GoalVest Advisory LLC Has $1.14 Million Stake in DTE Energy Company $DTE

GoalVest Advisory LLC lifted its stake in DTE Energy Company (NYSE:DTE) by 5,969.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,800 shares of the utilities provider’s stock after purchasing an additional 8,655 shares during the quarter. GoalVest Advisory LLC’s holdings in DTE Energy were worth $1,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Global Wealth Strategies & Associates acquired a new position in DTE Energy in the 3rd quarter valued at approximately $28,000. Clean Yield Group acquired a new stake in shares of DTE Energy during the 3rd quarter valued at $28,000. Cloud Capital Management LLC purchased a new position in shares of DTE Energy during the 3rd quarter valued at $28,000. Capital A Wealth Management LLC grew its holdings in shares of DTE Energy by 5,775.0% during the 2nd quarter. Capital A Wealth Management LLC now owns 235 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 231 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of DTE Energy in the third quarter worth $31,000. 76.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently 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 report on Wednesday, February 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of DTE Energy in a research report on Wednesday, January 21st. JPMorgan Chase & Co. cut their price target on DTE Energy from $151.00 to $145.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. UBS Group reduced their price target on DTE Energy from $155.00 to $151.00 and set a “buy” rating for the company in a report on Wednesday, December 17th. Finally, Wall Street Zen cut DTE Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $152.46.

DTE Energy Stock Up 0.1%

DTE stock opened at $147.11 on Friday. The firm has a market cap of $30.60 billion, a PE ratio of 20.96, a PEG ratio of 2.70 and a beta of 0.47. DTE Energy Company has a 1 year low of $123.69 and a 1 year high of $154.63. The company has a fifty day simple moving average of $141.16 and a 200 day simple moving average of $137.50. The company has a current ratio of 0.80, a quick ratio of 0.55 and a debt-to-equity ratio of 1.93.

DTE Energy (NYSE:DTE) last posted its earnings results on Tuesday, February 17th. The utilities provider reported $1.65 EPS for the quarter, topping 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 in the prior year, the business posted $1.51 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Sell-side analysts anticipate that DTE Energy Company will post 7.18 EPS for the current fiscal year.

DTE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 16th 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 of this dividend is Monday, March 16th. DTE Energy’s dividend payout ratio (DPR) is presently 66.38%.

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.