APG Asset Management N.V. Has $33.05 Million Stock Holdings in CMS Energy Corporation $CMS

APG Asset Management N.V. trimmed its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 2.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 451,066 shares of the utilities provider’s stock after selling 9,529 shares during the quarter. APG Asset Management N.V. owned 0.15% of CMS Energy worth $33,045,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. HM Payson & Co. increased its position in shares of CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 141 shares in the last quarter. First Horizon Corp bought a new stake in CMS Energy in the 3rd quarter valued at $26,000. Covestor Ltd boosted its stake in CMS Energy by 52.0% in the 3rd quarter. Covestor Ltd now owns 424 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 145 shares during the period. Tobam increased its holdings in CMS Energy by 35.0% during the 2nd quarter. Tobam now owns 559 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 145 shares in the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of CMS Energy in the 3rd quarter valued at about $40,000. Institutional investors own 93.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CMS. UBS Group reiterated a “neutral” rating on shares of CMS Energy in a report on Friday, February 6th. Morgan Stanley set a $80.00 target price on CMS Energy in a report on Friday, February 20th. Barclays increased their price target on CMS Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a research report on Monday, February 23rd. Mizuho upped their price objective on CMS Energy from $73.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Bank of America set a $82.00 price objective on CMS Energy in a report on Friday, January 30th. Eight research analysts have rated the stock with a Buy rating and six have issued 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 price target of $79.08.

CMS Energy Price Performance

Shares of CMS opened at $77.98 on Monday. The company’s 50-day moving average is $72.29 and its 200-day moving average is $72.47. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. The firm has a market capitalization of $23.89 billion, a PE ratio of 22.09, a PEG ratio of 2.77 and a beta of 0.46. CMS Energy Corporation has a fifty-two week low of $67.71 and a fifty-two week high of $78.31.

CMS Energy (NYSE:CMS) last announced its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. CMS Energy’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities analysts forecast that CMS Energy Corporation will post 3.59 EPS for the current year.

CMS Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were issued a $0.57 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $2.28 dividend on an annualized basis and a yield of 2.9%. This is a positive change from CMS Energy’s previous quarterly dividend of $0.54. CMS Energy’s payout ratio is currently 64.59%.

Insiders Place Their Bets

In other CMS Energy news, Director Diane Leopold bought 2,000 shares of CMS Energy stock in a transaction dated Wednesday, February 25th. The stock was bought at an average price of $76.70 per share, with a total value of $153,400.00. Following the completion of the transaction, the director owned 2,769 shares in the company, valued at $212,382.30. The trade was a 260.08% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John G. Russell sold 14,914 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $75.75, for a total transaction of $1,129,735.50. Following the completion of the transaction, the director owned 131,568 shares in the company, valued at $9,966,276. This trade represents a 10.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.49% of the stock is currently owned by company insiders.

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.