TD Waterhouse Canada Inc. Decreases Stake in CMS Energy Corporation $CMS

Posted by George Bondi on Sep 12th, 2026

TD Waterhouse Canada Inc. lowered its stake in CMS Energy Corporation (NYSE:CMS – Free Report) by 84.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,227 shares of the utilities provider’s stock after selling 17,175 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in CMS Energy were worth $245,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Kilter Group LLC purchased a new stake in CMS Energy in the 2nd quarter worth approximately $26,000. Elyxium Wealth LLC bought a new stake in CMS Energy in the fourth quarter valued at $29,000. DV Equities LLC purchased a new position in CMS Energy during the 4th quarter valued at $29,000. MidFirst Bank purchased a new position in CMS Energy during the 4th quarter valued at $31,000. Finally, Scarborough Advisors LLC bought a new position in CMS Energy in the 1st quarter worth $31,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Stock Performance

Shares of CMS Energy stock opened at $67.18 on Friday. CMS Energy Corporation has a 1 year low of $67.00 and a 1 year high of $80.36. The firm’s 50-day moving average is $71.44 and its 200 day moving average is $74.14. The stock has a market cap of $21.07 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 2.48 and a beta of 0.34. 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 released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. CMS Energy’s revenue was down .5% compared to the same quarter last year. During the same period last year, the business earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Sell-side analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.28 annualized dividend and a dividend yield of 3.4%. CMS Energy’s dividend payout ratio (DPR) is 68.47%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. BMO Capital Markets dropped their target price on shares of CMS Energy from $82.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday. UBS Group reissued a “neutral” rating and issued a $84.00 price target on shares of CMS Energy in a research note on Wednesday, July 29th. Morgan Stanley lowered their price objective on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 5th. Finally, KeyCorp lowered CMS Energy from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 23rd. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, CMS Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.00.

Check Out Our Latest Stock Analysis on CMS Energy

CMS Energy Company Profile

(Free Report)

CMS Energy Corporation (NYSE:CMS) is an energy company headquartered in Jackson, Michigan. Its principal subsidiary, Consumers Energy, is a regulated utility that provides electric and natural gas service to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains a diverse energy infrastructure that includes electric generation, transmission and distribution systems, as well as natural gas storage and distribution networks. The company is also investing in renewable energy and other technologies intended to support a cleaner and more reliable energy system, while continuing to serve customers across Michigan’s Lower Peninsula.

CMS Energy traces its history to the Consumers Power Company, which was founded in 1886.