Strs Ohio Cuts Stock Position in CMS Energy Corporation $CMS

Strs Ohio cut its stake in shares of CMS Energy Corporation (NYSE:CMS) by 2.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 441,250 shares of the utilities provider’s stock after selling 10,863 shares during the period. Strs Ohio’s holdings in CMS Energy were worth $30,857,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Horizon Investments LLC raised its position in shares of CMS Energy by 1.4% during the 4th quarter. Horizon Investments LLC now owns 11,570 shares of the utilities provider’s stock worth $809,000 after purchasing an additional 157 shares during the last quarter. Fifth Third Bancorp boosted its holdings in CMS Energy by 2.7% in the 4th quarter. Fifth Third Bancorp now owns 37,768 shares of the utilities provider’s stock worth $2,641,000 after buying an additional 986 shares during the last quarter. Sigma Planning Corp increased its stake in CMS Energy by 5.0% during the 4th quarter. Sigma Planning Corp now owns 33,421 shares of the utilities provider’s stock worth $2,337,000 after buying an additional 1,585 shares in the last quarter. US Bancorp DE increased its stake in CMS Energy by 64.9% during the 4th quarter. US Bancorp DE now owns 365,442 shares of the utilities provider’s stock worth $25,555,000 after buying an additional 143,881 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in shares of CMS Energy by 3.1% during the fourth quarter. Wealthfront Advisers LLC now owns 173,398 shares of the utilities provider’s stock valued at $12,126,000 after acquiring an additional 5,187 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Diane Leopold acquired 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was purchased at an average price of $76.70 per share, with a total value of $153,400.00. Following the completion of the acquisition, the director owned 2,769 shares of the company’s stock, valued at $212,382.30. This trade represents a 260.08% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $78.23, for a total transaction of $312,920.00. Following the sale, the senior vice president owned 70,670 shares of the company’s stock, valued at approximately $5,528,514.10. The trade was a 5.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 20,664 shares of company stock worth $1,579,506. 0.50% of the stock is owned by insiders.

Analyst Ratings Changes

CMS has been the topic of several research reports. BMO Capital Markets decreased their target price on CMS Energy from $86.00 to $85.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Wall Street Zen downgraded CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. UBS Group restated a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Jefferies Financial Group lifted their target price on shares of CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Truist Financial assumed coverage on shares of CMS Energy in a report on Tuesday, April 21st. They set a “buy” rating and a $86.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.50.

CMS Energy Price Performance

CMS stock opened at $76.06 on Friday. CMS Energy Corporation has a 1 year low of $67.71 and a 1 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 0.76. The firm has a market capitalization of $23.50 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 2.75 and a beta of 0.37. The business has a 50 day simple moving average of $77.13 and a 200-day simple moving average of $74.07.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.02. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.46 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The firm’s revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Equities research analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be issued 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 is Friday, May 8th. CMS Energy’s payout ratio is currently 62.98%.

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.