CMS Energy SVP Hofmeister sells $147k in stock

Published 12/08/2025, 16:08
CMS Energy SVP Hofmeister sells $147k in stock

CMS Energy (NYSE:CMS), a $21.8 billion utility company known for its stable performance and 18-year streak of dividend increases, saw Senior Vice President Brandon J. Hofmeister sell 2,000 shares of company stock on August 8, 2025, according to a Form 4 filing with the Securities and Exchange Commission.

The shares were sold at a price of $73.623, with the total transaction amounting to $147,246. Following the transaction, Hofmeister directly owns 68,036 shares of CMS Energy. The filing also notes that Hofmeister indirectly owns 1 share in a custodial account for his son. According to InvestingPro analysis, CMS Energy currently trades near its Fair Value, with the stock showing relatively low price volatility and maintaining a P/E ratio of 21.4. For deeper insights into insider trading patterns and comprehensive financial analysis, including 6 additional key ProTips, explore the detailed CMS Energy Pro Research Report on InvestingPro.

In other recent news, CMS Energy reported second-quarter 2025 adjusted earnings per share of $0.71, surpassing the consensus estimate of $0.68. This performance led Mizuho (NYSE:MFG) to raise its price target for CMS Energy to $74 from $68, while maintaining a Neutral rating. Additionally, CMS Energy declared a quarterly dividend of 54.25 cents per share on its common stock, payable on August 29, 2025, to shareholders of record as of August 8, 2025. Consumers Energy, a subsidiary of CMS Energy, has announced plans to upgrade 135 miles of natural gas pipelines in Michigan, involving over 600 employees and contractors. The utility aims to replace outdated infrastructure to ensure reliable service for its 1.8 million natural gas customers. Furthermore, CMS Energy disclosed pricing terms for a $147 million debt tender offer to purchase outstanding bonds from Consumers Energy. The company will purchase these bonds at a total consideration of $565.15 per $1,000 principal amount, including an early tender payment for those who tendered by the June 17 deadline. Lastly, Consumers Energy declared a quarterly dividend of $1.125 per share on its preferred stock, payable on October 1, 2025, for shareholders on record by September 2, 2025.

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