Tredje AP fonden Has $29.96 Million Stake in CMS Energy Corporation $CMS

Tredje AP fonden lifted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 390.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 432,456 shares of the utilities provider’s stock after buying an additional 344,205 shares during the quarter. Tredje AP fonden owned about 0.14% of CMS Energy worth $29,961,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Sigma Planning Corp grew its position in shares of CMS Energy by 0.4% during the 1st quarter. Sigma Planning Corp now owns 32,045 shares of the utilities provider’s stock worth $2,407,000 after buying an additional 142 shares during the period. Sage Mountain Advisors LLC grew its position in shares of CMS Energy by 4.5% during the 1st quarter. Sage Mountain Advisors LLC now owns 3,360 shares of the utilities provider’s stock worth $252,000 after buying an additional 144 shares during the period. Sumitomo Life Insurance Co. grew its holdings in CMS Energy by 1.3% during the first quarter. Sumitomo Life Insurance Co. now owns 11,233 shares of the utilities provider’s stock valued at $844,000 after purchasing an additional 146 shares during the period. Nicholson Wealth Management Group LLC grew its holdings in CMS Energy by 0.7% during the second quarter. Nicholson Wealth Management Group LLC now owns 23,495 shares of the utilities provider’s stock valued at $1,628,000 after purchasing an additional 158 shares during the period. Finally, Croban grew its holdings in CMS Energy by 1.2% during the second quarter. Croban now owns 14,056 shares of the utilities provider’s stock valued at $974,000 after purchasing an additional 167 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Stock Performance

Shares of CMS opened at $73.66 on Friday. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.77 and a current ratio of 1.00. CMS Energy Corporation has a twelve month low of $63.97 and a twelve month high of $76.45. The firm’s 50 day moving average price is $72.51 and its two-hundred day moving average price is $71.80. The firm has a market cap of $22.05 billion, a P/E ratio of 21.79, a PEG ratio of 2.76 and a beta of 0.40.

CMS Energy (NYSE:CMS) last announced 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 12.76% and a return on equity of 12.07%. The firm 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 firm posted $0.84 earnings per share. The business’s revenue was up 15.9% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. On average, analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CMS shares. Wall Street Zen upgraded shares of CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Barclays boosted their price objective on shares of CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Morgan Stanley boosted 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. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $78.36.

Insiders Place Their Bets

In other news, 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 sale, the senior vice president owned 13,512 shares of the company’s stock, valued at $962,865.12. The trade was a 14.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the business’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $73.62, for a total transaction of $147,240.00. Following the completion of the sale, the senior vice president directly owned 68,036 shares in the company, valued at approximately $5,008,810.32. This represents a 2.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.40% of the company’s stock.

About CMS Energy

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.