DTE Energy Company $DTE Shares Acquired by Capital International Inc. CA

Capital International Inc. CA increased its stake in DTE Energy Company (NYSE:DTE) by 14.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 118,281 shares of the utilities provider’s stock after acquiring an additional 15,105 shares during the period. Capital International Inc. CA’s holdings in DTE Energy were worth $15,256,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Segment Wealth Management LLC boosted its position in shares of DTE Energy by 4.6% in the fourth quarter. Segment Wealth Management LLC now owns 1,744 shares of the utilities provider’s stock worth $225,000 after acquiring an additional 76 shares during the last quarter. Modern Wealth Management LLC boosted its position in shares of DTE Energy by 0.6% in the third quarter. Modern Wealth Management LLC now owns 13,431 shares of the utilities provider’s stock worth $1,900,000 after acquiring an additional 85 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in DTE Energy by 4.6% during the third quarter. Oppenheimer & Co. Inc. now owns 1,960 shares of the utilities provider’s stock valued at $277,000 after buying an additional 86 shares in the last quarter. Fifth Third Bancorp lifted its position in DTE Energy by 1.1% during the fourth quarter. Fifth Third Bancorp now owns 7,755 shares of the utilities provider’s stock valued at $1,000,000 after buying an additional 87 shares in the last quarter. Finally, Princeton Global Asset Management LLC lifted its position in DTE Energy by 2.1% during the fourth quarter. Princeton Global Asset Management LLC now owns 4,395 shares of the utilities provider’s stock valued at $567,000 after buying an additional 90 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

DTE Energy Trading Up 0.0%

DTE opened at $145.80 on Monday. The firm has a market capitalization of $30.33 billion, a P/E ratio of 24.02, a P/E/G ratio of 3.18 and a beta of 0.39. The firm’s 50 day moving average is $145.17 and its 200-day moving average is $139.99. DTE Energy Company has a 52-week low of $126.23 and a 52-week high of $154.63. 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 (NYSE:DTE) last posted its quarterly earnings data on Thursday, April 30th. The utilities provider reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.03). The firm had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $4.37 billion. DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. During the same quarter in the prior year, the business earned $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Analysts expect that DTE Energy Company will post 7.71 EPS for the current fiscal year.

DTE Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 22nd will be paid a $1.165 dividend. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, June 22nd. DTE Energy’s payout ratio is 76.77%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Mizuho set a $165.00 price target on shares of DTE Energy in a research report on Friday, May 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price target on shares of DTE Energy in a research report on Wednesday, April 8th. Argus raised shares of DTE Energy to a “strong-buy” rating in a research report on Thursday, February 26th. Bank of America reaffirmed a “buy” rating on shares of DTE Energy in a research report on Wednesday, April 22nd. Finally, Citigroup lifted their price target on shares of DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $156.25.

Insider Activity

In related news, VP Lisa A. Muschong sold 1,000 shares of DTE Energy 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 completion of the sale, the vice president owned 6,233 shares in the company, valued at approximately $895,806.76. The trade was a 13.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.60% of the company’s stock.

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.