Strs Ohio Sells 100,805 Shares of CMS Energy Corporation $CMS

Strs Ohio cut its stake in CMS Energy Corporation (NYSE:CMS) by 18.2% during the third quarter, HoldingsChannel reports. The fund owned 452,113 shares of the utilities provider’s stock after selling 100,805 shares during the quarter. Strs Ohio’s holdings in CMS Energy were worth $33,122,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CMS. HM Payson & Co. boosted its position in CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 141 shares in the last quarter. First Horizon Corp purchased a new stake in shares of CMS Energy during the third quarter valued at about $26,000. Covestor Ltd boosted its holdings in shares of CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock valued at $31,000 after buying an additional 145 shares in the last quarter. Trust Co. of Vermont grew its position in shares of CMS Energy by 127.7% in the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after buying an additional 300 shares during the last quarter. Finally, Tobam grew its position in shares of CMS Energy by 35.0% in the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after buying an additional 145 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $72.47, for a total value of $289,880.00. Following the completion of the transaction, the senior vice president directly owned 64,259 shares in the company, valued at $4,656,849.73. This trade represents a 5.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.40% of the stock is currently owned by insiders.

CMS Energy Trading Down 0.5%

NYSE:CMS opened at $70.63 on Friday. The company has a market capitalization of $21.49 billion, a P/E ratio of 20.41, a PEG ratio of 2.52 and a beta of 0.49. The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 1.84. CMS Energy Corporation has a 12 month low of $65.17 and a 12 month high of $76.45. The firm has a fifty day simple moving average of $71.34 and a 200-day simple moving average of $72.15.

CMS Energy (NYSE:CMS) last issued its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a return on equity of 12.10% and a net margin of 12.62%.The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the business posted $0.84 EPS. The firm’s quarterly revenue was up 15.9% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS and its FY 2025 guidance at 3.560-3.600 EPS. On average, equities research analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on CMS shares. Morgan Stanley reissued an “underperform” rating on shares of CMS Energy in a research report on Wednesday. UBS Group reduced their price target on CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. KeyCorp raised their price objective on CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Wells Fargo & Company dropped their target price on CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CMS Energy currently has a consensus rating of “Moderate Buy” and an average price target of $77.42.

CMS Energy Company Profile

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.