Teilinger Capital Ltd. Invests $30.96 Million in DTE Energy Company $DTE

Teilinger Capital Ltd. purchased a new position in shares of DTE Energy Company (NYSE:DTE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 240,000 shares of the utilities provider’s stock, valued at approximately $30,955,000. DTE Energy makes up about 1.6% of Teilinger Capital Ltd.’s holdings, making the stock its 2nd largest position.

A number of other institutional investors also recently modified their holdings of the business. Segment Wealth Management LLC lifted its holdings in shares of DTE Energy by 4.6% in the fourth quarter. Segment Wealth Management LLC now owns 1,744 shares of the utilities provider’s stock valued at $225,000 after purchasing an additional 76 shares in the last quarter. HM Payson & Co. lifted its holdings in shares of DTE Energy by 23.6% in the fourth quarter. HM Payson & Co. now owns 419 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 80 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in shares of DTE Energy by 0.6% in the third quarter. Modern Wealth Management LLC now owns 13,431 shares of the utilities provider’s stock valued at $1,900,000 after purchasing an additional 85 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of DTE Energy by 4.6% during the third quarter. Oppenheimer & Co. Inc. now owns 1,960 shares of the utilities provider’s stock valued at $277,000 after acquiring an additional 86 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of DTE Energy by 1.1% during the fourth quarter. Fifth Third Bancorp now owns 7,755 shares of the utilities provider’s stock valued at $1,000,000 after acquiring an additional 87 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Stock Performance

NYSE:DTE opened at $147.37 on Friday. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.95 and a quick ratio of 0.69. The business has a fifty day simple moving average of $145.18 and a two-hundred day simple moving average of $140.31. DTE Energy Company has a 1 year low of $126.23 and a 1 year high of $154.63. The company has a market capitalization of $30.66 billion, a P/E ratio of 24.28, a P/E/G ratio of 3.18 and a beta of 0.39.

DTE Energy (NYSE:DTE) last released its earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.03). DTE Energy had a return on equity of 12.37% and a net margin of 7.65%.The firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the prior year, the business earned $2.10 earnings per share. 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 earnings per share for the current year.

DTE Energy Announces Dividend

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

Insider Transactions at DTE Energy

In other DTE Energy news, VP Lisa A. Muschong sold 1,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $143.72, for a total value of $143,720.00. Following the completion of the sale, the vice president directly 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 transaction was disclosed in a filing with the SEC, which is available through this link. 0.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Truist Financial decreased their price target on DTE Energy from $165.00 to $158.00 and set a “buy” rating for the company in a research report on Monday, May 18th. BMO Capital Markets decreased their price target on DTE Energy from $157.00 to $148.00 and set a “market perform” rating for the company in a research report on Thursday, March 26th. Citigroup increased their price target on DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Barclays decreased their price target on DTE Energy from $156.00 to $154.00 and set an “equal weight” rating for the company in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. decreased their price target on DTE Energy from $160.00 to $155.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $156.25.

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.