SummitTX Capital L.P. Lowers Stake in CMS Energy Corporation $CMS

SummitTX Capital L.P. trimmed its holdings in CMS Energy Corporation (NYSE:CMS) by 51.1% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 35,643 shares of the utilities provider’s stock after selling 37,303 shares during the period. SummitTX Capital L.P.’s holdings in CMS Energy were worth $2,765,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CMS. Bison Wealth LLC purchased a new stake in CMS Energy during the 4th quarter valued at approximately $312,000. Integrated Wealth Concepts LLC acquired a new stake in CMS Energy during the 1st quarter worth approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of CMS Energy by 10.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after purchasing an additional 3,367 shares during the last quarter. Empowered Funds LLC grew its stake in shares of CMS Energy by 22.0% in the 1st quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after purchasing an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP increased its holdings in shares of CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after purchasing an additional 7,300 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Morgan Stanley set a $77.00 price target on CMS Energy in a report on Thursday, May 21st. BMO Capital Markets boosted their price objective on shares of CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. Jefferies Financial Group set a $78.00 price objective on shares of CMS Energy in a research report on Thursday, July 16th. Truist Financial reduced their target price on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Finally, Barclays lifted their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, CMS Energy presently has an average rating of “Moderate Buy” and a consensus price target of $81.33.

Insiders Place Their Bets

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the transaction, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. This trade represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.50% of the company’s stock.

Key Headlines Impacting CMS Energy

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: 2026 guidance exceeded expectations: CMS Energy raised or reaffirmed fiscal 2026 adjusted EPS guidance at $4.08-$4.17, above the approximately $3.88-$3.87 analyst consensus. This provides near-term earnings support. CMS Energy earnings and guidance
• Positive Sentiment: Quarterly EPS slightly beat estimates: Second-quarter adjusted EPS was $0.37, versus the $0.36 consensus estimate. The company is also emphasizing its regulated utility business and investments intended to serve rising electricity demand, a strategy that could improve earnings visibility over time. CMS Energy second-quarter results
• Neutral Sentiment: Strategic portfolio shift: CMS said it will exit non-utility renewables development through its NorthStar Clean Energy Services business, allowing greater focus on regulated operations. The move may reduce exposure to development risks but also limits potential growth from renewable projects. CMS Energy 2027 forecast and renewables exit
• Negative Sentiment: 2027 outlook disappointed: CMS Energy forecast 2027 adjusted profit below Wall Street expectations, creating a potential overhang for the stock despite the favorable 2026 guidance. Reuters report on CMS Energy outlook
• Negative Sentiment: Year-over-year earnings weakened: Second-quarter EPS fell from $0.71 or $0.66 a year earlier, depending on the reporting measure, while revenue declined slightly to $1.83 billion from the prior year and missed the $1.87 billion consensus. Operating income also decreased year over year. CMS Energy Q2 earnings analysis

CMS Energy Trading Up 0.4%

Shares of CMS Energy stock opened at $74.55 on Wednesday. CMS Energy Corporation has a 12-month low of $68.64 and a 12-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 market cap of $23.03 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 2.69 and a beta of 0.35. The company has a 50-day moving average of $74.28 and a two-hundred day moving average of $74.79.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The company’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, research analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.1%. CMS Energy’s dividend payout ratio is 62.98%.

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.