CMS Energy Corporation $CMS Shares Sold by Legal & General Group Plc

Posted by Geri Gentry on May 28th, 2026

Legal & General Group Plc lessened its position in CMS Energy Corporation (NYSE:CMS – Free Report) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,653,464 shares of the utilities provider’s stock after selling 182,168 shares during the period. Legal & General Group Plc’s holdings in CMS Energy were worth $185,557,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of CMS. Bison Wealth LLC acquired a new stake in shares of CMS Energy in the 4th quarter worth about $312,000. Integrated Wealth Concepts LLC acquired a new stake in shares of CMS Energy in the 1st quarter worth about $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of CMS Energy by 10.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after acquiring an additional 3,367 shares during the period. Empowered Funds LLC grew its position in CMS Energy by 22.0% in the 1st quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after buying an additional 1,226 shares in the last quarter. Finally, Woodline Partners LP grew its position in CMS Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock valued at $1,896,000 after buying an additional 7,300 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the transaction, the senior vice president owned 70,670 shares in the company, valued at approximately $5,528,514.10. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Scott B. Mcintosh sold 1,750 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the transaction, the chief accounting officer owned 24,223 shares of the company’s stock, valued at approximately $1,894,238.60. This trade represents a 6.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 8,750 shares of company stock valued at $672,700. Insiders own 0.50% of the company’s stock.

CMS Energy Stock Performance

NYSE:CMS opened at $74.22 on Thursday. CMS Energy Corporation has a twelve month low of $68.37 and a twelve month high of $80.36. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.80. The company has a 50-day moving average of $75.89 and a 200-day moving average of $74.03. The firm has a market cap of $22.93 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 2.69 and a beta of 0.37.

CMS Energy (NYSE:CMS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.02. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $1.02 EPS. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Analysts forecast that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be given a dividend of $0.57 per share. The ex-dividend date is Friday, May 8th. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. CMS Energy’s dividend payout ratio (DPR) is 62.98%.

Analyst Upgrades and Downgrades

CMS has been the subject of a number of recent analyst reports. Wells Fargo & Company set a $80.00 target price on shares of CMS Energy in a research report on Tuesday, April 21st. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a research report on Friday, February 6th. Truist Financial decreased their target price on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Jefferies Financial Group increased their target price on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Barclays decreased their target price on shares of CMS Energy from $81.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.83.

Check Out Our Latest Analysis on CMS

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.