Summit Global Investments Invests $2.66 Million in CMS Energy Corporation $CMS

Posted by Brenda Bartman on Aug 15th, 2026

Summit Global Investments purchased a new position in shares of CMS Energy Corporation (NYSE:CMS – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 34,813 shares of the utilities provider’s stock, valued at approximately $2,663,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC boosted its stake in shares of CMS Energy by 3.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock valued at $298,000 after buying an additional 137 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of CMS Energy by 1.5% during the 4th quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock valued at $662,000 after acquiring an additional 143 shares in the last quarter. Florida Financial Advisors LLC increased its stake in shares of CMS Energy by 4.9% in the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock worth $220,000 after acquiring an additional 149 shares during the last quarter. Cim LLC increased its stake in shares of CMS Energy by 0.8% in the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock worth $1,395,000 after acquiring an additional 152 shares during the last quarter. Finally, Norinchukin Bank The raised its holdings in shares of CMS Energy by 0.9% during the third quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock worth $1,338,000 after acquiring an additional 156 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Mizuho lowered their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. BMO Capital Markets raised their price target on CMS Energy from $81.00 to $86.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th. Jefferies Financial Group set a $78.00 price target on CMS Energy in a research note on Thursday, July 16th. Wells Fargo & Company set a $80.00 price target on CMS Energy in a report on Tuesday, April 21st. Finally, Weiss Ratings cut CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, CMS Energy presently has a consensus rating of “Moderate Buy” and an average target price of $81.67.

View Our Latest Stock Analysis on CMS Energy

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 3,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.50% of the company’s stock.

CMS Energy Stock Up 0.8%

CMS stock opened at $71.11 on Friday. The stock has a market capitalization of $22.30 billion, a price-to-earnings ratio of 21.35, a price-to-earnings-growth ratio of 2.55 and a beta of 0.35. The company has a 50-day moving average of $73.89 and a two-hundred day moving average of $74.79. CMS Energy Corporation has a 52-week low of $68.64 and a 52-week high of $80.36. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67.

CMS Energy (NYSE:CMS – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the company posted $0.71 earnings per share. The firm’s revenue for the quarter was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, equities research analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.2%. CMS Energy’s payout ratio is 68.47%.

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.