Robeco Institutional Asset Management B.V. Sells 147,895 Shares of DTE Energy Company $DTE

Robeco Institutional Asset Management B.V. lowered its holdings in shares of DTE Energy Company (NYSE:DTEFree Report) by 65.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 77,225 shares of the utilities provider’s stock after selling 147,895 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in DTE Energy were worth $10,922,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. D.A. Davidson & CO. lifted its holdings in DTE Energy by 1.6% during the 3rd quarter. D.A. Davidson & CO. now owns 4,871 shares of the utilities provider’s stock worth $689,000 after buying an additional 78 shares during the period. Centennial Wealth Advisory LLC boosted its holdings in shares of DTE Energy by 2.8% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 6,535 shares of the utilities provider’s stock worth $924,000 after buying an additional 180 shares in the last quarter. Gateway Investment Advisers LLC grew its holdings in DTE Energy by 13.4% in the third quarter. Gateway Investment Advisers LLC now owns 1,891 shares of the utilities provider’s stock worth $267,000 after purchasing an additional 224 shares during the period. Global Retirement Partners LLC increased its position in DTE Energy by 70.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,402 shares of the utilities provider’s stock valued at $340,000 after buying an additional 993 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its holdings in shares of DTE Energy by 2.0% during the third quarter. SJS Investment Consulting Inc. now owns 3,738 shares of the utilities provider’s stock valued at $529,000 after acquiring an additional 73 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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DTE Energy Stock Performance

NYSE DTE opened at $129.90 on Friday. The firm has a market cap of $26.98 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 2.38 and a beta of 0.49. 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 company’s 50 day moving average is $132.49 and its 200-day moving average is $135.81. DTE Energy Company has a 12-month low of $116.30 and a 12-month high of $143.79.

DTE Energy (NYSE:DTEGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The utilities provider reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.15. The business had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.23 billion. DTE Energy had a net margin of 9.34% and a return on equity of 12.63%. During the same period in the previous year, the business earned $2.22 EPS. 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 predict that DTE Energy Company will post 7.18 earnings per share for the current year.

DTE Energy Increases Dividend

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company upgraded shares of DTE Energy to a “strong-buy” rating in a report on Tuesday, October 28th. Jefferies Financial Group raised shares of DTE Energy from a “hold” rating to a “buy” rating and raised their price target for the company from $149.00 to $150.00 in a research report on Thursday, December 11th. Morgan Stanley set a $138.00 price objective on shares of DTE Energy in a research report on Tuesday, December 16th. UBS Group decreased their price objective on shares of DTE Energy from $155.00 to $151.00 and set a “buy” rating for the company in a research note on Wednesday, December 17th. Finally, Scotiabank reduced their target price on DTE Energy from $147.00 to $146.00 and set a “sector perform” rating for the company in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.33.

Read Our Latest Research Report on DTE

DTE Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for DTE Energy (NYSE:DTE)

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