Intact Investment Management Inc. Has $5.99 Million Position in CMS Energy Corporation $CMS

Intact Investment Management Inc. boosted its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 81,700 shares of the utilities provider’s stock after acquiring an additional 7,100 shares during the quarter. Intact Investment Management Inc.’s holdings in CMS Energy were worth $5,985,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Bison Wealth LLC bought a new position in shares of CMS Energy during the 4th quarter valued at $312,000. Integrated Wealth Concepts LLC acquired a new position in CMS Energy during the first quarter worth $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in CMS Energy by 10.8% during 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 buying an additional 3,367 shares during the last quarter. Empowered Funds LLC raised its holdings in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after buying an additional 1,226 shares in the last quarter. Finally, Woodline Partners LP lifted its position 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 buying an additional 7,300 shares during the last quarter. 93.57% of the stock is owned by institutional investors.

Insider Buying and Selling at CMS Energy

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of CMS Energy stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $72.47, for a total transaction of $289,880.00. Following the sale, the senior vice president 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.49% of the company’s stock.

CMS Energy Stock Performance

NYSE CMS opened at $70.63 on Monday. The company’s fifty day moving average is $71.34 and its two-hundred day moving average is $72.19. CMS Energy Corporation has a 52-week low of $65.17 and a 52-week high of $76.45. 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 firm has a market capitalization of $21.49 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 2.51 and a beta of 0.49.

CMS Energy (NYSE:CMS) last released its earnings results on Thursday, October 30th. The utilities provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.07. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter last year, the company earned $0.84 earnings per share. The firm’s revenue 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. Equities research analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current year.

Analyst Upgrades and Downgrades

CMS has been the topic of a number of analyst reports. KeyCorp increased their price objective on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Wall Street Zen cut CMS Energy from a “hold” rating to a “sell” rating in a research report on Friday. JPMorgan Chase & Co. lifted their price target on shares of CMS Energy from $80.00 to $81.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Wells Fargo & Company reduced their price objective on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Finally, UBS Group lowered their target price on shares of CMS Energy from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.42.

About CMS Energy

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.