CMS ENERGY CORP (CMS)

Electric & Other Services Combined

Latest Price

$71.99

TTM P/E

19.89

Normalized P/E

20.53

Div Yield

3.05%

Book Value

30.16

P/B Ratio

2.39

Valuation metrics

EPS: $3.53

Book value / share: $29.84

Formula: √(22.5 × EPS × BVPS)

Graham Number

$48.69

33% downside

EPS: $3.53

Target P/E: 21×

Formula: EPS × P/E

P/E Fair Value

$74.13

+3% upside

86.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	33.56M	$2.60B	10.87%	+951.8K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	19.88M	$1.54B	6.43%	--	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	18.79M	$1.46B	6.08%	--	2026-03-31
STATE STREET CORP	18.10M	$1.40B	5.86%	+323.7K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	8.53M	$659.0M	2.76%	+205.0K	2026-03-31
DEUTSCHE BANK AG\	7.75M	$600.0M	2.51%	+496.2K	2026-03-31
Invesco Ltd.	7.65M	$593.0M	2.47%	+163.2K	2026-03-31
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	7.63M	$614.0M	2.47%	-642.0K	2026-03-31
VICTORY CAPITAL MANAGEMENT INC	6.84M	$530.0M	2.21%	-547.5K	2026-03-31
WELLINGTON MANAGEMENT GROUP LLP	6.66M	$516.0M	2.15%	+6.61M	2026-03-31