CMS Energy Corporation $CMS Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. lessened its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 1.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 645,713 shares of the utilities provider’s stock after selling 10,208 shares during the period. Prudential Financial Inc.’s holdings in CMS Energy were worth $44,735,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. AlphaQuest LLC raised its stake in 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 purchasing an additional 334 shares during the period. Trust Co. of Vermont grew its position in CMS Energy by 127.7% in the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 300 shares in the last quarter. Tobam increased its stake in CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after buying an additional 145 shares during the period. WPG Advisers LLC acquired a new stake in shares of CMS Energy in the first quarter valued at $47,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of CMS Energy in the 2nd quarter valued at about $58,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on CMS. KeyCorp boosted their target price on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. Morgan Stanley lifted their price objective on CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Barclays increased their price target on shares of CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Finally, Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. Eight 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 has an average rating of “Moderate Buy” and a consensus target price of $78.36.

CMS Energy Stock Performance

CMS Energy stock opened at $74.28 on Tuesday. The company has a market capitalization of $22.60 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 2.76 and a beta of 0.42. CMS Energy Corporation has a 12-month low of $63.97 and a 12-month 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. The firm’s fifty day moving average price is $73.19 and its 200 day moving average price is $71.85.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The business had revenue of $2.02 billion for 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%. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. On average, research analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 2.9%. CMS Energy’s dividend payout ratio is presently 62.72%.

Insider Activity at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the completion of the sale, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. This represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Lauren Y. Snyder sold 2,220 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $71.26, for a total transaction of $158,197.20. Following the sale, the senior vice president owned 13,512 shares of the company’s stock, valued at $962,865.12. The trade was a 14.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.40% of the stock is owned by insiders.

About CMS Energy

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.