Ascent Group LLC Increases Stock Holdings in CMS Energy Corporation $CMS

Ascent Group LLC increased its stake in shares of CMS Energy Corporation (NYSE:CMS) by 727.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,594 shares of the utilities provider’s stock after buying an additional 21,622 shares during the quarter. Ascent Group LLC’s holdings in CMS Energy were worth $1,802,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Segment Wealth Management LLC grew its stake in shares of CMS Energy by 3.4% in the 3rd quarter. Segment Wealth Management LLC now owns 6,390 shares of the utilities provider’s stock worth $468,000 after acquiring an additional 210 shares in the last quarter. First American Bank boosted its holdings in CMS Energy by 2.4% during the third quarter. First American Bank now owns 83,244 shares of the utilities provider’s stock worth $6,098,000 after purchasing an additional 1,942 shares during the last quarter. HM Payson & Co. grew its position in 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 purchasing an additional 141 shares in the last quarter. Ethic Inc. increased its stake in CMS Energy by 13.4% in the 3rd quarter. Ethic Inc. now owns 7,407 shares of the utilities provider’s stock valued at $543,000 after buying an additional 874 shares during the last quarter. Finally, Mattson Financial Services LLC bought a new position in shares of CMS Energy during the 3rd quarter worth approximately $306,000. 93.57% of the stock is currently owned by institutional investors.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were 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 directly owned 64,259 shares of the company’s stock, valued at approximately $4,656,849.73. This trade represents a 5.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.40% of the company’s stock.

CMS Energy Stock Down 0.6%

Shares of NYSE CMS opened at $69.98 on Friday. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.90 and a quick ratio of 0.60. The stock has a market capitalization of $21.30 billion, a PE ratio of 20.23, a P/E/G ratio of 2.66 and a beta of 0.49. CMS Energy Corporation has a one year low of $63.97 and a one year high of $76.45. The business’s fifty day moving average price is $72.28 and its 200-day moving average price is $72.02.

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

CMS Energy Dividend Announcement

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

Analyst Ratings Changes

CMS has been the topic of a number of research analyst reports. Barclays boosted their target price on CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, October 8th. KeyCorp raised their target price on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. lowered their target price on CMS Energy from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Finally, Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th. Nine 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 a consensus rating of “Moderate Buy” and an average target price of $78.25.

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.