American Century Companies Inc. Boosts Position in CMS Energy Corporation $CMS

American Century Companies Inc. raised its stake in CMS Energy Corporation (NYSE:CMS) by 32.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,346 shares of the utilities provider’s stock after buying an additional 27,774 shares during the period. American Century Companies Inc.’s holdings in CMS Energy were worth $7,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Bison Wealth LLC purchased a new stake in shares of CMS Energy in the fourth quarter valued at approximately $312,000. Federated Hermes Inc. raised its position in CMS Energy by 32.9% during the 1st quarter. Federated Hermes Inc. now owns 1,328 shares of the utilities provider’s stock valued at $100,000 after purchasing an additional 329 shares in the last quarter. Harbour Investments Inc. raised its position in CMS Energy by 38.1% during the 1st quarter. Harbour Investments Inc. now owns 1,110 shares of the utilities provider’s stock valued at $83,000 after purchasing an additional 306 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of CMS Energy by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 38,341,416 shares of the utilities provider’s stock worth $2,879,824,000 after buying an additional 166,328 shares during the period. Finally, Citizens Financial Group Inc. RI bought a new position in shares of CMS Energy during the 1st quarter worth $200,000. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Price Performance

Shares of CMS stock opened at $71.09 on Friday. CMS Energy Corporation has a fifty-two week low of $63.97 and a fifty-two week high of $76.45. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.60 and a current ratio of 0.90. The firm has a market capitalization of $21.63 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 2.73 and a beta of 0.47. The stock’s 50-day simple moving average is $73.69 and its 200-day simple moving average is $72.01.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.83 billion. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. CMS Energy’s revenue was up 15.9% on a year-over-year basis. During the same period last year, the firm posted $0.84 EPS. 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. As a group, equities analysts forecast that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were issued a dividend of $0.5425 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.1%. CMS Energy’s payout ratio is 62.72%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CMS shares. Barclays raised their price target on CMS Energy from $78.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. KeyCorp raised their target price on shares of CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Wall Street Zen raised shares of CMS Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Wells Fargo & Company upgraded shares of CMS Energy to a “hold” rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.36.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction on 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 owned 64,259 shares in the company, valued at $4,656,849.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.40% of the stock is currently owned by insiders.

CMS Energy Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.