Hsbc Holdings PLC Purchases Shares of 1,191,547 CMS Energy Corporation $CMS

Key Points

• HSBC Holdings PLC acquired 1,191,547 CMS Energy shares valued at approximately $91.3 million, while institutional investors and hedge funds collectively own 93.57% of the company.
• Analyst sentiment is broadly positive, with seven Buy ratings and six Holds; CMS Energy has a “Moderate Buy” consensus rating and an average price target of $81.69.
• CMS Energy slightly beat quarterly EPS expectations at $0.37 versus $0.36, announced a quarterly dividend of $0.57 per share, and was trading at $69.25 with a 3.3% dividend yield.

Hsbc Holdings PLC purchased a new position in shares of CMS Energy Corporation (NYSE:CMS - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,191,547 shares of the utilities provider's stock, valued at approximately $91,344,000. Hsbc Holdings PLC owned approximately 0.38% of CMS Energy as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CMS. Canada Pension Plan Investment Board bought a new stake in shares of CMS Energy in the 2nd quarter valued at $28,229,000. Legal & General Group Plc bought a new position in CMS Energy during the second quarter worth $189,370,000. The Manufacturers Life Insurance Company acquired a new stake in CMS Energy in the second quarter worth $15,612,000. Fiduciary Financial Advisors bought a new stake in CMS Energy in the second quarter valued at $53,000. Finally, Cibc World Market Inc. acquired a new position in shares of CMS Energy during the second quarter valued at about $3,839,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Jefferies Financial Group set a $78.00 target price on CMS Energy in a research note on Thursday, July 16th. Truist Financial reduced their price objective on CMS Energy from $85.00 to $81.00 and set a "buy" rating for the company in a research note on Tuesday, August 4th. Morgan Stanley decreased their price objective on CMS Energy from $80.00 to $79.00 and set an "equal weight" rating for the company in a report on Friday, August 21st. KeyCorp downgraded CMS Energy from an "overweight" rating to a "sector weight" rating in a report on Thursday, July 23rd. Finally, Barclays upped their target price on CMS Energy from $79.00 to $81.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $81.69.

CMS Energy Trading Up 0.7%

NYSE:CMS opened at $69.25 on Thursday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. CMS Energy Corporation has a one year low of $67.90 and a one year high of $80.36. The company has a market cap of $21.72 billion, a PE ratio of 20.80, a PEG ratio of 2.49 and a beta of 0.35. The firm has a 50-day moving average of $73.37 and a 200-day moving average of $74.71.

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 for the quarter, beating the consensus estimate of $0.36 by $0.01. The business had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.87 billion. CMS Energy had a net margin of 11.64% and a return on equity of 10.76%. The firm's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. As a group, equities research analysts expect that CMS Energy Corporation will post 3.87 EPS 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. Stockholders of record on Friday, August 7th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Friday, August 7th. CMS Energy's dividend payout ratio (DPR) is currently 68.47%.

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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