Assenagon Asset Management S.A. Acquires 513,331 Shares of CMS Energy Corporation $CMS

Key Points

• Assenagon Asset Management increased its CMS Energy stake by 10,463.3%, acquiring 513,331 shares and bringing its total holdings to 518,237 shares valued at approximately $39.6 million. Institutional investors collectively own 93.57% of the company.
• CMS Energy reported quarterly EPS of $0.37, slightly above analysts’ $0.36 estimate, while revenue of $1.83 billion fell short of expectations and declined 0.5% year over year. The company set full-year 2026 EPS guidance at $4.08–$4.17.
• The company declared a quarterly dividend of $0.57 per share, equal to $2.28 annually and a 3.2% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $81.67, compared with the stock’s reported $71.10 price.

Assenagon Asset Management S.A. raised its holdings in CMS Energy Corporation (NYSE:CMS - Free Report) by 10,463.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 518,237 shares of the utilities provider's stock after acquiring an additional 513,331 shares during the period. Assenagon Asset Management S.A. owned about 0.17% of CMS Energy worth $39,645,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Quadrant Capital Group LLC increased its stake in CMS Energy by 3.3% during the 4th quarter. Quadrant Capital Group LLC now owns 4,259 shares of the utilities provider's stock worth $298,000 after purchasing an additional 137 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in CMS Energy by 1.5% in the fourth quarter. Hantz Financial Services Inc. now owns 9,467 shares of the utilities provider's stock valued at $662,000 after buying an additional 143 shares in the last quarter. Florida Financial Advisors LLC lifted its stake in CMS Energy by 4.9% in the fourth quarter. Florida Financial Advisors LLC now owns 3,174 shares of the utilities provider's stock valued at $220,000 after buying an additional 149 shares in the last quarter. Cim LLC boosted its holdings in shares of CMS Energy by 0.8% in the third quarter. Cim LLC now owns 19,038 shares of the utilities provider's stock valued at $1,395,000 after buying an additional 152 shares during the period. Finally, Norinchukin Bank The boosted its holdings in shares of CMS Energy by 0.9% in the third quarter. Norinchukin Bank The now owns 18,258 shares of the utilities provider's stock valued at $1,338,000 after buying an additional 156 shares during the period. 93.57% of the stock is currently owned by institutional investors.

CMS Energy Stock Down 0.1%

Shares of CMS stock opened at $71.10 on Friday. The firm's fifty day moving average price is $73.99 and its two-hundred day moving average price is $74.84. The company has a current ratio of 0.94, a quick ratio of 0.67 and a debt-to-equity ratio of 1.81. CMS Energy Corporation has a 1 year low of $68.64 and a 1 year high of $80.36. The firm has a market capitalization of $22.30 billion, a P/E ratio of 21.35, a PEG ratio of 2.57 and a beta of 0.35.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. The company had revenue of $1.83 billion during 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 quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. On average, equities analysts predict that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, August 7th. CMS Energy's dividend payout ratio (DPR) is currently 68.47%.

Insider Buying and Selling at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total transaction of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares of the company's stock, valued at $4,987,018.41. The trade was a 4.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.50% of the stock is owned by company insiders.

Analyst Ratings Changes

CMS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of CMS Energy from $82.00 to $85.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Weiss Ratings cut CMS Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. UBS Group reissued a "neutral" rating and issued a $84.00 price target on shares of CMS Energy in a research note on Wednesday, July 29th. Wells Fargo & Company set a $80.00 price target on CMS Energy in a report on Tuesday, April 21st. Finally, Barclays upped their price objective on CMS Energy from $79.00 to $81.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, CMS Energy currently has an average rating of "Moderate Buy" and a consensus price target of $81.67.

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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