New York State Teachers Retirement System Trims Stock Position in CMS Energy Corporation $CMS

New York State Teachers Retirement System cut its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 8.5% in the third quarter, HoldingsChannel reports. The firm owned 212,718 shares of the utilities provider’s stock after selling 19,766 shares during the period. New York State Teachers Retirement System’s holdings in CMS Energy were worth $15,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CMS. HM Payson & Co. raised its stake in shares of CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after buying an additional 141 shares during the last quarter. Trust Co. of Vermont grew its holdings in CMS Energy by 127.7% during the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 300 shares during the period. Tobam raised its position in CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 145 shares in the last quarter. Capital A Wealth Management LLC lifted its holdings in CMS Energy by 2,870.0% in the second quarter. Capital A Wealth Management LLC now owns 594 shares of the utilities provider’s stock valued at $41,000 after acquiring an additional 574 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new stake in CMS Energy in the 2nd quarter worth approximately $53,000. 93.57% of the stock is owned by institutional investors and hedge funds.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s 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 completion of the sale, the senior vice president directly owned 64,259 shares in the company, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

CMS has been the subject of several recent research reports. UBS Group cut their target price on shares of CMS Energy from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Morgan Stanley lifted their price objective on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. lowered their target price on shares of CMS Energy from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. KeyCorp raised their target price on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $78.25.

CMS Energy Stock Up 1.0%

Shares of NYSE CMS opened at $70.54 on Wednesday. The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 2.48 and a beta of 0.49. The company’s 50-day simple moving average is $71.73 and its 200-day simple moving average is $72.11. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.84. CMS Energy Corporation has a 52-week low of $64.41 and a 52-week high of $76.45.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same period last year, the company posted $0.84 EPS. CMS Energy’s quarterly revenue was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. Equities analysts predict that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were paid a $0.5425 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.1%. CMS Energy’s payout ratio is currently 62.72%.

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.