CMS Energy Corporation $CMS Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its position in shares of CMS Energy Corporation (NYSE:CMS) by 42.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 729,009 shares of the utilities provider’s stock after buying an additional 218,168 shares during the period. Hsbc Holdings PLC’s holdings in CMS Energy were worth $51,031,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Quadrant Capital Group LLC increased its stake in CMS Energy by 3.3% during the fourth quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock worth $298,000 after acquiring an additional 137 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of CMS Energy by 1.5% during the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock worth $662,000 after purchasing an additional 143 shares during the period. Florida Financial Advisors LLC grew its holdings in shares of CMS Energy by 4.9% during the 4th quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock worth $220,000 after purchasing an additional 149 shares during the period. Cim LLC increased its position in CMS Energy by 0.8% during the 3rd quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock worth $1,395,000 after purchasing an additional 152 shares in the last quarter. Finally, Norinchukin Bank The increased its position in CMS Energy by 0.9% during the 3rd quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock worth $1,338,000 after purchasing an additional 156 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.50% of the stock is owned by corporate insiders.

CMS Energy Stock Down 0.1%

NYSE CMS opened at $77.62 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80. CMS Energy Corporation has a fifty-two week low of $68.63 and a fifty-two week high of $80.36. The business has a 50 day moving average price of $74.11 and a two-hundred day moving average price of $74.23. The stock has a market cap of $23.98 billion, a PE ratio of 21.44, a P/E/G ratio of 2.81 and a beta of 0.35.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $1.02 earnings per share. The business’s quarterly revenue was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, sell-side analysts predict that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were issued a $0.57 dividend. The ex-dividend date was Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. CMS Energy’s payout ratio is currently 62.98%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CMS. Wells Fargo & Company set a $80.00 price target on shares of CMS Energy in a research report on Tuesday, April 21st. Wall Street Zen raised shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday. KeyCorp reissued an “overweight” rating and issued a $83.00 target price on shares of CMS Energy in a research note on Monday, June 8th. JPMorgan Chase & Co. reduced their target price on shares of CMS Energy from $86.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Jefferies Financial Group cut shares of CMS Energy from a “buy” rating to a “hold” rating and decreased their price target for the stock from $88.00 to $74.00 in a research report on Thursday, June 4th. Seven 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 company currently has an average rating of “Moderate Buy” and an average price target of $80.17.

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.