Robeco Institutional Asset Management B.V. Sells 8,128 Shares of CMS Energy Corporation $CMS

Robeco Institutional Asset Management B.V. decreased its position in shares of CMS Energy Corporation (NYSE:CMS - Free Report) by 54.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,848 shares of the utilities provider's stock after selling 8,128 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in CMS Energy were worth $474,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. USA Financial Formulas bought a new position in CMS Energy during the 2nd quarter worth approximately $916,000. Trust Co. of Vermont grew its position in shares of CMS Energy by 127.7% during the 2nd quarter. Trust Co. of Vermont now owns 535 shares of the utilities provider's stock worth $37,000 after buying an additional 300 shares during the period. Trivium Point Advisory LLC grew its position in shares of CMS Energy by 16.7% during the 2nd quarter. Trivium Point Advisory LLC now owns 5,598 shares of the utilities provider's stock worth $388,000 after buying an additional 801 shares during the period. V Square Quantitative Management LLC grew its position in shares of CMS Energy by 7.6% during the 2nd quarter. V Square Quantitative Management LLC now owns 7,859 shares of the utilities provider's stock worth $544,000 after buying an additional 555 shares during the period. Finally, LVW Advisors LLC grew its position in shares of CMS Energy by 16.0% during the 2nd quarter. LVW Advisors LLC now owns 4,867 shares of the utilities provider's stock worth $337,000 after buying an additional 670 shares during the period. Institutional investors own 93.57% of the company's stock.

Insiders Place Their Bets

In other news, SVP Lauren Y. Snyder sold 2,220 shares of CMS Energy stock in a transaction on Friday, September 5th. The stock was sold at an average price of $71.26, for a total transaction of $158,197.20. Following the sale, the senior vice president directly owned 13,512 shares in the company, valued at $962,865.12. The trade was a 14.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Brandon J. Hofmeister sold 2,000 shares of CMS Energy stock in a transaction on Friday, August 8th. The stock was sold at an average price of $73.62, for a total value of $147,240.00. Following the sale, the senior vice president owned 68,036 shares in the company, valued at $5,008,810.32. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.40% of the company's stock.

Analyst Upgrades and Downgrades

CMS has been the subject of several recent analyst reports. Morgan Stanley reduced their price objective on shares of CMS Energy from $73.00 to $71.00 and set an "equal weight" rating for the company in a research report on Thursday, September 25th. Barclays raised their price objective on shares of CMS Energy from $77.00 to $78.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 22nd. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of CMS Energy in a research report on Wednesday. Wall Street Zen downgraded shares of CMS Energy from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Finally, Wolfe Research reissued a "peer perform" rating on shares of CMS Energy in a research report on Monday, July 7th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $77.36.

CMS Energy Price Performance

CMS opened at $73.42 on Thursday. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77. The company has a market capitalization of $21.98 billion, a price-to-earnings ratio of 21.72, a P/E/G ratio of 2.74 and a beta of 0.40. The firm's fifty day moving average price is $72.22 and its two-hundred day moving average price is $71.64. CMS Energy Corporation has a 1 year low of $63.97 and a 1 year high of $76.45.

CMS Energy (NYSE:CMS - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.04. The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.68 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The business's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.66 EPS. CMS Energy has set its FY 2025 guidance at 3.540-3.600 EPS. As a group, analysts anticipate that CMS Energy Corporation will post 3.59 earnings per share for the current fiscal year.

CMS Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 8th were paid a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, August 8th. CMS Energy's payout ratio is presently 64.20%.

CMS Energy Company Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

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