Capital Group Private Client Services Inc. Sells 283,842 Shares of CMS Energy Corporation $CMS

Key Points

• Capital Group Private Client Services Inc. cut its stake in CMS Energy by 97.1%, selling 283,842 shares in the quarter and retaining 8,384 shares worth about $614,000.
• Insiders have been net sellers recently—20,664 shares worth roughly $1.58 million were sold in the last 90 days (including sales by SVP Brandon Hofmeister and Director John Russell), leaving insiders with 0.49% ownership while institutions hold about 93.57%.
• CMS Energy slightly beat quarterly EPS estimates ($0.95 vs. $0.94) with revenue up 12.3%, raised its quarterly dividend to $0.57 (annual $2.28, ~3.0% yield), and set FY2026 guidance of $3.83–$3.90 EPS; analysts' consensus target is ~$79.38 (Moderate Buy).

Capital Group Private Client Services Inc. cut its holdings in CMS Energy Corporation (NYSE:CMS - Free Report) by 97.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,384 shares of the utilities provider's stock after selling 283,842 shares during the period. Capital Group Private Client Services Inc.'s holdings in CMS Energy were worth $614,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HM Payson & Co. grew its position in shares of CMS Energy by 65.6% during the 3rd quarter. HM Payson & Co. now owns 356 shares of the utilities provider's stock worth $26,000 after purchasing an additional 141 shares in the last quarter. Private Trust Co. NA raised its position in shares of CMS Energy by 10.1% in the third quarter. Private Trust Co. NA now owns 1,562 shares of the utilities provider's stock valued at $114,000 after buying an additional 143 shares in the last quarter. Tobam raised its position in shares of CMS Energy by 35.0% in the second quarter. Tobam now owns 559 shares of the utilities provider's stock valued at $39,000 after buying an additional 145 shares in the last quarter. Covestor Ltd boosted 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 valued at $31,000 after buying an additional 145 shares during the period. Finally, Exchange Traded Concepts LLC grew its position in CMS Energy by 1.4% during the third quarter. Exchange Traded Concepts LLC now owns 12,680 shares of the utilities provider's stock worth $929,000 after buying an additional 178 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company's stock.

Insiders Place Their Bets

In other news, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $78.23, for a total value of $312,920.00. Following the completion of the transaction, the senior vice president owned 70,670 shares of the company's stock, valued at approximately $5,528,514.10. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John G. Russell sold 14,914 shares of the firm's stock in a transaction that occurred on 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 sale, the director owned 131,568 shares in the company, valued at approximately $9,966,276. The trade was a 10.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 20,664 shares of company stock worth $1,579,506 in the last ninety days. Insiders own 0.49% of the company's stock.

CMS Energy Stock Down 1.0%

NYSE CMS opened at $76.49 on Wednesday. The business has a fifty day moving average price of $73.33 and a two-hundred day moving average price of $72.70. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.98 and a quick ratio of 0.76. CMS Energy Corporation has a fifty-two week low of $67.71 and a fifty-two week high of $78.47. The stock has a market capitalization of $23.44 billion, a PE ratio of 21.67, a PEG ratio of 2.74 and a beta of 0.46.

CMS Energy (NYSE:CMS - Get Free Report) last issued its earnings results on Thursday, February 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.01. CMS Energy had a return on equity of 12.09% and a net margin of 12.54%.The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter last year, the business posted $0.87 EPS. The company's revenue was up 12.3% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. Equities analysts expect that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were given a $0.57 dividend. This is a boost from CMS Energy's previous quarterly dividend of $0.54. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Tuesday, February 17th. CMS Energy's dividend payout ratio (DPR) is presently 64.59%.

Analysts Set New Price Targets

A number of equities analysts have commented on CMS shares. Barclays raised their price objective on CMS Energy from $74.00 to $79.00 and gave the stock an "overweight" rating in a research note on Monday, February 23rd. Weiss Ratings reissued a "buy (b-)" rating on shares of CMS Energy in a report on Wednesday, January 21st. UBS Group restated a "neutral" rating on shares of CMS Energy in a research report on Friday, February 6th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $80.00 price target (up from $79.00) on shares of CMS Energy in a research note on Monday, February 9th. Finally, Morgan Stanley set a $80.00 price objective on shares of CMS Energy in a research report on Friday, February 20th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $79.38.

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.

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