CMS Energy Corporation $CMS Shares Acquired by Aviva PLC

Aviva PLC increased its stake in shares of CMS Energy Corporation (NYSE:CMS) by 6.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 764,887 shares of the utilities provider’s stock after acquiring an additional 49,162 shares during the period. Aviva PLC’s holdings in CMS Energy were worth $52,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD grew its stake in shares of CMS Energy by 16.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,554,877 shares of the utilities provider’s stock valued at $1,243,438,000 after purchasing an additional 2,297,928 shares during the last quarter. Nuveen LLC acquired a new stake in shares of CMS Energy during the first quarter worth $106,745,000. Lord Abbett & CO. LLC grew its position in CMS Energy by 72.9% in the 1st quarter. Lord Abbett & CO. LLC now owns 2,302,338 shares of the utilities provider’s stock valued at $172,929,000 after buying an additional 970,510 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in CMS Energy by 29.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,407,152 shares of the utilities provider’s stock valued at $255,911,000 after buying an additional 783,077 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in CMS Energy by 20.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,483,585 shares of the utilities provider’s stock worth $336,762,000 after buying an additional 753,173 shares during the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Price Performance

CMS stock opened at $73.20 on Friday. The firm has a 50 day moving average of $72.59 and a 200-day moving average of $71.80. The company has a market cap of $22.28 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.76 and a beta of 0.42. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 1.93. CMS Energy Corporation has a 12-month low of $63.97 and a 12-month high of $76.45.

CMS Energy (NYSE:CMS) last released its quarterly earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a return on equity of 12.07% and a net margin of 12.76%.The business had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter in the prior year, the firm posted $0.84 EPS. The company’s revenue was up 15.9% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. As a group, equities analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th will be given a $0.5425 dividend. The ex-dividend date is Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy’s dividend payout ratio (DPR) is currently 62.72%.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total transaction of $289,880.00. Following the completion of the transaction, the senior vice president owned 64,259 shares in the company, valued at approximately $4,656,849.73. The trade was a 5.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Lauren Y. Snyder sold 2,220 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $71.26, for a total transaction of $158,197.20. Following the completion of the sale, the senior vice president directly owned 13,512 shares in the company, valued at $962,865.12. This trade represents a 14.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CMS. KeyCorp lifted their target price on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Morgan Stanley raised their price objective on shares of CMS Energy from $71.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Barclays boosted their target price on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company upgraded CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $78.36.

About CMS Energy

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.