GQG Partners LLC Buys Shares of 4,750,161 CMS Energy Corporation $CMS

GQG Partners LLC purchased a new position in shares of CMS Energy Corporation (NYSE:CMS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,750,161 shares of the utilities provider’s stock, valued at approximately $363,388,000.

Several other institutional investors and hedge funds also recently modified their holdings of CMS. iA Global Asset Management Inc. boosted its stake in CMS Energy by 2.3% during the 4th quarter. iA Global Asset Management Inc. now owns 1,323,167 shares of the utilities provider’s stock valued at $92,529,000 after purchasing an additional 30,000 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of CMS Energy by 3.8% in 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 in the last quarter. RIA Advisory Group LLC bought a new stake in shares of CMS Energy in the 4th quarter worth $974,000. Capital Innovations LLC acquired a new stake in shares of CMS Energy in the fourth quarter valued at $1,652,000. Finally, US Bancorp DE lifted its holdings in shares of CMS Energy by 64.9% in the fourth quarter. US Bancorp DE now owns 365,442 shares of the utilities provider’s stock valued at $25,555,000 after buying an additional 143,881 shares during the period. Institutional investors own 93.57% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CMS shares. Wall Street Zen raised CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Jefferies Financial Group set a $78.00 price objective on shares of CMS Energy in a research report on Thursday, July 16th. BMO Capital Markets raised their price objective on shares of CMS Energy from $81.00 to $86.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. Truist Financial dropped their target price on shares of CMS Energy from $85.00 to $81.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Finally, Morgan Stanley cut their target price on shares of CMS Energy from $80.00 to $79.00 and set an “equal weight” rating for the company in a research note on Friday. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $81.83.

CMS Energy Trading Down 2.0%

NYSE:CMS opened at $68.41 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.94 and a debt-to-equity ratio of 1.81. CMS Energy Corporation has a 1-year low of $68.25 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 2.47 and a beta of 0.35. The stock has a fifty day simple moving average of $73.65 and a 200 day simple moving average of $74.75.

CMS Energy (NYSE:CMS) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter last year, the business posted $0.71 EPS. CMS Energy’s revenue was down .5% on a year-over-year basis. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Sell-side analysts forecast that CMS Energy Corporation will post 3.87 earnings per share for the current year.

CMS Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 7th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. CMS Energy’s payout ratio is currently 68.47%.

Insider Activity at CMS Energy

In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $74.31, for a total value of $222,930.00. Following the completion of the sale, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. This represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.50% of the company’s stock.

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.