369,002 Shares in CMS Energy Corporation $CMS Acquired by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 369,002 CMS Energy shares worth approximately $28.2 million, while institutional investors and hedge funds collectively own 93.57% of the company.
• CMS Energy reported quarterly EPS of $0.37, slightly exceeding estimates, but revenue fell 0.5% year over year to $1.83 billion. The company provided fiscal 2026 EPS guidance of $4.08–$4.17.
• The company announced a quarterly dividend of $0.57 per share, equal to $2.28 annually and a 3.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $81.69.

Canada Pension Plan Investment Board bought a new stake in CMS Energy Corporation (NYSE:CMS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 369,002 shares of the utilities provider's stock, valued at approximately $28,229,000. Canada Pension Plan Investment Board owned approximately 0.12% of CMS Energy as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CMS. Bison Wealth LLC acquired a new stake in shares of CMS Energy during the 4th quarter worth about $312,000. Integrated Wealth Concepts LLC acquired a new position in CMS Energy in the first quarter valued at approximately $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in CMS Energy by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider's stock valued at $2,602,000 after purchasing an additional 3,367 shares during the last quarter. Empowered Funds LLC increased its stake in CMS Energy by 22.0% in the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider's stock valued at $510,000 after purchasing an additional 1,226 shares during the last quarter. Finally, Woodline Partners LP raised its holdings in CMS Energy by 40.7% during the first quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider's stock worth $1,896,000 after purchasing an additional 7,300 shares in the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

CMS Energy Stock Performance

NYSE:CMS opened at $68.21 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. The firm has a 50-day moving average price of $73.16 and a two-hundred day moving average price of $74.63. CMS Energy Corporation has a twelve month low of $67.90 and a twelve month high of $80.36. The company has a market capitalization of $21.39 billion, a P/E ratio of 20.48, a price-to-earnings-growth ratio of 2.48 and a beta of 0.35.

CMS Energy (NYSE:CMS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The company's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 earnings per share. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, research analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 7th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. CMS Energy's dividend payout ratio is presently 68.47%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CMS. Weiss Ratings lowered CMS Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. Jefferies Financial Group set a $78.00 target price on CMS Energy in a report on Thursday, July 16th. Argus reissued a "buy" rating and issued a $80.00 target price on shares of CMS Energy in a research report on Wednesday. KeyCorp lowered shares of CMS Energy from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley decreased their price target on shares of CMS Energy from $80.00 to $79.00 and set an "equal weight" rating for the company in a research note on Friday, August 21st. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $81.69.

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.

Want to see what other hedge funds are holding CMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CMS Energy Corporation (NYSE:CMS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.