Pacer Advisors Inc. Has $2.44 Million Stock Position in CMS Energy Corporation $CMS

Pacer Advisors Inc. lowered its stake in CMS Energy Corporation (NYSE:CMS) by 20.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,402 shares of the utilities provider’s stock after selling 7,960 shares during the quarter. Pacer Advisors Inc.’s holdings in CMS Energy were worth $2,436,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DV Trading LLC increased its position in shares of CMS Energy by 1,754.3% during the first quarter. DV Trading LLC now owns 2,800 shares of the utilities provider’s stock worth $217,000 after acquiring an additional 2,649 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of CMS Energy by 11.5% during the first quarter. Parallel Advisors LLC now owns 4,101 shares of the utilities provider’s stock worth $318,000 after acquiring an additional 424 shares during the period. NewEdge Advisors LLC lifted its position in CMS Energy by 0.7% in the 1st quarter. NewEdge Advisors LLC now owns 26,328 shares of the utilities provider’s stock valued at $2,043,000 after acquiring an additional 174 shares in the last quarter. Optiver Holding B.V. lifted its position in CMS Energy by 283.1% in the 1st quarter. Optiver Holding B.V. now owns 1,111 shares of the utilities provider’s stock valued at $86,000 after acquiring an additional 821 shares in the last quarter. Finally, Glenmede Trust Co. NA boosted its stake in CMS Energy by 13.4% in the 1st quarter. Glenmede Trust Co. NA now owns 47,417 shares of the utilities provider’s stock worth $3,679,000 after purchasing an additional 5,585 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Buying and Selling

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction on 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 sale, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. This trade represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Bank of America increased their target price on CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. BMO Capital Markets upped their price objective on CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. increased their price objective on CMS Energy from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Weiss Ratings lowered CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Finally, Mizuho cut their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.67.

CMS Energy Stock Down 0.1%

CMS stock opened at $71.10 on Friday. The company has a market cap of $22.30 billion, a price-to-earnings ratio of 21.35, a P/E/G ratio of 2.58 and a beta of 0.35. CMS Energy Corporation has a twelve month low of $68.64 and a twelve month high of $80.36. The business has a 50 day moving average price of $73.99 and a two-hundred day moving average price of $74.84. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The business’s revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio is 68.47%.

CMS Energy Company 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.