Envestnet Asset Management Inc. Increases Stock Position in CMS Energy Corporation $CMS

Envestnet Asset Management Inc. raised its holdings in CMS Energy Corporation (NYSE:CMS) by 7.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,038,686 shares of the utilities provider’s stock after buying an additional 70,908 shares during the quarter. Envestnet Asset Management Inc. owned about 0.35% of CMS Energy worth $71,960,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. MQS Management LLC bought a new stake in shares of CMS Energy in the 2nd quarter worth approximately $241,000. State of New Jersey Common Pension Fund D lifted its position in shares of CMS Energy by 0.4% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 78,720 shares of the utilities provider’s stock worth $5,454,000 after purchasing an additional 320 shares during the period. Sage Mountain Advisors LLC lifted its position in shares of CMS Energy by 25.4% in the 2nd quarter. Sage Mountain Advisors LLC now owns 4,215 shares of the utilities provider’s stock worth $292,000 after purchasing an additional 855 shares during the period. Moment Partners LLC lifted its position in shares of CMS Energy by 3.8% in the 2nd quarter. Moment Partners LLC now owns 5,014 shares of the utilities provider’s stock worth $347,000 after purchasing an additional 182 shares during the period. Finally, AlphaQuest LLC lifted its position in shares of CMS Energy by 1,969.6% in the 2nd quarter. AlphaQuest LLC now owns 9,334 shares of the utilities provider’s stock worth $647,000 after purchasing an additional 8,883 shares during the period. 93.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on CMS shares. Morgan Stanley raised their target price on shares of CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Barclays raised their target price on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. KeyCorp raised their target price on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Wolfe Research reaffirmed a “peer perform” rating on shares of CMS Energy in a research report on Monday, July 7th. Finally, Wall Street Zen raised shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, CMS Energy currently has a consensus rating of “Moderate Buy” and an average target price of $78.36.

CMS Energy Stock Up 1.3%

Shares of CMS Energy stock opened at $73.21 on Friday. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77. The company has a 50-day moving average of $72.50 and a 200 day moving average of $71.80. The firm has a market cap of $21.92 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.76 and a beta of 0.40. CMS Energy Corporation has a 1 year low of $63.97 and a 1 year high of $76.45.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. CMS Energy’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period last year, the business earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. As a group, sell-side analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th will be paid a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, November 7th. CMS Energy’s dividend payout ratio (DPR) is currently 64.20%.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Lauren Y. Snyder sold 2,220 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction of $158,197.20. Following the completion of the sale, the senior vice president directly owned 13,512 shares in the company, valued at approximately $962,865.12. This trade represents a 14.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $73.62, for a total transaction of $147,240.00. Following the sale, the senior vice president owned 68,036 shares of the company’s stock, valued at approximately $5,008,810.32. This represents a 2.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.40% of the stock is currently owned by company insiders.

CMS Energy Company Profile

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.