5 Biggest Electrical Companies in the USA

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In this article, we discuss the 5 biggest electrical companies in the USA. To read the industry analysis, you can go directly to the 10 Biggest Electrical Companies in the USA.

5. CMS Energy Corporation (NASDAQ:CMS)

Number of Hedge Fund Holders: 36

CMS Energy Corporation (NASDAQ:CMS) is a Michigan-based company that provides regulated electric and natural gas supply to approximately 6 million customers in the state of Michigan. The company’s recent voluntary separation program allowed employees to retire early for upfront payment which led to a decrease in the company’s earnings in the third quarter. However, reducing the workforce in such a way could be beneficial in reducing expenses for the future.

CMS Energy Corporation (NASDAQ:CMS) saw a substantially positive sentiment from hedge funds in the third quarter of 2022. In Q3, 36 hedge funds had a stake in the company, valued at $814.588 million, compared to 22 hedge funds with a combined investment of $431.87 million in the previous quarter. In the third quarter, Zimmer Partners increased its holdings in the company by 140% to $232.546 million and was the most notable stakeholder in CMS Energy Corporation (NASDAQ:CMS).

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