Investment activity in regards to CMS Energy Co. has picked up, with
American International Group Inc. and the Canada Pension Plan Investment Board adjusting their holdings, Orion Portfolio Solutions LLC and Avangrid making purchases, and banks such as JPMorgan Chase & Co maintaining substantial positions. On the other hand, 1832 Asset Management L.P. and CMS Energy executive have
reduced their stakes. Recently,
CMS Energy's stock price reached a
52-week high of $63.74, although it underperformed the market on certain days. The company's Q2 performances surpassed earnings estimates
despite revenues declining year on year. Better than expected Q1 earnings were announced too. The company has
backed its guidance after beating
2Q earnings expectations and reported strong results for consecutive years. NorthStar Clean Energy, CMS Energy’s arm, is
relocating to Ann Arbor while also powering Walmart Stores with clean energy. CMS Energy is planning to build a large-scale solar farm in Michigan and has unveiled a plan to clear 7,000 miles of trees near power lines. It has declared a
quarterly dividends of $0.515 and entered a deal with Jupiter for a 100MW battery storage facility.
Cms Energy Corporation CMS News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 14:50:09 GMT -
Rating 7
- Innovation 4
- Information 7
- Rumor 4
