Hsbc Holdings PLC Has $51.03 Million Stock Position in CMS Energy Corporation $CMS

Hsbc Holdings PLC grew its stake in CMS Energy Corporation (NYSE:CMS) by 42.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 729,009 shares of the utilities provider’s stock after purchasing 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 filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Swiss Life Asset Management Ltd boosted its stake in shares of CMS Energy by 62.2% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 74,552 shares of the utilities provider’s stock valued at $5,462,000 after purchasing an additional 28,577 shares in the last quarter. iA Global Asset Management Inc. increased its position in shares of CMS Energy by 2.3% during the 4th quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock worth $92,529,000 after purchasing an additional 30,000 shares in the last quarter. Aberdeen Group plc lifted its holdings in CMS Energy by 14.5% during the 4th quarter. Aberdeen Group plc now owns 877,487 shares of the utilities provider’s stock valued at $61,363,000 after purchasing an additional 111,075 shares during the last quarter. Vanguard Group Inc. boosted its position in CMS Energy by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after buying an additional 1,501,991 shares in the last quarter. Finally, RIA Advisory Group LLC acquired a new position in CMS Energy in the fourth quarter valued at about $974,000. 93.57% of the stock is owned by institutional investors and hedge funds.

CMS Energy Price Performance

CMS opened at $75.36 on Wednesday. CMS Energy Corporation has a one year low of $68.41 and a one year high of $80.36. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66. The company’s 50 day simple moving average is $74.11 and its 200-day simple moving average is $73.84. The stock has a market capitalization of $23.28 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 2.67 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 for the quarter, topping the consensus estimate of $1.11 by $0.02. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. CMS Energy’s revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Sell-side analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, May 8th. CMS Energy’s dividend payout ratio is 62.98%.

Insider Transactions at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CMS has been the subject of several recent analyst reports. Morgan Stanley set a $77.00 price objective on shares of CMS Energy in a report on Thursday, May 21st. BMO Capital Markets reduced their target price on CMS Energy from $82.00 to $81.00 and set an “outperform” rating on the stock in a report on Thursday, June 4th. Wells Fargo & Company set a $80.00 price target on CMS Energy in a research report on Tuesday, April 21st. JPMorgan Chase & Co. dropped their price target on CMS Energy from $86.00 to $82.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Finally, KeyCorp reiterated an “overweight” rating and issued a $83.00 price objective on shares of CMS Energy in a research report on Monday, June 8th. Seven investment 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 a consensus rating of “Moderate Buy” and an average target price of $80.17.

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.