XTX Topco Ltd Has $3.56 Million Stake in CMS Energy Corporation $CMS

by · The Cerbat Gem

XTX Topco Ltd increased its position in shares of CMS Energy Corporation (NYSE:CMS – Free Report) by 109.5% during the 2nd quarter, Holdings Channel reports. The firm owned 51,339 shares of the utilities provider’s stock after purchasing an additional 26,828 shares during the quarter. XTX Topco Ltd’s holdings in CMS Energy were worth $3,557,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CMS. Price T Rowe Associates Inc. MD grew its stake in shares of CMS Energy by 16.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,554,877 shares of the utilities provider’s stock worth $1,243,438,000 after acquiring an additional 2,297,928 shares during the period. Nuveen LLC purchased a new position in CMS Energy during the first quarter worth about $106,745,000. Lord Abbett & CO. LLC increased its position in shares of CMS Energy by 72.9% in the first quarter. Lord Abbett & CO. LLC now owns 2,302,338 shares of the utilities provider’s stock worth $172,929,000 after purchasing an additional 970,510 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of CMS Energy by 29.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,407,152 shares of the utilities provider’s stock valued at $255,911,000 after buying an additional 783,077 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of CMS Energy by 20.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,483,585 shares of the utilities provider’s stock valued at $336,762,000 after buying an additional 753,173 shares in the last quarter. 93.57% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CMS Energy

In other CMS Energy news, SVP Lauren Y. Snyder sold 2,220 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $71.26, for a total value of $158,197.20. Following the completion of the transaction, the senior vice president owned 13,512 shares in the company, valued at approximately $962,865.12. This represents a 14.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Brandon J. Hofmeister sold 4,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $72.47, for a total value of $289,880.00. Following the transaction, the senior vice president owned 64,259 shares in the company, valued at $4,656,849.73. This trade represents a 5.86% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is currently owned by company insiders.

CMS Energy Trading Up 0.7%

Shares of CMS stock opened at $74.85 on Wednesday. CMS Energy Corporation has a 1 year low of $63.97 and a 1 year high of $76.45. 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 stock’s 50 day simple moving average is $73.29 and its two-hundred day simple moving average is $71.87. The company has a market cap of $22.78 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 2.76 and a beta of 0.42.

CMS Energy (NYSE:CMS – Get Free Report) last issued its earnings results on Thursday, October 30th. The utilities provider reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.83 billion. CMS Energy had a net margin of 12.76% and a return on equity of 12.07%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.84 EPS. CMS Energy has set its FY 2026 guidance at 3.800-3.870 EPS. FY 2025 guidance at 3.560-3.600 EPS. Research analysts predict that CMS Energy Corporation will post 3.59 earnings per share for the current year.

CMS Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th will be paid a dividend of $0.5425 per share. The ex-dividend date is Friday, November 7th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 2.9%. CMS Energy’s dividend payout ratio (DPR) is presently 62.72%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CMS. Barclays lifted their target price on shares of CMS Energy from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Morgan Stanley increased their price target on shares of CMS Energy from $71.00 to $76.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company raised CMS Energy to a “hold” rating in a research report on Tuesday, October 28th. KeyCorp boosted their price objective on shares of CMS Energy from $76.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of CMS Energy in a research report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, CMS Energy presently has a consensus rating of “Moderate Buy” and an average price target of $78.36.

View Our Latest Research Report on CMS Energy

CMS Energy Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding CMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CMS Energy Corporation (NYSE:CMS – Free Report).