CMS Energy Corporation $CMS Stock Position Lowered by Metis Global Partners LLC

Metis Global Partners LLC lowered its position in shares of CMS Energy Corporation (NYSE:CMS) by 5.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,017 shares of the utilities provider’s stock after selling 1,049 shares during the quarter. Metis Global Partners LLC’s holdings in CMS Energy were worth $1,248,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CMS. Teachers Retirement System of The State of Kentucky lifted its position in shares of CMS Energy by 4.0% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 23,064 shares of the utilities provider’s stock worth $1,732,000 after purchasing an additional 893 shares in the last quarter. Jane Street Group LLC grew its position in CMS Energy by 503.4% in the first quarter. Jane Street Group LLC now owns 175,804 shares of the utilities provider’s stock valued at $13,205,000 after purchasing an additional 146,667 shares in the last quarter. Cerity Partners LLC increased its stake in CMS Energy by 32.6% in the 1st quarter. Cerity Partners LLC now owns 34,681 shares of the utilities provider’s stock valued at $2,605,000 after buying an additional 8,536 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in CMS Energy by 7.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 30,873 shares of the utilities provider’s stock worth $2,176,000 after buying an additional 2,093 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in CMS Energy by 13.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 40,707 shares of the utilities provider’s stock worth $2,820,000 after buying an additional 4,855 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares in the company, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Lauren Y. Snyder sold 2,220 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the completion of the sale, the senior vice president owned 13,512 shares of the company’s stock, valued at $962,865.12. This trade represents a 14.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.40% of the company’s stock.

CMS Energy Stock Up 1.2%

CMS stock opened at $74.10 on Tuesday. CMS Energy Corporation has a 1-year low of $63.97 and a 1-year high of $76.45. The business’s 50 day simple moving average is $72.64 and its 200 day simple moving average is $71.78. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. The firm has a market capitalization of $22.55 billion, a PE ratio of 21.92, a PEG ratio of 2.76 and a beta of 0.42.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.84 earnings per share. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. As a group, research analysts anticipate that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th will be issued a $0.5425 dividend. This represents a $2.17 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, November 7th. CMS Energy’s dividend payout ratio is currently 62.72%.

Analysts Set New Price Targets

A number of analysts recently issued reports on CMS shares. Wells Fargo & Company raised CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Morgan Stanley raised their price target on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. KeyCorp upped their price objective on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Finally, Barclays boosted their target price on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.36.

CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.