88,748 CMS Energy Corporation $CMS Shares Purchased by Ethic Inc.

Posted by Brenda Bartman on Nov 9th, 2026

Ethic Inc. grew its position in shares of CMS Energy Corporation (NYSE:CMS – Free Report) by 173.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 139,914 shares of the utilities provider’s stock after acquiring an additional 88,748 shares during the quarter. Ethic Inc.’s holdings in CMS Energy were worth $8,826,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Kilter Group LLC acquired a new position in shares of CMS Energy in the 2nd quarter valued at about $26,000. Independence Bank of Kentucky purchased a new stake in shares of CMS Energy during the 3rd quarter worth about $27,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of CMS Energy during the 3rd quarter worth about $30,000. Scarborough Advisors LLC acquired a new stake in CMS Energy during the 1st quarter worth approximately $31,000. Finally, Trust Co. of Vermont acquired a new stake in CMS Energy during the 2nd quarter worth approximately $33,000. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CMS. Barclays reduced their price target on shares of CMS Energy from $81.00 to $72.00 and set an “overweight” rating on the stock in a research report on Friday, October 16th. Wells Fargo & Company dropped their price objective on shares of CMS Energy from $79.00 to $73.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 28th. Weiss Ratings downgraded shares of CMS Energy from a “hold (c+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 28th. Mizuho cut their target price on shares of CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Finally, Truist Financial reduced their target price on shares of CMS Energy from $81.00 to $77.00 and set a “buy” rating on the stock in a report on Wednesday, October 14th. Seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $77.35.

View Our Latest Report on CMS

CMS Energy Price Performance

Shares of NYSE CMS opened at $69.18 on Monday. CMS Energy Corporation has a 1-year low of $62.28 and a 1-year high of $80.36. The business has a 50-day moving average of $66.94 and a 200-day moving average of $72.50. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.95 and a quick ratio of 0.67. The company has a market capitalization of $21.70 billion, a price-to-earnings ratio of 24.71, a PEG ratio of 2.53 and a beta of 0.31.

CMS Energy (NYSE:CMS – Get Free Report) last announced its earnings results on Tuesday, October 27th. The utilities provider reported $1.44 EPS for the quarter, beating the consensus estimate of $1.35 by $0.09. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.23 billion. CMS Energy had a return on equity of 12.28% and a net margin of 9.72%. The company’s revenue was up 8.0% on a year-over-year basis. During the same period last year, the business posted $0.93 EPS. On average, equities analysts anticipate that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 6th will be given a $0.57 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $2.28 annualized dividend and a yield of 3.3%. CMS Energy’s dividend payout ratio (DPR) is 81.43%.

About CMS Energy

(Free Report)

CMS Energy is a Michigan-based energy company and the parent of Consumers Energy, a regulated utility that provides electricity and natural gas to homes and businesses across Michigan’s Lower Peninsula. Consumers Energy serves customers in all 68 counties in the peninsula.

Through Consumers Energy, the company generates, purchases, transmits and distributes electricity, and supplies natural gas. Its operations include maintaining utility infrastructure and developing energy resources, including renewable generation, to support the region’s energy needs.

CMS Energy was formed as a holding company in 1987 and is headquartered in Jackson, Michigan.