Resona Asset Management Co. Ltd. Trims Stock Position in CMS Energy Corporation $CMS

Resona Asset Management Co. Ltd. trimmed its stake in CMS Energy Corporation (NYSE:CMS) by 6.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,544 shares of the utilities provider’s stock after selling 8,988 shares during the period. Resona Asset Management Co. Ltd.’s holdings in CMS Energy were worth $8,823,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Benjamin Edwards Inc. boosted its position in shares of CMS Energy by 379.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock valued at $4,532,000 after purchasing an additional 48,954 shares during the period. Venture Visionary Partners LLC lifted its stake in CMS Energy by 769.5% in the third quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock valued at $2,016,000 after buying an additional 24,356 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its stake in CMS Energy by 17.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 630,599 shares of the utilities provider’s stock valued at $46,198,000 after buying an additional 92,980 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its position in shares of CMS Energy by 112.1% during the third quarter. Campbell & CO Investment Adviser LLC now owns 104,094 shares of the utilities provider’s stock worth $7,626,000 after acquiring an additional 55,017 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of CMS Energy by 10.9% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 591,377 shares of the utilities provider’s stock worth $40,971,000 after acquiring an additional 58,024 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CMS has been the subject of a number of recent research reports. Wells Fargo & Company decreased their price target on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Barclays dropped their price objective on shares of CMS Energy from $82.00 to $74.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 14th. JPMorgan Chase & Co. increased their target price on shares of CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, January 21st. Finally, KeyCorp upped their price objective on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $77.42.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.49% of the stock is currently owned by company insiders.

CMS Energy Trading Up 1.1%

Shares of CMS Energy stock opened at $71.49 on Tuesday. The firm has a market cap of $21.76 billion, a price-to-earnings ratio of 20.66, a price-to-earnings-growth ratio of 2.51 and a beta of 0.49. CMS Energy Corporation has a 52-week low of $65.17 and a 52-week high of $76.45. The company’s 50-day simple moving average is $71.28 and its 200-day simple moving average is $72.19. 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 (NYSE:CMS) last announced its quarterly earnings data 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 return on equity of 12.10% and a net margin of 12.62%.The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the previous year, the company earned $0.84 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

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.