5,317 Shares in DTE Energy Company $DTE Bought by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. purchased a new stake in DTE Energy Company (NYSE:DTE) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,317 shares of the utilities provider’s stock, valued at approximately $752,000.

Other large investors have also recently added to or reduced their stakes in the company. Global Wealth Strategies & Associates bought a new stake in shares of DTE Energy in the 3rd quarter worth about $28,000. Clean Yield Group acquired a new position in DTE Energy in the third quarter worth about $28,000. Cloud Capital Management LLC acquired a new position in DTE Energy in the third quarter worth about $28,000. Capital A Wealth Management LLC increased its holdings in DTE Energy by 5,775.0% in the second quarter. Capital A Wealth Management LLC now owns 235 shares of the utilities provider’s stock valued at $31,000 after buying an additional 231 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in DTE Energy during the third quarter valued at approximately $31,000. 76.06% of the stock is currently owned by institutional investors.

DTE Energy Stock Performance

Shares of DTE opened at $146.55 on Friday. The firm has a fifty day moving average of $135.35 and a 200-day moving average of $136.52. The company has a market cap of $30.45 billion, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 2.68 and a beta of 0.49. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.55 and a current ratio of 0.80. DTE Energy Company has a 1 year low of $123.69 and a 1 year high of $154.63.

DTE Energy (NYSE:DTE) last issued its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.13. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same period last year, the firm posted $1.51 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, equities analysts anticipate that DTE Energy Company will post 7.18 earnings per share for the current year.

DTE Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 16th will be paid a dividend of $1.165 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $4.66 annualized dividend and a yield of 3.2%. DTE Energy’s payout ratio is presently 66.38%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DTE shares. Jefferies Financial Group lifted their target price on DTE Energy from $150.00 to $153.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Wall Street Zen upgraded DTE Energy from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Mizuho lifted their price objective on shares of DTE Energy from $144.00 to $155.00 and gave the stock an “outperform” rating in a report on Wednesday, February 18th. UBS Group lowered their target price 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, Weiss Ratings restated a “buy (b-)” rating on shares of DTE Energy in a research report on Wednesday, January 21st. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.31.

DTE Energy 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.