Hsbc Holdings PLC Raises Stock Position in CMS Energy Corporation $CMS

Key Points

• HSBC Holdings increased its CMS Energy stake by 143.1% in the second quarter, acquiring 701,353 additional shares for a total holding valued at approximately $91.3 million. Institutional investors collectively own 93.57% of the company.
• CMS Energy reported quarterly EPS of $0.37, slightly above analyst expectations, while revenue of $1.83 billion fell short of estimates and declined 0.5% year over year. The company maintained fiscal 2026 EPS guidance of $4.08–$4.17.
• The utility pays a quarterly dividend of $0.57, equivalent to an annualized $2.28 and a 3.3% yield. Analysts have a consensus “Moderate Buy” rating with an average price target of $81.69, despite some recent rating downgrades.

Hsbc Holdings PLC lifted its stake in CMS Energy Corporation (NYSE:CMS - Free Report) by 143.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,191,547 shares of the utilities provider's stock after purchasing an additional 701,353 shares during the quarter. Hsbc Holdings PLC owned about 0.38% of CMS Energy worth $91,344,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CMS. Kilter Group LLC purchased a new position in shares of CMS Energy during the second quarter valued at approximately $26,000. Elyxium Wealth LLC bought a new position in shares of CMS Energy during the 4th quarter worth $29,000. DV Equities LLC purchased a new position in CMS Energy during the 4th quarter valued at about $29,000. MidFirst Bank purchased a new position in CMS Energy during the fourth quarter valued at approximately $31,000. Finally, Scarborough Advisors LLC purchased a new position in shares of CMS Energy in the 1st quarter valued at $31,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

CMS Energy Trading Down 0.1%

CMS opened at $68.41 on Monday. CMS Energy Corporation has a 1-year low of $67.19 and a 1-year high of $80.36. The firm has a market capitalization of $21.45 billion, a price-to-earnings ratio of 20.54, a price-to-earnings-growth ratio of 2.50 and a beta of 0.34. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.67. The company's 50 day simple moving average is $72.34 and its two-hundred day simple moving average is $74.40.

CMS Energy (NYSE:CMS - Get Free Report) last issued its 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 during the quarter, compared to analysts' expectations of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The firm's quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts expect that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were issued a $0.57 dividend. The ex-dividend date was 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 currently 68.47%.

Analysts Set New Price Targets

CMS has been the topic of a number of analyst reports. KeyCorp downgraded shares of CMS Energy from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 23rd. Weiss Ratings cut CMS Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, July 29th. Wall Street Zen upgraded shares of CMS Energy from a "strong sell" rating to a "sell" rating in a research report on Sunday, July 5th. JPMorgan Chase & Co. boosted their price target on CMS Energy from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Finally, Jefferies Financial Group set a $78.00 price objective on shares of CMS Energy in a research report on Thursday, July 16th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average 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.

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