DTE Energy Company $DTE Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its stake in shares of DTE Energy Company (NYSE:DTE) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 91,611 shares of the utilities provider’s stock after selling 4,705 shares during the period. Leeward Investments LLC MA’s holdings in DTE Energy were worth $11,816,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of DTE. Laurel Wealth Advisors LLC acquired a new position in DTE Energy during the fourth quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. grew its stake in DTE Energy by 754.2% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock worth $26,000 after buying an additional 181 shares during the period. Torren Management LLC purchased a new stake in DTE Energy during the fourth quarter worth approximately $26,000. Cloud Capital Management LLC purchased a new stake in DTE Energy during the third quarter worth approximately $28,000. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new stake in DTE Energy during the third quarter worth approximately $31,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on DTE shares. JPMorgan Chase & Co. decreased their price objective on shares of DTE Energy from $160.00 to $155.00 and set a “neutral” rating for the company in a research note on Thursday. Citigroup boosted their price objective on shares of DTE Energy from $158.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Bank of America reiterated a “buy” rating on shares of DTE Energy in a research note on Wednesday, April 22nd. Wall Street Zen downgraded shares of DTE Energy from a “hold” rating to a “sell” rating in a research note on Sunday, May 3rd. Finally, BMO Capital Markets decreased their price objective on shares of DTE Energy from $157.00 to $148.00 and set a “market perform” rating for the company in a research note on Thursday, March 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.58.

DTE Energy Price Performance

Shares of DTE stock opened at $143.77 on Friday. The company has a market capitalization of $29.91 billion, a PE ratio of 23.68, a price-to-earnings-growth ratio of 3.10 and a beta of 0.41. The firm has a fifty day simple moving average of $146.42 and a 200-day simple moving average of $139.33. The company has a current ratio of 0.95, a quick ratio of 0.69 and a debt-to-equity ratio of 2.04. DTE Energy Company has a twelve month low of $126.23 and a twelve month high of $154.63.

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

DTE Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 22nd will be paid a $1.165 dividend. The ex-dividend date is Monday, June 22nd. This represents a $4.66 annualized dividend and a dividend yield of 3.2%. DTE Energy’s dividend payout ratio is 76.77%.

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.