Balyasny Asset Management L.P. Takes Position in DTE Energy Company $DTE

Posted by Geri Gentry on Jun 18th, 2026

Balyasny Asset Management L.P. purchased a new stake in shares of DTE Energy Company (NYSE:DTE – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 1,080,964 shares of the utilities provider’s stock, valued at approximately $139,423,000.

Several other institutional investors have also recently made changes to their positions in DTE. Cohen & Steers Inc. purchased a new position in shares of DTE Energy during the fourth quarter valued at $125,604,000. Vanguard Group Inc. increased its stake in shares of DTE Energy by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 26,305,533 shares of the utilities provider’s stock valued at $3,392,888,000 after buying an additional 766,499 shares during the period. Millennium Management LLC increased its stake in shares of DTE Energy by 810.6% during the third quarter. Millennium Management LLC now owns 833,595 shares of the utilities provider’s stock valued at $117,895,000 after buying an additional 742,056 shares during the period. Raymond James Financial Inc. increased its stake in shares of DTE Energy by 176.5% during the second quarter. Raymond James Financial Inc. now owns 1,015,208 shares of the utilities provider’s stock valued at $134,474,000 after buying an additional 648,007 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of DTE Energy by 12.1% during the third quarter. Ameriprise Financial Inc. now owns 5,571,081 shares of the utilities provider’s stock valued at $788,004,000 after buying an additional 602,602 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

Insider Buying and Selling at DTE Energy

In other news, VP Lisa A. Muschong sold 1,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $143.72, for a total transaction of $143,720.00. Following the sale, the vice president owned 6,233 shares in the company, valued at approximately $895,806.76. The trade was a 13.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on DTE shares. Wall Street Zen downgraded DTE Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 3rd. Citigroup raised their price objective on DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Weiss Ratings downgraded DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Argus raised DTE Energy to a “strong-buy” rating in a research report on Thursday, February 26th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price objective on shares of DTE Energy in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, DTE Energy presently has an average rating of “Moderate Buy” and a consensus price target of $156.67.

View Our Latest Analysis on DTE

DTE Energy Price Performance

Shares of DTE stock opened at $147.03 on Thursday. DTE Energy Company has a fifty-two week low of $126.23 and a fifty-two week high of $154.63. The firm has a market capitalization of $30.59 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 3.25 and a beta of 0.39. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.69 and a current ratio of 0.95. The stock’s 50-day simple moving average is $145.19 and its 200-day simple moving average is $140.58.

DTE Energy (NYSE:DTE – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share 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 business had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same quarter in the previous year, the firm posted $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, equities analysts forecast that DTE Energy Company will post 7.71 earnings per share for the current fiscal year.

DTE Energy Announces Dividend

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

Key Stories Impacting DTE Energy

Here are the key news stories impacting DTE Energy this week:

Positive Sentiment: The U.S. Department of Energy finalized a roughly $1.6 billion loan for DTE Gas/Michigan infrastructure upgrades, a move that should help fund grid and gas system improvements while potentially lowering customer energy costs and supporting long-term utility investment. DOE closes on 1.6B loan to DTE Energy for Michigan upgrades
Positive Sentiment: Brokerage sentiment remained constructive, with DTE Energy receiving an average “Moderate Buy” recommendation, which can support investor confidence in the stock. DTE Energy Company Given Average Recommendation of Moderate Buy by Brokerages
Positive Sentiment: Independent commentary highlighted DTE as a potential beneficiary of AI/data-center infrastructure demand, pointing to upside from its capital plan and Michigan regulatory backdrop. DTE Energy Emerges as a Top AI Infrastructure Beneficiary
Neutral Sentiment: Additional coverage focused on the DOE loan’s potential to improve Michigan infrastructure and lower costs, reinforcing the same long-term investment theme rather than introducing a new company-specific catalyst. Federal 1.68B loan aims to lower Michigan energy costs, improve infrastructure
Neutral Sentiment: News also noted a gas leak response in Grosse Pointe Farms, which appears to be an isolated operational issue but could keep safety and reliability concerns in focus. Authorities, DTE respond to Grosse Pointe Farms gas leak
Negative Sentiment: Investor sentiment may be pressured by reports that DTE is seeking a $474 million rate hike, especially alongside criticism about not paying federal income tax for more than a decade, which could increase public and regulatory scrutiny. DTE asks for 474M rate hike while not paying federal income tax for over a decade

About DTE Energy

(Free Report)

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.