CMS Energy (CMS) Evp/cfo Srikanth Maddipati Buys 10,184 Shares

CFO Srikanth Maddipati acquired 10,184 shares of CMS Energy on June 15, 2026.

Reviewed by automated data checks against the source filing. How we make and check alerts

Srikanth Maddipati, EVP/CFO at CMS Energy Corporation ($CMS), bought 10,184 shares on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.

Since the trade, $CMS is up 0.2% after 1 week, up 0.5% after 1 month and down 6.0% to date (from the $73.06 close on Jun 15, 2026).

Find the original: CMS Form 4 filings on SEC EDGAR

CMS CMS Energy Corporation
$68.70 -0.15% year to date
Daily close · Oct 16, 2026

Key Points

  • Srikanth Maddipati, CFO of CMS Energy, bought 10,184 shares on June 15, 2026.
  • CMS Energy, trading at $74.02, has a market cap of $22.75 billion and a P/E ratio of 20.35.
  • Jefferies downgraded CMS Energy to hold with a $74 target, while BMO Capital maintained a buy rating.

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Srikanth Maddipati, the Executive Vice President and Chief Financial Officer of CMS Energy Corporation, purchased 10,184 shares of the company on June 15, 2026. The transaction was reported as a direct acquisition, although the shares were acquired at a price of $0.00, indicating a potential grant or award.

Insider Buying and Selling at CMS Energy Corporation

On June 15, 2026, Srikanth Maddipati, EVP and CFO of CMS Energy, bought 10,184 shares. This purchase was not part of a pre-planned trading program. Earlier, on May 26, 2026, Brandon Hofmeister, a Senior Vice President, sold 3,000 shares at an average price of $74.31. Additionally, on May 8, 2026, several insiders, including John Russell, Ronald Tanski, Myrna Soto, and Ralph Izzo, each acquired 2,411 shares.

Other Institutional Activity in CMS Energy

Among CMS Energy's institutional investors, BlackRock, Inc. increased its holdings by 951,848 shares, bringing its total to 33,563,574 shares valued at approximately $2.60 billion. Vanguard Capital Management LLC added 19,877,297 shares, holding a total of 19,877,297 shares worth roughly $1.54 billion. State Street Corp boosted its position by 323,696 shares, now owning 18,099,033 shares valued at about $1.40 billion. In contrast, JPMorgan Chase & Co reduced its stake by 860,611 shares, ending with 15,839,684 shares valued at $1.22 billion.

CMS Energy Corporation Stock Up 13.0%

Shares of CMS Energy Corporation (NYSE: CMS) traded at $74.02. The company has a market cap of $22.75 billion and a P/E ratio of 20.35. Its stock has a 52-week range between $68.41 and $80.36, with a 50-day moving average of $74.68 and a 200-day moving average of $73.56. CMS Energy's current ratio stands at 0.842 and its debt-to-equity ratio is 189.84.

Recent Earnings

CMS Energy reported revenue of $8.82 billion, with a revenue growth rate of 11.6%. The company's net profit margin was 12.55%, and its return on equity was 10.37%. Earnings per share stood at $3.62. The next earnings report is expected on July 30, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

D+ 46/100

Reported Apr 28, 2026

  1. Forward outlook

    2 target cuts vs 1 raises.

  2. EPS & revenue

    EPS beat estimates by 1.9%. Revenue beat estimates by 10.5%.

  3. Profit surprise

    EBITDA missed by 4 percent. Operating income met by 0 percent.

  4. Pre-earnings setup

    Expectations were about average.

  5. Analyst signal

    1 target raise, 2 target cuts.

  6. Earnings quality

    Gross margin up 13.9 points. Operating margin down 2.2 points. Positive free cash flow.

Earnings Call Summary

CMS delivered first quarter adjusted earnings of $1.13 per share, beating consensus by $0.02, aided by rate relief and strong performance at NorthStar. Revenue of $2.73 billion beat consensus of $2.47 billion. The company is making progress on two major data center prospects that could materialize starting in 2028 and signed about $110 million worth of new industrial load contracts year to date. Management emphasized Michigan's attractiveness for growth with over 100 megawatts of new load signed so far in 2026, including Michigan Potash and Salt Company. An ice storm in March offset some gains.

Guidance CMS reaffirmed full year earnings guidance of $3.83 to $3.90 per share, expressing confidence toward the high end. The company expects 6 percent to 8 percent long-term adjusted earnings per share growth paired with approximately 3 percent dividend yield. Management believes new data center load and manufacturing growth in Michigan will support 2 percent to 3 percent annual sales growth over the next five years.

Negative report. Results or guidance disappointed and expectations are likely to move lower.

Dividend

CMS Energy offers an annual dividend rate of $2.28, yielding 3.1%. The dividend payout ratio is 60.79%, reflecting the portion of earnings distributed as dividends.

Analysts Set New Price Targets

On June 4, 2026, Jefferies downgraded CMS Energy to a hold rating with a price target of $74. BMO Capital maintained its buy rating, setting the target at $81. Truist Securities and JP Morgan also maintained buy ratings with targets of $83 and $82, respectively. The consensus among analysts is a buy recommendation, with a mean price target of $79.79 based on 14 opinions.

About CMS Energy

CMS Energy Corporation is a utility company based in Jackson, Michigan. It operates through three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The company generates and distributes electricity and natural gas to about 1.9 million electric and 1.8 million gas customers in Michigan. Led by CEO Garrick J. Rochow, CMS Energy employs around 8,350 people and is focused on providing reliable and affordable energy services.

Bottom Line

Srikanth Maddipati's recent purchase of CMS Energy shares highlights insider confidence in the company. As a major player in Michigan's utility sector, CMS Energy continues to attract institutional interest, with notable activity from key investors. While the 13F filings provide a historical snapshot, investors should consider current market conditions and analyst insights when evaluating the stock.

Source: Srikanth Maddipati's Form 4 filing on $CMS (Jun 15, 2026). Find the original filing: CMS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts

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