CMS Energy Corporation $CMS Shares Sold by Tredje AP fonden

Tredje AP fonden decreased its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 39.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,462 shares of the utilities provider’s stock after selling 118,428 shares during the quarter. Tredje AP fonden’s holdings in CMS Energy were worth $12,829,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC increased its stake in CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 157 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in CMS Energy during the fourth quarter worth $29,000. Covestor Ltd increased its stake in CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 145 shares during the last quarter. Quest 10 Wealth Builders Inc. increased its stake in CMS Energy by 653.2% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 405 shares during the last quarter. Finally, Dorato Capital Management acquired a new stake in CMS Energy during the fourth quarter worth $37,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Transactions at CMS Energy

In other news, CAO Scott B. Mcintosh sold 1,750 shares of CMS Energy stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $78.20, for a total value of $136,850.00. Following the completion of the sale, the chief accounting officer directly owned 24,223 shares of the company’s stock, valued at approximately $1,894,238.60. The trade was a 6.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $78.23, for a total value of $312,920.00. Following the transaction, the senior vice president directly owned 70,670 shares of the company’s stock, valued at $5,528,514.10. The trade was a 5.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 20,664 shares of company stock valued at $1,579,506. Corporate insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CMS shares. KeyCorp raised their target price on CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. cut their target price on CMS Energy from $86.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Barclays cut their target price on CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Mizuho raised their target price on CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Williams Trading set a $80.00 target price on CMS Energy in a research note on Monday, February 9th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.08.

CMS Energy Trading Up 1.7%

Shares of NYSE CMS opened at $73.39 on Wednesday. CMS Energy Corporation has a twelve month low of $68.37 and a twelve month high of $80.36. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. The stock has a fifty day simple moving average of $76.25 and a 200-day simple moving average of $73.97. The stock has a market capitalization of $22.67 billion, a PE ratio of 20.27, a PEG ratio of 2.61 and a beta of 0.37.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the previous year, the firm posted $1.02 earnings per share. The company’s revenue was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, equities analysts forecast that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. CMS Energy’s payout ratio is presently 62.98%.

About CMS Energy

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.