Magellan Asset Management Ltd Grows Stock Position in CMS Energy Corporation $CMS

Posted by George Bondi on Jul 22nd, 2026

Magellan Asset Management Ltd raised its position in CMS Energy Corporation (NYSE:CMS – Free Report) by 698.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,019,954 shares of the utilities provider’s stock after acquiring an additional 1,767,059 shares during the period. CMS Energy makes up about 2.0% of Magellan Asset Management Ltd’s holdings, making the stock its 20th largest holding. Magellan Asset Management Ltd’s holdings in CMS Energy were worth $156,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of CMS Energy during the 4th quarter worth $316,057,000. Vanguard Group Inc. raised its stake in CMS Energy by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock valued at $2,844,213,000 after acquiring an additional 1,501,991 shares during the period. Pictet Asset Management Holding SA raised its stake in CMS Energy by 70.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider’s stock valued at $249,738,000 after acquiring an additional 1,481,779 shares during the period. Parnassus Investments LLC purchased a new stake in CMS Energy during the fourth quarter valued at about $102,983,000. Finally, Soroban Capital Partners LP lifted its holdings in CMS Energy by 215.8% during the second quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock valued at $99,429,000 after purchasing an additional 980,733 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total transaction of $222,930.00. Following the completion of the sale, the senior vice president directly owned 67,111 shares in the company, valued at $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.50% of the stock is currently owned by insiders.

CMS Energy Price Performance

Shares of NYSE CMS opened at $72.47 on Wednesday. The firm has a market capitalization of $22.39 billion, a P/E ratio of 20.02, a P/E/G ratio of 2.64 and a beta of 0.35. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80. The stock’s 50-day simple moving average is $74.11 and its two-hundred day simple moving average is $74.63. CMS Energy Corporation has a twelve month low of $68.64 and a twelve month high of $80.36.

CMS Energy (NYSE:CMS – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. The firm had revenue of $2.73 billion during 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 company’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter last year, the company posted $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, equities analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, August 7th. CMS Energy’s dividend payout ratio (DPR) is currently 62.98%.

Analyst Upgrades and Downgrades

CMS has been the subject of a number of research reports. Bank of America increased their target price on shares of CMS Energy from $82.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Barclays boosted their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Truist Financial dropped their price target on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Morgan Stanley set a $77.00 price objective on shares of CMS Energy in a report on Thursday, May 21st. Finally, Wells Fargo & Company set a $80.00 price objective on shares of CMS Energy in a research note on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $81.33.

Check Out Our Latest Stock Report on CMS Energy

CMS Energy 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.