BTG Pactual Asset Management US LLC Has $9.19 Million Holdings in CMS Energy Corporation $CMS

BTG Pactual Asset Management US LLC lifted its position in CMS Energy Corporation (NYSE:CMS) by 69.5% in the 2nd quarter, Holdings Channel reports. The fund owned 120,155 shares of the utilities provider’s stock after buying an additional 49,282 shares during the period. BTG Pactual Asset Management US LLC’s holdings in CMS Energy were worth $9,192,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC purchased a new stake in shares of CMS Energy in the fourth quarter valued at $312,000. Integrated Wealth Concepts LLC purchased a new position in shares of CMS Energy during the first quarter valued at $293,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in CMS Energy by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,638 shares of the utilities provider’s stock valued at $2,602,000 after buying an additional 3,367 shares during the period. Empowered Funds LLC raised its position in CMS Energy by 22.0% during the first quarter. Empowered Funds LLC now owns 6,788 shares of the utilities provider’s stock valued at $510,000 after buying an additional 1,226 shares during the period. Finally, Woodline Partners LP lifted its stake in CMS Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 25,243 shares of the utilities provider’s stock worth $1,896,000 after acquiring an additional 7,300 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CMS shares. Mizuho lowered their target price on CMS Energy from $78.00 to $77.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Weiss Ratings lowered shares of CMS Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. UBS Group restated a “neutral” rating and set a $84.00 price target on shares of CMS Energy in a report on Wednesday, July 29th. Jefferies Financial Group set a $78.00 price objective on shares of CMS Energy in a research report on Thursday, July 16th. Finally, Argus reiterated a “buy” rating and issued a $80.00 price objective on shares of CMS Energy in a research note on Wednesday, August 26th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.69.

CMS Energy Stock Performance

Shares of NYSE CMS opened at $68.21 on Monday. 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 one year low of $67.90 and a one year high of $80.36. The business’s 50-day moving average price is $73.16 and its two-hundred day moving average price is $74.65. The company has a market capitalization of $21.39 billion, a P/E ratio of 20.48, a price-to-earnings-growth ratio of 2.47 and a beta of 0.35.

CMS Energy (NYSE:CMS) last posted 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. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. CMS Energy had a return on equity of 10.76% and a net margin of 11.64%.The business’s quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the business earned $0.71 EPS. CMS Energy has set its FY 2026 guidance at 4.080-4.170 EPS. Analysts anticipate 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 will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 7th will be paid a $0.57 dividend. The ex-dividend date is Friday, August 7th. This represents a $2.28 dividend on an annualized basis and a yield of 3.3%. CMS Energy’s payout ratio is 68.47%.

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.