Vanguard Group Inc. Has $2.84 Billion Stock Holdings in CMS Energy Corporation $CMS

Vanguard Group Inc. lifted its holdings in CMS Energy Corporation (NYSE:CMS) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,672,292 shares of the utilities provider’s stock after buying an additional 1,501,991 shares during the period. Vanguard Group Inc. owned about 0.13% of CMS Energy worth $2,844,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC boosted its position in shares of CMS Energy by 84.4% in the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after buying an additional 157 shares during the period. HM Payson & Co. boosted its position in shares of CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after buying an additional 141 shares during the period. First Horizon Corp acquired a new stake in shares of CMS Energy in the third quarter worth $26,000. Covestor Ltd boosted its position in shares of CMS Energy by 52.0% in the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after buying an additional 145 shares during the period. Finally, Dorato Capital Management acquired a new stake in shares of CMS Energy in the fourth quarter worth $37,000. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Price Performance

NYSE CMS opened at $75.92 on Wednesday. CMS Energy Corporation has a fifty-two week low of $67.71 and a fifty-two week high of $80.36. The stock’s 50-day moving average is $77.12 and its two-hundred day moving average is $74.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The firm has a market cap of $23.38 billion, a P/E ratio of 21.51, a price-to-earnings-growth ratio of 2.75 and a beta of 0.43.

CMS Energy (NYSE:CMS) last posted its earnings results 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 return on equity of 12.09% and a net margin of 12.54%.The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period last year, the company earned $1.02 earnings per share. The business’s revenue was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, analysts anticipate that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 8th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, May 8th. CMS Energy’s dividend payout ratio (DPR) is 64.59%.

Key Stories Impacting CMS Energy

Here are the key news stories impacting CMS Energy this week:

• Positive Sentiment: Q1 results beat expectations — CMS reported $1.13 EPS vs. $1.11 consensus and revenue jumped to $2.73B (y/y growth ~11.6%), which shows demand and margin strength. This is the primary driver of the stock move. Read More.
• Positive Sentiment: Management boosted its capital expenditure plan to support rising power demand and grid investment, signaling revenue/cash-flow drivers over coming years (growth-investment narrative). Read More.
• Neutral Sentiment: FY2026 adjusted EPS guidance was reaffirmed at $3.83–$3.90 (roughly in line with the Street), so while guidance is stable it doesn’t materially exceed expectations. Investors will watch execution against that range. Read More.
• Neutral Sentiment: Management commentary/earnings call transcript is available; executives struck a confident tone on growth but emphasized capital allocation choices — useful for understanding timing of rate cases and spend. Read More.
• Negative Sentiment: Funding and leverage risks — analysts and commentary highlighted that higher capex raises financing needs and exposes the company to execution/funding risk (debt levels and cost of capital will be watched). This is a key risk that could pressure the stock if costs or rate recovery slip. Read More.
• Negative Sentiment: Weather/storm-related headwinds and regulatory timing (rate relief uncertainty) remain potential near-term drags on results and earnings visibility. Read More.

Analyst Upgrades and Downgrades

CMS has been the subject of several recent analyst reports. BMO Capital Markets decreased their target price on CMS Energy from $86.00 to $85.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Wall Street Zen cut CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Barclays raised their target price on CMS Energy from $79.00 to $81.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Truist Financial initiated coverage on CMS Energy in a research report on Tuesday, April 21st. They issued a “buy” rating and a $86.00 target price for the company. Finally, Jefferies Financial Group raised their target price on CMS Energy from $79.00 to $81.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $81.67.

Insider Buying and Selling

In related news, Director Diane Leopold bought 2,000 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were bought at an average cost of $76.70 per share, for a total transaction of $153,400.00. Following the completion of the acquisition, the director directly owned 2,769 shares in the company, valued at approximately $212,382.30. This represents a 260.08% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John G. Russell sold 14,914 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $75.75, for a total value of $1,129,735.50. Following the transaction, the director owned 131,568 shares in the company, valued at approximately $9,966,276. This trade represents a 10.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,664 shares of company stock valued at $1,579,506 in the last three months. 0.50% of the stock is currently owned by corporate insiders.

CMS Energy 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.