First Trust Advisors Increases Stake in CMS Energy

Investment firm adds 75,241 shares to its portfolio of the Michigan-based utility provider

Published on Mar. 10, 2026

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According to a recent SEC filing, First Trust Advisors LP increased its stake in CMS Energy Corporation (NYSE:CMS) by 7.3% in the 3rd quarter. The firm now owns 1,104,269 shares of the utilities provider's stock, worth approximately $80.9 million.

Why it matters

CMS Energy is a major electric and natural gas utility serving customers across Michigan. The increase in First Trust's stake suggests the investment firm sees continued growth potential in the company, which could signal positive sentiment among institutional investors.

The details

First Trust Advisors bought an additional 75,241 shares of CMS Energy during the 3rd quarter, bringing its total position to over 1.1 million shares. This represents about 0.36% ownership in the $23.7 billion company. The purchase comes as CMS Energy has seen its stock price rise steadily over the past year, up nearly 15% as the company continues to invest in renewable energy infrastructure and grid modernization efforts.

  • First Trust Advisors increased its CMS Energy stake in the 3rd quarter of 2026.
  • CMS Energy's stock price has risen nearly 15% over the past year.

The players

First Trust Advisors LP

An investment management firm that oversees over $200 billion in assets, with a focus on exchange-traded funds and other investment products.

CMS Energy Corporation

A Michigan-based utility company that provides electric and natural gas services to customers across the state.

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The takeaway

The increase in First Trust's stake in CMS Energy suggests continued institutional confidence in the utility's growth prospects, particularly as it invests in renewable energy infrastructure and grid modernization to serve its Michigan customer base.