DTE Energy Company $DTE Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise reduced its stake in DTE Energy Company (NYSE:DTE) by 85.0% during the 1st quarter, Holdings Channel reports. The fund owned 965 shares of the utilities provider’s stock after selling 5,454 shares during the period. Banque Cantonale Vaudoise’s holdings in DTE Energy were worth $141,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in DTE. Laurel Wealth Advisors LLC purchased a new stake in DTE Energy during the 4th quarter worth about $25,000. Quest 10 Wealth Builders Inc. lifted its holdings in DTE Energy by 754.2% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 181 shares in the last quarter. Torren Management LLC acquired a new stake in shares of DTE Energy during the 4th quarter worth about $26,000. Elyxium Wealth LLC acquired a new stake in shares of DTE Energy during the 4th quarter worth about $29,000. Finally, Asset Dedication LLC grew its holdings in shares of DTE Energy by 88.4% during the third quarter. Asset Dedication LLC now owns 228 shares of the utilities provider’s stock worth $32,000 after buying an additional 107 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

Insider Transactions at DTE Energy

In other DTE Energy news, VP Lisa A. Muschong sold 1,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $143.72, for a total value of $143,720.00. Following the transaction, the vice president owned 6,233 shares in the company, valued at $895,806.76. The trade was a 13.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Weiss Ratings lowered DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 12th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 price objective on shares of DTE Energy in a research report on Wednesday, April 8th. Morgan Stanley reiterated an “overweight” rating and issued a $150.00 target price on shares of DTE Energy in a research note on Wednesday, June 24th. JPMorgan Chase & Co. reduced their target price on DTE Energy from $160.00 to $155.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Finally, Mizuho set a $165.00 price target on DTE Energy in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $157.00.

DTE Energy Price Performance

DTE Energy stock opened at $154.15 on Tuesday. The firm has a fifty day moving average of $145.53 and a 200-day moving average of $141.61. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 2.04. DTE Energy Company has a 52-week low of $126.23 and a 52-week high of $155.06. The firm has a market capitalization of $32.07 billion, a P/E ratio of 25.39, a PEG ratio of 3.37 and a beta of 0.39.

DTE Energy (NYSE:DTE) last issued its quarterly earnings data on Thursday, April 30th. The utilities provider reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.03). The company had revenue of $5.14 billion for the quarter, compared to analyst estimates of $4.37 billion. DTE Energy had a return on equity of 12.37% and a net margin of 7.65%.During the same quarter in the prior year, the firm earned $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, analysts predict that DTE Energy Company will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, September 21st will be paid a dividend of $1.165 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $4.66 annualized dividend and a yield of 3.0%. DTE Energy’s payout ratio is 76.77%.

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.