BNP Paribas Financial Markets Has $39.89 Million Holdings in CMS Energy Corporation $CMS

BNP Paribas Financial Markets lifted its position in shares of CMS Energy Corporation (NYSE:CMS) by 66.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 570,443 shares of the utilities provider’s stock after purchasing an additional 228,224 shares during the quarter. BNP Paribas Financial Markets’ holdings in CMS Energy were worth $39,891,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of CMS. Norges Bank bought a new position in shares of CMS Energy during the 4th quarter worth approximately $316,057,000. Vanguard Group Inc. lifted its position in shares of CMS Energy by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 40,672,292 shares of the utilities provider’s stock worth $2,844,213,000 after buying an additional 1,501,991 shares during the period. Pictet Asset Management Holding SA lifted its position in shares of CMS Energy by 70.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 3,571,251 shares of the utilities provider’s stock worth $249,738,000 after buying an additional 1,481,779 shares during the period. Soroban Capital Partners LP lifted its position in shares of CMS Energy by 215.8% during the 2nd quarter. Soroban Capital Partners LP now owns 1,435,170 shares of the utilities provider’s stock worth $99,429,000 after buying an additional 980,733 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of CMS Energy by 3,585.4% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 443,054 shares of the utilities provider’s stock worth $32,458,000 after buying an additional 431,032 shares during the period. Institutional investors and hedge funds own 93.57% of the company’s stock.

CMS Energy Trading Down 1.9%

Shares of CMS opened at $70.46 on Thursday. The stock has a fifty day moving average price of $75.42 and a two-hundred day moving average price of $73.94. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.66 and a current ratio of 0.84. CMS Energy Corporation has a 52-week low of $68.41 and a 52-week high of $80.36. The company has a market cap of $21.77 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 2.60 and a beta of 0.35.

CMS Energy (NYSE:CMS) last issued its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.02. CMS Energy had a return on equity of 12.17% and a net margin of 12.55%.The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the previous year, the company posted $1.02 EPS. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. Analysts predict 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 Friday, May 29th. Shareholders of record on Friday, May 8th were given a $0.57 dividend. The ex-dividend date was Friday, May 8th. This represents a $2.28 annualized dividend and a yield of 3.2%. CMS Energy’s payout ratio is presently 62.98%.

Insider Transactions at CMS Energy

In other CMS Energy news, SVP Brandon J. Hofmeister sold 3,000 shares of CMS Energy stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the transaction, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. The trade was a 4.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

CMS has been the subject of several analyst reports. KeyCorp raised their target price on CMS Energy from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Morgan Stanley set a $77.00 target price on CMS Energy in a research report on Thursday, May 21st. Truist Financial cut their target price on CMS Energy from $86.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, May 18th. BMO Capital Markets cut their target price on CMS Energy from $85.00 to $82.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. Finally, Williams Trading set a $80.00 target price on CMS Energy in a research report on Monday, February 9th. Eight investment analysts have rated the stock with a Buy rating and five have given 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 price target of $80.83.

About CMS Energy

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.