Artemis Investment Management LLP Sells 76,069 Shares of CMS Energy Corporation $CMS

Key Points

• Artemis Investment Management LLP cut its stake in CMS Energy by 30.6% in Q4, selling 76,069 shares and now holds 172,501 shares valued at about $12,063,000 (~0.06% of the company).
• Company insiders have sold a total of 20,664 shares in the last 90 days (including CAO Scott B. McIntosh and SVP Brandon J. Hofmeister) totaling roughly $1.58M0.50% of the stock.
• CMS Energy beat Q results with EPS of $1.13 (vs. $1.11) and revenue of $2.73B, set FY2026 guidance of 3.83–3.90 EPS, and declared a quarterly dividend of $0.57 (3.0% yield); analysts' consensus is a Moderate Buy with an average price target of $81.50.

Artemis Investment Management LLP reduced its stake in CMS Energy Corporation (NYSE:CMS - Free Report) by 30.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 172,501 shares of the utilities provider's stock after selling 76,069 shares during the quarter. Artemis Investment Management LLP owned approximately 0.06% of CMS Energy worth $12,063,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Horizon Investments LLC raised its position in shares of CMS Energy by 1.4% in the fourth quarter. Horizon Investments LLC now owns 11,570 shares of the utilities provider's stock valued at $809,000 after purchasing an additional 157 shares during the period. Fifth Third Bancorp grew its stake in CMS Energy by 2.7% in the 4th quarter. Fifth Third Bancorp now owns 37,768 shares of the utilities provider's stock valued at $2,641,000 after buying an additional 986 shares during the last quarter. Sigma Planning Corp grew its stake in CMS Energy by 5.0% in the 4th quarter. Sigma Planning Corp now owns 33,421 shares of the utilities provider's stock valued at $2,337,000 after buying an additional 1,585 shares during the last quarter. US Bancorp DE raised its holdings in CMS Energy by 64.9% in the 4th quarter. US Bancorp DE now owns 365,442 shares of the utilities provider's stock worth $25,555,000 after acquiring an additional 143,881 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in CMS Energy by 3.1% in the 4th quarter. Wealthfront Advisers LLC now owns 173,398 shares of the utilities provider's stock worth $12,126,000 after acquiring an additional 5,187 shares during the period. Institutional investors own 93.57% of the company's stock.

Insider Transactions at CMS Energy

In other news, CAO Scott B. Mcintosh sold 1,750 shares of CMS Energy stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $78.20, for a total transaction of $136,850.00. Following the sale, the chief accounting officer directly owned 24,223 shares in the company, valued at approximately $1,894,238.60. The trade was a 6.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the company's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the sale, the senior vice president directly owned 70,670 shares in the company, valued at approximately $5,528,514.10. The trade was a 5.36% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 20,664 shares of company stock valued at $1,579,506. Company insiders own 0.50% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on CMS. Truist Financial initiated coverage on shares of CMS Energy in a report on Tuesday, April 21st. They set a "buy" rating and a $86.00 price target for the company. UBS Group reissued a "neutral" rating on shares of CMS Energy in a research report on Friday, February 6th. Wall Street Zen downgraded CMS Energy from a "hold" rating to a "sell" rating in a research note on Saturday, February 14th. Jefferies Financial Group raised their target price on CMS Energy from $79.00 to $81.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. Finally, BMO Capital Markets dropped their price target on CMS Energy from $86.00 to $85.00 and set an "outperform" rating on the stock in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $81.50.

CMS Energy Stock Down 0.9%

Shares of CMS opened at $76.06 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.76 and a current ratio of 0.84. The company has a 50-day simple moving average of $77.13 and a 200-day simple moving average of $74.07. CMS Energy Corporation has a 52 week low of $67.71 and a 52 week high of $80.36. The firm has a market capitalization of $23.50 billion, a P/E ratio of 21.01, a P/E/G ratio of 2.75 and a beta of 0.37.

CMS Energy (NYSE:CMS - Get Free Report) last released its earnings results on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The business had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period last year, the business earned $1.02 earnings per share. The firm's revenue for the quarter was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, equities research analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be given a dividend of $0.57 per share. The ex-dividend date is Friday, May 8th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. CMS Energy's payout ratio is currently 62.98%.

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.

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