Public Employees Retirement System of Ohio Takes Position in CMS Energy Corporation $CMS

Public Employees Retirement System of Ohio bought a new stake in CMS Energy Corporation (NYSE:CMS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 179,008 shares of the utilities provider’s stock, valued at approximately $13,694,000. Public Employees Retirement System of Ohio owned approximately 0.06% of CMS Energy at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CMS. iA Global Asset Management Inc. increased its position in CMS Energy by 2.3% during the fourth quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock worth $92,529,000 after buying an additional 30,000 shares during the last quarter. RIA Advisory Group LLC bought a new stake in CMS Energy in the fourth quarter valued at approximately $974,000. Capital Innovations LLC acquired a new stake in shares of CMS Energy in the fourth quarter valued at approximately $1,652,000. Assenagon Asset Management S.A. lifted its position in shares of CMS Energy by 10,463.3% in the second quarter. Assenagon Asset Management S.A. now owns 518,237 shares of the utilities provider’s stock valued at $39,645,000 after buying an additional 513,331 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in shares of CMS Energy by 28.6% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,023,324 shares of the utilities provider’s stock worth $79,389,000 after acquiring an additional 227,795 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.

CMS Energy Stock Performance

NYSE:CMS opened at $68.21 on Monday. The stock has a 50 day simple moving average of $73.16 and a 200 day simple moving average of $74.65. The stock has a market cap of $21.39 billion, a P/E ratio of 20.48, a PEG ratio of 2.47 and a beta of 0.35. CMS Energy Corporation has a 1-year low of $67.90 and a 1-year high of $80.36. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The firm 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 10.76% and a net margin of 11.64%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Research analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is currently 68.47%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CMS shares. Argus reissued a “buy” rating and set a $80.00 target price on shares of CMS Energy in a report on Wednesday, August 26th. BMO Capital Markets lifted their price objective on shares of CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. upped their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Truist Financial dropped their price objective on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Finally, Morgan Stanley cut their target price on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. Seven 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.com, the company currently has an average rating of “Moderate Buy” and an average price target of $81.69.

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.