CMS ENERGY CORP (CMS)
NYSE · Utilities · Electric & Other Services Combined
- Price
- $63.15
- Day
- -1.74%
- Market cap
- $19.8B
- P/E
- 22.3
Close 2026-09-23.
The company
General CMS Energy CMS Energy was formed as a corporation in Michigan in 1987 and is an energy company operating primarily in Michigan. It is the parent holding company of several subsidiaries, including Consumers, an electric and gas utility, and NorthStar Clean Energy, primarily a domestic independent power producer and marketer. Consumers’ customer base consists of a mix of primarily residential, commercial, and diversified industrial customers. NorthStar Clean Energy, through its subsidiaries and equity investments, is engaged in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. CMS Energy manages its businesses by the nature of services each provides, and operates principally in three business segments: electric utility; gas utility; and NorthStar Clean Energy, its non‑utility operations and investments. Consumers’ consolidated operations account for the substantial majority of CMS Energy’s total assets, income, and operating revenue. CMS Energy’s consolidated operating revenue was $8.5 billion in 2025, and $7.5 billion in 2024 and 2023. For further information about operating revenue, income, and assets and liabilities attributable to all of CMS Energy’s business segments and operations, see Item 8. Financial Statements and Supplementary Data—CMS Energy Consolidated Financial Statements and Notes to the Consolidated Financial Statements.
From Item 1: General · CMS Energy.
By business segment
- Electric Utility — 66%
- Gas Utility — 29%
- North Star Clean Energy — 5%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- VANGUARD CAPITAL MANAGEMENT LLC — $1.54B
- VANGUARD PORTFOLIO MANAGEMENT LLC — $1.46B
- STATE STREET CORP — $1.35B
- BlackRock, Inc. — $1.21B
- JPMORGAN CHASE & CO — $978.1M
- WELLINGTON MANAGEMENT GROUP LLP — $783.44M
- DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main — $603.02M
- GEODE CAPITAL MANAGEMENT, LLC — $587.76M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- MADDIPATI SRIKANTH (EVP/CFO) bought 200 shares at $72.45 on 2026-07-31
- Hofmeister Brandon J. (Senior Vice President) sold 3,000 shares at $74.31 on 2026-05-26
- McIntosh Scott B (VP, Controller, CAO) sold 1,750 shares at $78.21 on 2026-03-02
- Hofmeister Brandon J. (Senior Vice President) sold 4,000 shares at $78.24 on 2026-02-27
- Leopold Diane (Director) bought 2,000 shares at $76.70 on 2026-02-25
- RUSSELL JOHN G (Director) sold 14,914 shares at $75.76 on 2026-02-20
Recent filings
- 4 — 2026-08-03
- 10-Q — 2026-07-28
- 8-K — 2026-07-28
- 4 — 2026-06-16
- 3 — 2026-06-09
- 8-K — 2026-06-03
- 4 — 2026-05-27
- 144/A — 2026-05-26
- 8-K — 2026-05-13
- 424B5 — 2026-05-13