Envestnet Portfolio Solutions Inc. Trims Stock Holdings in CMS Energy Corporation $CMS

Envestnet Portfolio Solutions Inc. trimmed its position in CMS Energy Corporation (NYSE:CMS) by 77.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,736 shares of the utilities provider’s stock after selling 77,601 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in CMS Energy were worth $1,666,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. HM Payson & Co. lifted its holdings in CMS Energy by 65.6% in the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 141 shares during the period. First Horizon Corp purchased a new position in CMS Energy in the 3rd quarter valued at $26,000. Covestor Ltd lifted its stake in shares of CMS Energy by 52.0% in the third quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after buying an additional 145 shares in the last quarter. Trust Co. of Vermont boosted its holdings in shares of CMS Energy by 127.7% during the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 300 shares during the last quarter. Finally, Tobam boosted its stake in CMS Energy by 35.0% during the second quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after buying an additional 145 shares during the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

CMS Energy Trading Up 1.1%

Shares of CMS stock opened at $71.49 on Tuesday. The business’s fifty day moving average price is $71.28 and its 200 day moving average price is $72.19. 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 $21.76 billion, a PE ratio of 20.66, a P/E/G ratio of 2.51 and a beta of 0.49. CMS Energy Corporation has a 1-year low of $65.17 and a 1-year high of $76.45.

CMS Energy (NYSE:CMS) last released its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. CMS Energy had a net margin of 12.62% and a return on equity of 12.10%. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the previous year, the firm 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. As a group, sell-side analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the sale, the senior vice president directly owned 64,259 shares in the company, valued at $4,656,849.73. The trade was a 5.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.49% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their price objective on CMS Energy from $80.00 to $81.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. KeyCorp increased their price objective on CMS Energy from $76.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Wells Fargo & Company reduced their target price on shares of CMS Energy from $77.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Wall Street Zen downgraded CMS Energy from a “hold” rating to a “sell” rating in a report on Friday. Finally, Morgan Stanley restated an “underperform” rating on shares of CMS Energy in a report on Wednesday, January 21st. Eight 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $77.42.

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.