Texas Permanent School Fund Corp Sells 7,554 Shares of DTE Energy Company $DTE

Texas Permanent School Fund Corp decreased its holdings in shares of DTE Energy Company (NYSE:DTE) by 34.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,610 shares of the utilities provider’s stock after selling 7,554 shares during the period. Texas Permanent School Fund Corp’s holdings in DTE Energy were worth $1,935,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Quintet Private Bank Europe S.A. acquired a new position in DTE Energy in the second quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of DTE Energy in the 2nd quarter valued at $32,000. Beacon Capital Management Inc. acquired a new position in shares of DTE Energy during the 2nd quarter valued at $34,000. Legacy Investment Solutions LLC bought a new position in DTE Energy during the second quarter worth $35,000. Finally, AlphaQuest LLC grew its holdings in DTE Energy by 28,600.0% in the first quarter. AlphaQuest LLC now owns 287 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 286 shares during the period. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Stock Down 1.7%

DTE stock opened at $127.68 on Monday. DTE Energy Company has a twelve month low of $116.30 and a twelve month high of $143.79. The company has a quick ratio of 0.68, a current ratio of 1.15 and a debt-to-equity ratio of 2.01. The stock’s 50 day moving average is $136.00 and its 200-day moving average is $136.30. The firm has a market capitalization of $26.52 billion, a PE ratio of 19.17, a P/E/G ratio of 2.50 and a beta of 0.47.

DTE Energy (NYSE:DTE) last announced its quarterly earnings results on Thursday, October 30th. The utilities provider reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.15. DTE Energy had a return on equity of 12.63% and a net margin of 9.34%.The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the prior year, the company posted $2.22 earnings per share. DTE Energy has set its FY 2025 guidance at 7.090-7.230 EPS and its FY 2026 guidance at 7.590-7.730 EPS. Sell-side analysts expect that DTE Energy Company will post 7.18 EPS for the current fiscal year.

DTE Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be given a dividend of $1.165 per share. The ex-dividend date of this dividend is Monday, December 15th. This is an increase from DTE Energy’s previous quarterly dividend of $1.09. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.6%. DTE Energy’s payout ratio is 69.97%.

Analyst Upgrades and Downgrades

DTE has been the topic of a number of research analyst reports. Bank of America increased their price objective on shares of DTE Energy from $153.00 to $154.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Scotiabank dropped their price target on DTE Energy from $147.00 to $146.00 and set a “sector perform” rating on the stock in a research note on Friday, October 31st. Wall Street Zen cut DTE Energy from a “hold” rating to a “sell” rating in a research note on Saturday. Barclays upped their target price on DTE Energy from $138.00 to $148.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 14th. Finally, BMO Capital Markets lifted their price target on shares of DTE Energy from $140.00 to $144.00 and gave the company a “market perform” rating in a research report on Monday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, DTE Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $148.00.

DTE Energy News Roundup

Here are the key news stories impacting DTE Energy this week:

• Positive Sentiment: MPSC approved DTE’s contract to supply power for the massive Saline Township data‑center project — this secures a large, long‑duration load that should increase regulated revenues and capacity utilization if the project proceeds. Michigan Public Service Commission approves DTE contract for Saline Township data center project
• Neutral Sentiment: The Public Service Commission’s approval carries conditions (“strings attached”) that could affect the timing, cost recovery or contractual terms — this tempers the upside until compliance details and any required mitigation are clear. Public Service Commission approves DTE data center contracts – with strings attached
• Neutral Sentiment: JPMorgan updated models for North American utilities including DTE — analyst model changes can shift near‑term sentiment but are not a direct operational event; watch for specific rating or target changes. JPMorgan updates models for North American utilities group, including DTE Energy (DTE)
• Neutral Sentiment: Recent analyses comparing DTE to peers provide context on valuation and regulated exposure; useful for investors but unlikely to drive an immediate directional move. How Is DTE Energy Stock Performance Compared to Other Utilities – Regulated Electric Stocks?
• Negative Sentiment: DTE established a $1.5 billion equity distribution agreement — this gives the company the ability to issue shares, which can be dilutive and often weighs on the stock unless tied to clear value‑creating uses (M&A, financing at attractive rates, etc.). DTE Energy Establishes $1.5 Billion Equity Distribution Program
• Negative Sentiment: A rural Michigan township rejected a DTE solar proposal — a localized setback for DTE’s renewables expansion that highlights permitting/community risk for certain projects. Rural Michigan township rejects DTE solar energy proposal for 3 square miles

DTE Energy Company Profile

DTE Energy is an integrated energy company headquartered in Detroit, Michigan, that combines regulated utility operations with non-utility energy businesses. Its regulated subsidiaries operate electric and natural gas utility services that deliver generation, transmission and distribution to residential, commercial and industrial customers. The company’s utility segment focuses on maintaining and upgrading energy delivery infrastructure, ensuring reliable service and meeting regulatory requirements in its service territory.

Beyond its regulated utilities, DTE Energy operates non-utility businesses that develop, own and operate power generation and energy-related projects.