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. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
Employees: 8,324
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
4,304% more call options, than puts
Call options by funds: $50.2M | Put options by funds: $1.14M
15% more repeat investments, than reductions
Existing positions increased: 259 | Existing positions reduced: 226
7% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 85
3% less funds holding
Funds holding: 698 [Q3] → 678 (-20) [Q4]
9.24% less ownership
Funds ownership: 103.89% [Q3] → 94.64% (-9.24%) [Q4]
14% less capital invested
Capital invested by funds: $21.9B [Q3] → $18.8B (-$3.05B) [Q4]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q3] → 4 (-1) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Nicholas Campanella 64% 1-year accuracy 50 / 78 met price target | 5%upside $75 | Overweight Upgraded | 20 Feb 2025 |
Guggenheim Shahriar Pourreza 71% 1-year accuracy 10 / 14 met price target | 3%downside $69 | Neutral Reiterated | 7 Feb 2025 |
Scotiabank Andrew Weisel 75% 1-year accuracy 21 / 28 met price target | 8%upside $77 | Sector Outperform Maintained | 12 Dec 2024 |
Morgan Stanley Stephen Byrd 58% 1-year accuracy 64 / 111 met price target | 6%downside $67 | Equal-Weight Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 14 articles about CMS published over the past 30 days


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

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

