CMS Energy
About: CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
Employees: 8,356
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7,407% more call options, than puts
Call options by funds: $54.1M | Put options by funds: $720K
19% more repeat investments, than reductions
Existing positions increased: 264 | Existing positions reduced: 221
17% more capital invested
Capital invested by funds: $17B [Q2] → $20B (+$2.92B) [Q3]
13% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 79
1% more funds holding
Funds holding: 674 [Q2] → 684 (+10) [Q3]
1.13% less ownership
Funds ownership: 95.88% [Q2] → 94.76% (-1.13%) [Q3]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 38 / 69 met price target | 11%upside $76 | Buy Initiated | 5 Nov 2024 |
BMO Capital James Thalacker 74% 1-year accuracy 55 / 74 met price target | 11%upside $76 | Outperform Maintained | 1 Nov 2024 |
Wells Fargo Neil Kalton 69% 1-year accuracy 33 / 48 met price target | 13%upside $77 | Overweight Maintained | 16 Oct 2024 |
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 0%downside $68 | Equal-Weight Maintained | 15 Oct 2024 |
Mizuho Anthony Crowdell 66% 1-year accuracy 21 / 32 met price target | 6%upside $72 | Neutral Downgraded | 15 Oct 2024 |
Financial journalist opinion
Based on 11 articles about CMS published over the past 30 days
