an additional 11,649 shares during the quarter. Mather Group LLC.’s holdings in CMS Energy were worth $1,784,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Norges Bank bought a new position in shares of CMS Energy in the second quarter valued at about $238,951,000. Qube Research & Technologies Ltd lifted its position in 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 worth $101,213,000 after buying an additional 1,333,743 shares in the last quarter. Soroban Capital Partners LP grew its holdings in CMS Energy by 215.8% during the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock worth $99,429,000 after acquiring an additional 980,733 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its position 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 valued at $32,458,000 after acquiring an additional 431,032 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its position in CMS Energy by 236.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 593,822 shares of the utilities provider’s stock valued at $43,503,000 after acquiring an additional 417,183 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.
Insider Buying and Selling at CMS Energy
In other CMS Energy news, Director Diane Leopold bought 2,000 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was bought at an average price of $76.70 per share, for a total transaction of $153,400.00. Following the transaction, the director owned 2,769 shares of the company’s stock, valued at approximately $212,382.30. The trade was a 260.08% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Scott B. Mcintosh sold 1,750 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $78.20, for a total value of $136,850.00. Following the completion of the transaction, the chief accounting officer directly owned 24,223 shares in the company, valued at approximately $1,894,238.60. This trade represents a 6.74% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 20,664 shares of company stock worth $1,579,506. 0.40% of the stock is currently owned by insiders.
CMS Energy Stock Performance
CMS Energy (NYSE:CMS – Get Free Report) last issued its earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.01. The company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. 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 announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.57 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s dividend payout ratio (DPR) is presently 64.59%.
Wall Street Analysts Forecast Growth
CMS has been the topic of a number of research reports. Mizuho upped their target price on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. UBS Group reissued a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. BMO Capital Markets restated an “outperform” rating and issued a $80.00 price objective (up from $79.00) on shares of CMS Energy in a research report on Monday, February 9th. Morgan Stanley set a $80.00 price objective on CMS Energy in a report on Friday, February 20th. Finally, Wall Street Zen lowered CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $79.38.
Read Our Latest Report on CMS Energy
CMS Energy 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.
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