Forsta AP Fonden Decreases Holdings in CMS Energy Corporation $CMS

Forsta AP Fonden cut its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 32.0% during the 4th quarter, HoldingsChannel reports. The fund owned 50,800 shares of the utilities provider’s stock after selling 23,900 shares during the quarter. Forsta AP Fonden’s holdings in CMS Energy were worth $3,552,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in CMS. Bison Wealth LLC bought a new position in shares of CMS Energy in the fourth quarter worth approximately $312,000. Integrated Wealth Concepts LLC bought a new position in shares of CMS Energy in the first quarter worth approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of CMS Energy by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock worth $2,602,000 after purchasing an additional 3,367 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of CMS Energy by 22.0% in the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock worth $510,000 after purchasing an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP grew its holdings in shares of CMS Energy by 40.7% in the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after purchasing an additional 7,300 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

Wall Street Analysts Forecast Growth

CMS has been the topic of several recent analyst reports. Williams Trading set a $80.00 target price on shares of CMS Energy in a report on Monday, February 9th. JPMorgan Chase & Co. cut their target price on shares of CMS Energy from $86.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Wall Street Zen cut shares of CMS Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Mizuho raised their target price on shares of CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Truist Financial cut their target price on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, CMS Energy has an average rating of “Moderate Buy” and a consensus price target of $80.83.

Insiders Place Their Bets

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the sale, the senior vice president owned 67,111 shares in the company, valued at $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by company insiders.

CMS Energy Stock Performance

NYSE:CMS opened at $71.79 on Wednesday. The stock has a market cap of $22.18 billion, a P/E ratio of 19.83, a price-to-earnings-growth ratio of 2.55 and a beta of 0.35. The firm’s fifty day simple moving average is $75.56 and its 200 day simple moving average is $73.98. CMS Energy Corporation has a twelve month low of $68.41 and a twelve month high of $80.36. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.80.

CMS Energy (NYSE:CMS) last released its quarterly 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. The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. As a group, research analysts predict that CMS Energy Corporation will post 3.87 EPS for the current year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 8th were issued a $0.57 dividend. The ex-dividend date was Friday, May 8th. This represents a $2.28 annualized dividend and a yield of 3.2%. CMS Energy’s payout ratio is 62.98%.

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.