CMS CMS Energy (CMS) Insider Trading, Ownership & Congress Trades
Utilities · Electric & other services combined · CIK 0000811156
C-suite buying · 1
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
445
13F, latest reported quarter
What the filings say about CMS
Insiders, 180 days
-$208.4K net sold
1 buyer · 1 seller · 0% of sales under a 10b5-1 plan
Congress, 1 year
0 bought · 1 sold
Latest: sale, 2025-12-18
CMS Energy insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, CMS ENERGY CORP insiders sold a net $208.4K of stock across 53 Form 4 purchases and sales, with 1 insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 0.6% of the 34,895 shares held after it.
- No other insider bought within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP/CFO MADDIPATI SRIKANTH bought about $14.5K of CMS on Jul 31, 2026; 445 funds added in the latest 13F quarter.Context
- 15 earlier Form 4 trades (code P or S) here by this insider (15 sales), the last on Feb 27, 2026.
- The trade is 4.5% of the 67,111 shares held after it.
- No other insider sold within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Hofmeister Brandon J. sold about $222.9K of CMS on May 26, 2026; 445 funds added in the latest 13F quarter.Context
- 6 earlier Form 4 trades (code P or S) here by this insider (6 sales), the last on Feb 13, 2025.
- The trade is 7.2% of the 24,223 shares held after it.
- 2 other insiders sold within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: VP, Controller, CAO McIntosh Scott B sold about $136.9K of CMS on Mar 2, 2026; 2 other insiders sold within 30 days and 445 funds added in the latest 13F quarter.Context
- 14 earlier Form 4 trades (code P or S) here by this insider (14 sales), the last on Nov 3, 2025.
- The trade is 5.7% of the 70,670 shares held after it.
- 2 other insiders sold within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Hofmeister Brandon J. sold about $313.0K of CMS on Feb 27, 2026; 2 other insiders sold within 30 days and 445 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 72.2% of the 2,769 shares held after it.
- No other insider bought within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Leopold Diane bought about $153.4K of CMS on Feb 25, 2026, the largest insider purchase at the company on our record; 445 funds added in the latest 13F quarter.53 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$208.4K over 180 days
+$14.5K over 90 days
more than 57% of Utilities
Congress
no House purchase disclosed in the last 12 months
Funds
445 funds bought in last quarter
more than 74% of Utilities
Revenue
+13.5% year over year
more than 72% of Utilities
Margin
12.9% net margin
more than 60% of Utilities
Buybacks
no share repurchases reported
Short interest
5.6% of the float short (float per yahoo 2026-10-26) · 4.1 days to cover · settled 2026-09-30
more than 78% of Utilities
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch CMS
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-3.7%12M
Insider buyInsider sell
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns CMS: institutional holders (13F)
13F holdings, latest reported quarter
33,068,880 sh
$2.5B
20,166,948 sh
$1.5B
19,050,893 sh
$1.5B
17,705,946 sh
$1.4B
16,409,389 sh
$1.3B
Congress trades in CMS
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2025-12-18 · disclosed 28 days later
$1,001 - $15,000
Sold 2025-12-09 · disclosed 37 days later
$1,001 - $15,000
Sold 2025-12-08 · disclosed 240 days later
$1,001 - $15,000
Sold 2025-11-13 · disclosed 28 days later
$1,001 - $15,000
Sold 2025-08-14 · disclosed 28 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
CMS planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
CMS mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Guardian Global Utilities VIP Fund
$1.9M position · as of 2026-06-30
4.8%
ICON UTILITIES AND INCOME FUND
$933.3K position · as of 2026-06-30
4.0%
Virtus Reaves Utilities ETF
$47.4M position · as of 2026-07-31
3.6%
Nomura Climate Solutions Fund
$4.5M position · as of 2026-06-30
3.6%
PGIM Jennison Utility Fund
$109.5M position · as of 2026-05-29
3.3%
SPIRIT OF AMERICA UTILITIES FUND
$1.8M position · as of 2026-06-30
3.1%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Corporate PAC
The company's PAC: committee totals only, never individual donors (FEC).
Cms Energy Corporation Employees For Better Government- Federal
Cycle 2026 · $214K spent
$218.8K
Federal Election Commission, matched by the PAC's connected organisation
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows a net $208.4K sold by insiders over 180 days, 445 funds added last quarter. Each figure is a federal filing, dated the day it went public.
CMS financials
Revenue growth
+13.5%
XBRL, annual
Net margin
12.9%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$8.8B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM CMS
| FY Dec 2025 | $8.5B |
| FY Dec 2024 | $7.5B |
| FY Dec 2023 | $7.5B |
| FY Dec 2022 | $8.6B |
| FY Dec 2021 | n/a |
| Jun 2026 | $1.8B |
| Mar 2026 | $2.7B |
| Dec 2025 | $2.2B |
| Sep 2025 | $2.0B |
| Jun 2025 | $1.8B |
| Mar 2025 | $2.4B |
| Dec 2024 | $2.0B |
| Sep 2024 | $1.7B |
At each fiscal year end
Single quarter
Net margin, TTM
+11.6%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM CMS
| FY Dec 2025 | +12.5% |
| FY Dec 2024 | +13.3% |
| FY Dec 2023 | +11.9% |
| FY Dec 2022 | +9.7% |
| FY Dec 2021 | n/a |
| Jun 2026 | +6.6% |
| Mar 2026 | +12.5% |
| Dec 2025 | +12.9% |
| Sep 2025 | +13.7% |
| Jun 2025 | +10.9% |
| Mar 2025 | +12.4% |
| Dec 2024 | +13.3% |
| Sep 2024 | +14.5% |
At each fiscal year end
Single quarter
Free cash flow, TTM
n/a
capex not filed for the four quarters
Free cash flow, TTM CMS
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | -$162.0M |
| FY Dec 2022 | -$1.5B |
| FY Dec 2021 | -$257.0M |
| Jun 2026 | -$345.0M |
| Mar 2026 | -$334.0M |
| Dec 2025 | n/a |
| Sep 2025 | -$635.0M |
| Jun 2025 | -$470.0M |
| Mar 2025 | $112.0M |
| Dec 2024 | n/a |
| Sep 2024 | -$502.0M |
At each fiscal year end
Single quarter
Debt to equity
1.95x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity CMS
| FY Dec 2025 | 2.05x |
| FY Dec 2024 | 1.99x |
| FY Dec 2023 | 2.05x |
| FY Dec 2022 | 2.03x |
| FY Dec 2021 | 1.87x |
| Jun 2026 | 1.95x |
| Mar 2026 | 1.99x |
| Dec 2025 | 2.05x |
| Sep 2025 | 2.03x |
| Jun 2025 | 2.13x |
| Mar 2025 | 2.02x |
| Dec 2024 | 1.99x |
| Sep 2024 | 1.98x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.11x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt CMS
| FY Dec 2025 | 0.12x |
| FY Dec 2024 | 0.14x |
| FY Dec 2023 | 0.15x |
| FY Dec 2022 | 0.06x |
| FY Dec 2021 | 0.15x |
| Jun 2026 | 0.11x |
| Mar 2026 | 0.10x |
| Dec 2025 | 0.12x |
| Sep 2025 | 0.12x |
| Jun 2025 | 0.12x |
| Mar 2025 | 0.14x |
| Dec 2024 | 0.14x |
| Sep 2024 | 0.15x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+11.3%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity CMS
| FY Dec 2025 | +12.3% |
| FY Dec 2024 | +12.7% |
| FY Dec 2023 | +12.2% |
| FY Dec 2022 | +12.3% |
| FY Dec 2021 | +22.3% |
| Jun 2026 | +11.3% |
| Mar 2026 | +12.4% |
| Dec 2025 | +12.3% |
| Sep 2025 | +12.3% |
| Jun 2025 | +12.5% |
| Mar 2025 | +12.5% |
| Dec 2024 | +12.7% |
| Sep 2024 | +13.7% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+2.6%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets CMS
| FY Dec 2025 | +2.8% |
| FY Dec 2024 | +2.9% |
| FY Dec 2023 | +2.7% |
| FY Dec 2022 | +2.8% |
| FY Dec 2021 | +4.6% |
| Jun 2026 | +2.6% |
| Mar 2026 | +2.9% |
| Dec 2025 | +2.8% |
| Sep 2025 | +2.9% |
| Jun 2025 | +2.8% |
| Mar 2025 | +2.9% |
| Dec 2024 | +2.9% |
| Sep 2024 | +3.1% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+4.8%
operating income after a 21.2% effective tax rate, over long-term 2026-06-30 plus current 2026-06-30 plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital CMS
| FY Dec 2025 | +5.1% |
| FY Dec 2024 | +5.2% |
| FY Dec 2023 | +4.6% |
| FY Dec 2022 | +5.3% |
| FY Dec 2021 | +5.6% |
| Jun 2026 | +4.8% |
| Mar 2026 | +4.9% |
| Dec 2025 | +5.1% |
| Sep 2025 | +5.3% |
| Jun 2025 | +5.3% |
| Mar 2025 | +5.4% |
| Dec 2024 | +5.2% |
| Sep 2024 | +5.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+4.6%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed CMS
| FY Dec 2025 | +5.0% |
| FY Dec 2024 | +4.7% |
| FY Dec 2023 | +4.2% |
| FY Dec 2022 | +4.5% |
| FY Dec 2021 | +4.3% |
| Jun 2026 | +4.6% |
| Mar 2026 | +4.9% |
| Dec 2025 | +5.0% |
| Sep 2025 | +5.1% |
| Jun 2025 | +4.8% |
| Mar 2025 | +4.8% |
| Dec 2024 | +4.7% |
| Sep 2024 | +4.7% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
20.90x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing CMS
| FY Dec 2025 | 19.81x |
| FY Dec 2024 | 20.02x |
| FY Dec 2023 | 19.29x |
| FY Dec 2022 | 22.22x |
| FY Dec 2021 | 13.96x |
| Jun 2026 | 22.97x |
| Mar 2026 | 21.43x |
| Dec 2025 | 19.81x |
| Sep 2025 | 21.11x |
| Jun 2025 | 20.44x |
| Mar 2025 | 22.22x |
| Dec 2024 | 20.02x |
| Sep 2024 | 20.18x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$40.6B
market value at close 2026-10-26 on 2026-07-13 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2026-06-30
Enterprise value CMS
| FY Dec 2025 | $39.5B |
| FY Dec 2024 | $36.2B |
| FY Dec 2023 | $32.2B |
| FY Dec 2022 | $32.4B |
| FY Dec 2021 | $30.8B |
| Jun 2026 | $42.4B |
| Mar 2026 | $42.5B |
| Dec 2025 | $39.5B |
| Sep 2025 | $39.5B |
| Jun 2025 | $37.8B |
| Mar 2025 | $38.8B |
| Dec 2024 | $36.2B |
| Sep 2024 | $36.7B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
capex not filed for the four quarters
FCF yield CMS
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | -1.0% |
| FY Dec 2022 | -8.3% |
| FY Dec 2021 | -1.4% |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing EPS growth -2%, PEG needs growth
PEG, trailing CMS
| FY Dec 2025 | 3.30x |
| FY Dec 2024 | 1.88x |
| FY Dec 2023 | 3.44x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | 0.18x |
| Jun 2026 | n/a |
| Mar 2026 | 3.02x |
| Dec 2025 | 3.30x |
| Sep 2025 | n/a |
| Jun 2025 | 5.12x |
| Mar 2025 | 7.29x |
| Dec 2024 | 1.88x |
| Sep 2024 | 0.53x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $8.5B | $7.5B | $7.5B | $8.6B |
| Operating income | $1.7B | $1.5B | $1.2B | $1.2B |
| Net income | $1.1B | $1.0B | $887.0M | $837.0M |
| EPS (diluted) | 3.53 | 3.33 | 3.01 | 2.85 |
| Operating cash flow | $2.2B | $2.4B | $2.3B | $855.0M |
| Cash | $509.0M | $103.0M | $227.0M | $164.0M |
| Long-term debt | $17.8B | $15.2B | $14.5B | $13.1B |
SEC XBRL, fiscal years, as known on 2026-10-28
CMS Stock Sonar score 6/7 axes
Find similar shapesCompareCMS ranks highest on growth (72nd percentile) and risk and compliance (65th), and lowest on financial health (21st), among Utilities peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
CMS filings, in plain words
Are CMS Energy insiders buying or selling CMS?
In the 180 days to 2026-10-28, CMS Energy insiders were net sellers, a net $208.4K: $14.5K of purchases and $222.9K of sales reported on Form 4, by 1 buyer and 1 seller.
Have members of Congress traded CMS?
Yes. In the year to 2026-10-28, 0 House members disclosed buying CMS and 1 House member disclosed selling it; the latest on record is a sale by Julie Johnson dated 2025-12-18.
Read the full summary
In the 180 days to 2026-10-28, CMS Energy insiders were net sellers of CMS, a net $208.4K across purchases and sales reported on Form 4 by 1 buyer and 1 seller. Sales outweighed purchases more than tenfold by value. In the year to 2026-10-28, 0 members of Congress disclosed buying CMS and 1 member disclosed selling it; the latest on record is a sale by Julie Johnson dated 2025-12-18. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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