DTE Energy Company $DTE Shares Bought by FSA Advisors Inc.

FSA Advisors Inc. raised its holdings in DTE Energy Company (NYSE:DTE) by 84.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,478 shares of the utilities provider’s stock after purchasing an additional 5,731 shares during the quarter. DTE Energy accounts for approximately 1.2% of FSA Advisors Inc.’s investment portfolio, making the stock its 20th biggest holding. FSA Advisors Inc.’s holdings in DTE Energy were worth $1,825,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new position in shares of DTE Energy during the 4th quarter valued at about $25,000. Quest 10 Wealth Builders Inc. lifted its stake in shares of DTE Energy by 754.2% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 181 shares during the period. Torren Management LLC purchased a new stake in shares of DTE Energy during the 4th quarter worth about $26,000. Elyxium Wealth LLC purchased a new position in DTE Energy during the fourth quarter worth approximately $29,000. Finally, Key Financial Inc purchased a new position in shares of DTE Energy during the 1st quarter valued at approximately $29,000. 76.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other DTE Energy news, VP Lisa A. Muschong sold 1,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $143.72, for a total transaction of $143,720.00. Following the completion of the transaction, the vice president owned 6,233 shares of the company’s stock, valued at $895,806.76. This trade represents a 13.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by company insiders.

DTE Energy Stock Performance

DTE Energy stock opened at $148.12 on Friday. The firm has a 50 day simple moving average of $147.00 and a 200-day simple moving average of $143.64. The stock has a market cap of $30.81 billion, a price-to-earnings ratio of 24.40, a price-to-earnings-growth ratio of 3.25 and a beta of 0.38. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.95 and a quick ratio of 0.69. DTE Energy Company has a 1-year low of $126.23 and a 1-year high of $155.74.

DTE Energy (NYSE:DTE) last released its quarterly earnings results on Thursday, April 30th. The utilities provider reported $1.95 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.03). DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. The firm had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the previous year, the firm posted $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, analysts expect that DTE Energy Company will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be given a $1.165 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a $4.66 dividend on an annualized basis and a yield of 3.1%. DTE Energy’s dividend payout ratio is presently 76.77%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DTE shares. Jefferies Financial Group set a $172.00 price objective on DTE Energy in a report on Thursday, July 9th. Morgan Stanley reissued an “overweight” rating and issued a $150.00 price target on shares of DTE Energy in a research note on Wednesday, June 24th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $165.00 price objective on shares of DTE Energy in a research note on Monday, June 15th. Bank of America reaffirmed a “buy” rating on shares of DTE Energy in a research note on Wednesday, April 22nd. Finally, Wall Street Zen downgraded shares of DTE Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 3rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, DTE Energy currently has an average rating of “Moderate Buy” and an average price target of $158.69.

About DTE Energy

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.