Natixis Advisors LLC Acquires 6,350 Shares of DTE Energy Company $DTE

Natixis Advisors LLC increased its holdings in DTE Energy Company (NYSE:DTE) by 4.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 148,842 shares of the utilities provider’s stock after buying an additional 6,350 shares during the quarter. Natixis Advisors LLC’s holdings in DTE Energy were worth $21,051,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its stake in shares of DTE Energy by 5.0% in the 3rd quarter. AE Wealth Management LLC now owns 118,521 shares of the utilities provider’s stock valued at $16,762,000 after purchasing an additional 5,658 shares during the period. CWM LLC lifted its position in shares of DTE Energy by 50.5% during the 3rd quarter. CWM LLC now owns 35,893 shares of the utilities provider’s stock worth $5,076,000 after buying an additional 12,045 shares during the period. Wedge Capital Management L L P NC acquired a new stake in DTE Energy in the 3rd quarter valued at $16,723,000. Bogart Wealth LLC boosted its stake in DTE Energy by 49,181.8% in the 3rd quarter. Bogart Wealth LLC now owns 54,210 shares of the utilities provider’s stock valued at $7,667,000 after buying an additional 54,100 shares in the last quarter. Finally, Hudson Bay Capital Management LP bought a new stake in DTE Energy in the second quarter valued at $15,277,000. Institutional investors own 76.06% of the company’s stock.

DTE Energy Trading Down 0.9%

Shares of DTE opened at $146.50 on Thursday. The stock has a fifty day moving average price of $138.89 and a two-hundred day moving average price of $137.05. 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 52-week low of $123.69 and a 52-week high of $154.63. The company has a market cap of $30.44 billion, a price-to-earnings ratio of 20.87, a PEG ratio of 2.71 and a beta of 0.47.

DTE Energy (NYSE:DTE) last posted its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.13. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $3.39 billion. DTE Energy had a return on equity of 12.72% and a net margin of 9.24%.During the same quarter in the previous year, the firm earned $1.51 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Analysts predict that DTE Energy Company will post 7.18 EPS for the current fiscal year.

DTE Energy Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have issued reports on DTE. Mizuho increased their price objective on DTE Energy from $144.00 to $155.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Citigroup boosted their target price on shares of DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Barclays lowered their target price on shares of DTE Energy from $148.00 to $141.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. UBS Group cut their price target on shares of DTE Energy from $155.00 to $151.00 and set a “buy” rating for the company in a report on Wednesday, December 17th. Finally, Morgan Stanley restated an “overweight” rating and issued a $153.00 price target on shares of DTE Energy in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, DTE Energy presently has an average rating of “Moderate Buy” and an average target price of $151.31.

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.