Jennison Associates LLC Sells 32,482 Shares of CMS Energy Corporation $CMS

Posted by Francis Steltz on Jul 19th, 2026

Jennison Associates LLC reduced its stake in shares of CMS Energy Corporation (NYSE:CMS – Free Report) by 2.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,587,659 shares of the utilities provider’s stock after selling 32,482 shares during the quarter. Jennison Associates LLC’s holdings in CMS Energy were worth $123,171,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CMS. Bison Wealth LLC purchased a new position in CMS Energy in the fourth quarter valued at about $312,000. Integrated Wealth Concepts LLC purchased a new stake in shares of CMS Energy during the first quarter valued at about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of CMS Energy by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after buying an additional 3,367 shares during the last quarter. Empowered Funds LLC boosted its holdings 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 buying an additional 1,226 shares in the last quarter. Finally, Woodline Partners LP boosted its holdings in shares of CMS Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after buying an additional 7,300 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Analyst Ratings Changes

CMS has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 5th. JPMorgan Chase & Co. raised their target price on shares of CMS Energy from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday. Jefferies Financial Group set a $78.00 price target on shares of CMS Energy in a report on Thursday. Morgan Stanley set a $77.00 price target on CMS Energy in a research report on Thursday, May 21st. Finally, Barclays increased their price objective on CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.92.

View Our Latest Report on CMS

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.50% of the company’s stock.

CMS Energy Trading Down 0.9%

NYSE:CMS opened at $73.69 on Friday. The company has a market capitalization of $22.76 billion, a P/E ratio of 20.35, a PEG ratio of 2.66 and a beta of 0.35. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. CMS Energy Corporation has a 12 month low of $68.64 and a 12 month high of $80.36. The firm has a fifty day simple moving average of $74.13 and a 200-day simple moving average of $74.57.

CMS Energy (NYSE:CMS – Get Free Report) last released its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.02. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.46 billion. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The firm’s revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, equities research analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.1%. The ex-dividend date was Friday, May 8th. CMS Energy’s payout ratio is presently 62.98%.

CMS Energy Company Profile

(Free Report)

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.