Xponance Inc. Sells 8,809 Shares of CMS Energy Corporation $CMS

Xponance Inc. cut its position in CMS Energy Corporation (NYSE:CMS) by 15.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 46,591 shares of the utilities provider’s stock after selling 8,809 shares during the quarter. Xponance Inc.’s holdings in CMS Energy were worth $3,413,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. HM Payson & Co. boosted its holdings in shares of CMS Energy by 65.6% in the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 141 shares in the last quarter. Private Trust Co. NA boosted its stake in CMS Energy by 10.1% in the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider’s stock worth $114,000 after purchasing an additional 143 shares in the last quarter. Tobam grew its holdings in shares of CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 145 shares during the last quarter. Covestor Ltd increased its stake in shares of CMS Energy by 52.0% in the third 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. Finally, Exchange Traded Concepts LLC raised its holdings in shares of CMS Energy by 1.4% in the third quarter. Exchange Traded Concepts LLC now owns 12,680 shares of the utilities provider’s stock valued at $929,000 after buying an additional 178 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Insider Activity

In other news, Director Diane Leopold acquired 2,000 shares of CMS Energy stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average price of $76.70 per share, with a total value of $153,400.00. Following the purchase, the director directly owned 2,769 shares of the company’s stock, valued at $212,382.30. The trade was a 260.08% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John G. Russell sold 14,914 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $75.75, for a total transaction of $1,129,735.50. Following the transaction, the director owned 131,568 shares of the company’s stock, valued at approximately $9,966,276. This represents a 10.18% decrease in their position. The SEC filing for this sale provides additional information. 0.49% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CMS shares. BMO Capital Markets reissued an “outperform” rating and set a $80.00 price objective (up from $79.00) on shares of CMS Energy in a report on Monday, February 9th. JPMorgan Chase & Co. upped their target price on shares of CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Wall Street Zen cut shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Wells Fargo & Company dropped their price objective on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Finally, UBS Group reaffirmed a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $79.08.

CMS Energy Price Performance

Shares of CMS stock opened at $77.98 on Monday. The firm’s 50 day moving average price is $72.29 and its two-hundred day moving average price is $72.47. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.98. CMS Energy Corporation has a 52-week low of $67.71 and a 52-week high of $78.31. The stock has a market cap of $23.89 billion, a PE ratio of 22.09, a PEG ratio of 2.77 and a beta of 0.46.

CMS Energy (NYSE:CMS) last posted its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the prior year, the business posted $0.87 EPS. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. As a group, analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. This is an increase from CMS Energy’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, February 17th. CMS Energy’s dividend payout ratio (DPR) is 64.59%.

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.