Cbre Investment Management Listed Real Assets LLC Reduces Holdings in CMS Energy Corporation $CMS

Cbre Investment Management Listed Real Assets LLC lowered its position in CMS Energy Corporation (NYSE:CMS) by 1.6% during the second quarter, HoldingsChannel reports. The firm owned 984,104 shares of the utilities provider’s stock after selling 16,256 shares during the period. Cbre Investment Management Listed Real Assets LLC’s holdings in CMS Energy were worth $68,179,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CMS. AlphaQuest LLC grew its holdings in shares of CMS Energy by 285.5% during the first quarter. AlphaQuest LLC now owns 451 shares of the utilities provider’s stock worth $34,000 after buying an additional 334 shares in the last quarter. Trust Co. of Vermont boosted its position in CMS Energy by 127.7% during the second quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 300 shares during the last quarter. WPG Advisers LLC purchased a new stake in CMS Energy during the 1st quarter valued at about $47,000. Caitong International Asset Management Co. Ltd purchased a new stake in CMS Energy during the 2nd quarter valued at about $58,000. Finally, TD Private Client Wealth LLC acquired a new stake in CMS Energy in the 1st quarter valued at about $82,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Buying and Selling at CMS Energy

In related news, SVP Lauren Y. Snyder sold 2,220 shares of the stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $71.26, for a total transaction of $158,197.20. Following the transaction, the senior vice president owned 13,512 shares of the company’s stock, valued at approximately $962,865.12. This represents a 14.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares of the company’s stock, valued at $4,656,849.73. This trade represents a 5.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Wall Street Zen upgraded CMS Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. KeyCorp boosted their price objective on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Barclays upped their target price on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a report on Wednesday, October 8th. Finally, Wells Fargo & Company raised shares of CMS Energy to a “hold” rating in a report on Tuesday, October 28th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $78.36.

CMS Energy Price Performance

Shares of CMS opened at $72.35 on Friday. The firm has a 50-day simple moving average of $72.56 and a two-hundred day simple moving average of $71.80. The stock has a market cap of $22.02 billion, a PE ratio of 21.41, a P/E/G ratio of 2.76 and a beta of 0.42. CMS Energy Corporation has a 1-year low of $63.97 and a 1-year high of $76.45. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77.

CMS Energy (NYSE:CMS) last posted its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter last year, the company posted $0.84 EPS. The firm’s quarterly revenue was up 15.9% on a year-over-year basis. 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, analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th will be paid a $0.5425 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s payout ratio is presently 62.72%.

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.