National Pension Service Buys 17,290 Shares of CMS Energy Corporation $CMS

Key Points

• National Pension Service increased its CMS Energy position by 69.3% in the second quarter, acquiring 17,290 additional shares and bringing its total holdings to 42,256 shares valued at $3.23 million.
• Institutional investors own 93.57% of CMS Energy, with California State Teachers Retirement System making a particularly large increase and several other major funds establishing new positions.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $81, compared with the stock’s $67.18 opening price. CMS Energy also reported quarterly EPS of $0.37, slightly exceeding estimates, and pays a $2.28 annualized dividend yielding about 3.4%.

National Pension Service raised its position in shares of CMS Energy Corporation (NYSE:CMS - Free Report) by 69.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,256 shares of the utilities provider's stock after acquiring an additional 17,290 shares during the period. National Pension Service's holdings in CMS Energy were worth $3,233,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CMS. California State Teachers Retirement System grew its stake in shares of CMS Energy by 7,677.9% in the second quarter. California State Teachers Retirement System now owns 27,390,749 shares of the utilities provider's stock valued at $2,095,392,000 after acquiring an additional 27,038,586 shares in the last quarter. GQG Partners LLC acquired a new stake in CMS Energy in the 2nd quarter worth about $363,388,000. Norges Bank acquired a new stake in CMS Energy in the 4th quarter worth about $316,057,000. Magellan Asset Management Ltd bought a new stake in CMS Energy in the 2nd quarter valued at about $194,237,000. Finally, Legal & General Group Plc bought a new stake in CMS Energy in the 2nd quarter valued at about $189,370,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CMS. Mizuho lowered their target price on shares of CMS Energy from $78.00 to $77.00 and set a "neutral" rating on the stock in a report on Wednesday, July 29th. 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 research note on Thursday, July 16th. Truist Financial lowered their price objective on CMS Energy from $85.00 to $81.00 and set a "buy" rating on the stock in a research note on Tuesday, August 4th. UBS Group reaffirmed a "neutral" rating and issued a $84.00 price objective on shares of CMS Energy in a report on Wednesday, July 29th. Finally, Weiss Ratings cut CMS Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $81.00.

CMS Energy Stock Up 0.0%

NYSE CMS opened at $67.18 on Monday. The business has a fifty day moving average price of $71.44 and a two-hundred day moving average price of $74.12. 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 fifty-two week low of $67.00 and a fifty-two week high of $80.36. The stock has a market capitalization of $21.07 billion, a PE ratio of 20.17, a PEG ratio of 2.46 and a beta of 0.34.

CMS Energy (NYSE:CMS - Get Free Report) last issued its quarterly 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. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the company posted $0.71 EPS. The company's revenue for the quarter was down .5% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Equities analysts expect that CMS Energy Corporation will post 3.87 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.28 annualized dividend and a yield of 3.4%. CMS Energy's payout ratio is presently 68.47%.

CMS Energy Profile

CMS Energy Corporation NYSE: CMS is an energy company headquartered in Jackson, Michigan. Its principal subsidiary, Consumers Energy, is a regulated utility that provides electric and natural gas service to residential, commercial and industrial customers throughout Michigan.

Consumers Energy operates and maintains a diverse energy infrastructure that includes electric generation, transmission and distribution systems, as well as natural gas storage and distribution networks. The company is also investing in renewable energy and other technologies intended to support a cleaner and more reliable energy system, while continuing to serve customers across Michigan's Lower Peninsula.

CMS Energy traces its history to the Consumers Power Company, which was founded in 1886.

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