Pacer Advisors Inc. Grows Position in CMS Energy Corporation $CMS

Pacer Advisors Inc. grew its position in CMS Energy Corporation (NYSE:CMS) by 39.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 39,362 shares of the utilities provider’s stock after acquiring an additional 11,204 shares during the quarter. Pacer Advisors Inc.’s holdings in CMS Energy were worth $2,753,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Quadrant Capital Group LLC increased its position in CMS Energy by 3.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider’s stock worth $298,000 after purchasing an additional 137 shares in the last quarter. Hantz Financial Services Inc. lifted its position in CMS Energy by 1.5% during the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider’s stock valued at $662,000 after buying an additional 143 shares in the last quarter. Florida Financial Advisors LLC lifted its position in CMS Energy by 4.9% during the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider’s stock valued at $220,000 after buying an additional 149 shares in the last quarter. Cim LLC grew its stake in CMS Energy by 0.8% during the third quarter. Cim LLC now owns 19,038 shares of the utilities provider’s stock worth $1,395,000 after buying an additional 152 shares during the period. Finally, Norinchukin Bank The grew its stake in CMS Energy by 0.9% during the third quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider’s stock worth $1,338,000 after buying an additional 156 shares during the period. Hedge funds and other institutional investors own 93.57% of the company’s stock.

CMS Energy Trading Up 2.1%

CMS opened at $75.36 on Wednesday. The firm has a market capitalization of $23.28 billion, a P/E ratio of 20.82, a P/E/G ratio of 2.67 and a beta of 0.35. The firm’s 50 day moving average is $74.11 and its 200-day moving average is $73.84. CMS Energy Corporation has a 52-week low of $68.41 and a 52-week 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 posted its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates 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 business’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.02 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Analysts expect that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders 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 dividend on an annualized basis and a yield of 3.0%. CMS Energy’s payout ratio is currently 62.98%.

Insiders Place Their Bets

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the transaction, the senior vice president directly owned 67,111 shares of the company’s stock, valued at $4,987,018.41. This represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CMS shares. 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 research note on Thursday, May 14th. Morgan Stanley set a $77.00 price target on shares of CMS Energy in a research report on Thursday, May 21st. Bank of America increased their price target on CMS Energy from $82.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Weiss Ratings reissued a “buy (b)” rating on shares of CMS Energy in a research report on Friday, June 5th. Finally, BMO Capital Markets reduced their price objective on CMS Energy from $82.00 to $81.00 and set an “outperform” rating on the stock in a research note on Thursday, June 4th. Seven 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, CMS Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.17.

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.