Sumitomo Mitsui Trust Group Inc. Sells 24,797 Shares of CMS Energy Corporation $CMS

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in CMS Energy by 3.2% in Q4, selling 24,797 shares and leaving it with 738,338 shares valued at about $51.63 million.
• Insiders sold 20,664 shares worth $1.58M over the past three months, including SVP Brandon J. Hofmeister (4,000 shares at $78.23) and Director John G. Russell (14,914 shares at $75.75).
• CMS Energy beat Q4 estimates (EPS $0.95 vs. $0.94) with revenue up 12.3% YoY, set FY2026 guidance of 3.830–3.900 EPS, has a consensus "Moderate Buy" $80 target, and raised its quarterly dividend to $0.57 (2.9% yield).

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of CMS Energy Corporation (NYSE:CMS - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 738,338 shares of the utilities provider's stock after selling 24,797 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.24% of CMS Energy worth $51,632,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC lifted its holdings in shares of CMS Energy by 84.4% during the fourth quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider's stock worth $25,000 after purchasing an additional 157 shares during the period. HM Payson & Co. lifted its holdings in shares of CMS Energy by 65.6% during the third quarter. HM Payson & Co. now owns 356 shares of the utilities provider's stock worth $26,000 after purchasing an additional 141 shares during the period. First Horizon Corp acquired a new position in shares of CMS Energy during the third quarter worth $26,000. Covestor Ltd lifted its holdings in shares of CMS Energy by 52.0% during the third quarter. Covestor Ltd now owns 424 shares of the utilities provider's stock worth $31,000 after purchasing an additional 145 shares during the period. Finally, Dorato Capital Management acquired a new position in shares of CMS Energy during the fourth quarter worth $37,000. Institutional investors and hedge funds own 93.57% of the company's stock.

Insider Activity

In related news, SVP Brandon J. Hofmeister sold 4,000 shares of the business's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $78.23, for a total value of $312,920.00. Following the transaction, the senior vice president owned 70,670 shares in the company, valued at $5,528,514.10. The trade was a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John G. Russell sold 14,914 shares of the business's stock in a transaction 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 transaction, the director owned 131,568 shares in the company, valued at approximately $9,966,276. The trade was a 10.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,664 shares of company stock worth $1,579,506 in the last three months. Corporate insiders own 0.50% of the company's stock.

CMS Energy Price Performance

CMS stock opened at $77.53 on Thursday. The firm has a market cap of $23.88 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 2.79 and a beta of 0.43. The company has a quick ratio of 0.76, a current ratio of 0.98 and a debt-to-equity ratio of 1.89. CMS Energy Corporation has a 12-month low of $67.71 and a 12-month high of $80.36. The company's fifty day simple moving average is $76.77 and its 200 day simple moving average is $73.82.

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

CMS Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were issued a $0.57 dividend. The ex-dividend date was Tuesday, February 17th. This is a positive change from CMS Energy's previous quarterly dividend of $0.54. This represents a $2.28 annualized dividend and a yield of 2.9%. CMS Energy's dividend payout ratio (DPR) is presently 64.59%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Morgan Stanley set a $80.00 price target on shares of CMS Energy in a report on Friday, February 20th. KeyCorp lifted their price target on shares of CMS Energy from $79.00 to $83.00 and gave the stock an "overweight" rating in a report on Monday, March 2nd. JPMorgan Chase & Co. lifted their price target on shares of CMS Energy from $80.00 to $81.00 and gave the stock an "overweight" rating in a report on Thursday, January 15th. Weiss Ratings reiterated a "buy (b-)" rating on shares of CMS Energy in a report on Wednesday, January 21st. Finally, Jefferies Financial Group lifted their price target on shares of CMS Energy from $79.00 to $81.00 and gave the stock a "buy" rating in a report on Wednesday, January 28th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $80.00.

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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