1 insider bought €13k of shares over the last 90 days, the latest by MADDIPATI SRIKANTH, filed 03 Aug 2026.
Headquartered in Jackson, United States, CMS Energy Corp belongs to the Energy sector and traces its origins to 1886. Filings by its managers are published through SEC (Form 4). From 21 October 2025 to 21 October 2026, the disclosure feed for CMS Energy Corp logged 32 filings by 12 insiders.
Both sides are active: 2 purchases worth €143k and 5 sales worth €1.8M, from 2 insiders and 3 insiders respectively. Netting one side against the other leaves €1.6M of net selling. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Russell John G filed the largest sale, €960k, on 23 February 2026, which represents 0.0043% of the company's market value. On the buying side, the filings list 1 finance chief and 1 senior executive among the declarants.
The most recent open-market purchase was published on 3 August 2026, 79 days ago. Typically, a trade is published a median of 3 days after it takes place. US insiders must file a Form 4 within two business days of a trade. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification.
With 32 filings in twelve months, the company is more active than the median of 19 filings across the 5,811 companies we follow on the same exchange. Since 2016, the database holds 2 purchases and 45 sales by insiders of the company. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists revenue at 8.54 bn USD and net income at 1.07 bn USD; the dividend was 2.17 USD per share.
Other companies in the same sector with recent insider buying flagged by our signals: RGC Resources Inc and Empire Petroleum Corp. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
+1 other insider
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate CMS Energy Corp Buy (bullish), based on 12 analysts. Average price target: US$75.83.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 270 declarations
CMS Energy Corp. (NYSE: CMS) is a U.S.-listed energy company headquartered in Jackson, Michigan, United States. For international investors, it should be viewed primarily as a regulated utility holding company with a strong domestic footprint rather than a diversified global energy group. Its core business is Consumers Energy, the company’s principal subsidiary and the main driver of earnings, cash flow, and capital investment. Consumers Energy traces its origins to 1886 in Jackson, and CMS Energy continues to operate from One Energy Plaza in Jackson, reflecting a long-standing base in the state of Michigan. ([cmsenergy.com](https://www.cmsenergy.com/contact-us/default.aspx?utm_source=openai))
CMS Energy operates through three main segments: electric utility, gas utility, and NorthStar Clean Energy, its non-utility operations and investments. Consumers Energy provides electric and natural gas service to a broad customer base in Michigan, with electric service across much of the Lower Peninsula and gas service across all 68 counties of the Lower Peninsula. That geographic concentration is strategically important: it gives the company scale in its home market, but also makes it highly dependent on Michigan regulation, service-territory economics, and local grid reliability trends. ([cmsenergy.com](https://www.cmsenergy.com/about-cms-energy/consumers-energy/default.aspx?LanguageId=1&utm_source=openai))
From a competitive standpoint, CMS Energy is best characterized as a defensive utility with a regulated asset base, recurring revenues, and a relatively stable customer mix. The company serves primarily residential, commercial, and diversified industrial customers through its regulated utility platform, while NorthStar Clean Energy provides a growth and diversification layer through independent power production, renewable development, and energy marketing. Compared with larger U.S. utilities, CMS is more concentrated geographically, but that focus can also support execution, regulatory clarity, and a more predictable capital-allocation framework. ([sec.gov](https://www.sec.gov/Archives/edgar/data/811156/000081115625000036/cms-20241231.htm?utm_source=openai))
Recent developments indicate continued emphasis on grid investment, balance-sheet management, and earnings growth. In 2025, CMS Energy raised its 2025 adjusted EPS guidance and initiated 2026 guidance, signaling management confidence in the forward outlook. The company also announced a new organizational structure to support its long-term strategy, along with convertible note financing and debt-tender activity aimed at proactive liability management. In addition, the board increased the quarterly dividend in 2025, reinforcing the company’s appeal for income-oriented investors. Overall, CMS Energy remains a Michigan-centric regulated utility with a defensive profile, a renewable transition component, and a market listing on the NYSE in the United States. ([cmsenergy.com](https://www.cmsenergy.com/investor-relations/news-releases/news-release-details/2025/CMS-Energy-Announces-Strong-Third-Quarter-Results-Raises-2025-Adjusted-EPS-Initiates-2026-Guidance/default.aspx?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendationsHeadquarters: Jackson, United States · Founded: 1886 · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 8.54 bn USD | 1.07 bn USD | 3.53 USD | 2.17 USD | 10-K |
| Dec 2024 | 7.51 bn USD | 1.00 bn USD | 3.33 USD | 2.06 USD | 10-K |
| Dec 2023 | 7.46 bn USD | 887.0 m USD | 3.01 USD | 1.95 USD | 10-K |
| Dec 2022 | 8.60 bn USD | 837.0 m USD | 2.85 USD | 1.84 USD | 10-K |
| Dec 2021 | 7.33 bn USD | 1.35 bn USD | 4.66 USD | 1.74 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.