Sterling Capital Management LLC Sells 5,363 Shares of DTE Energy Company $DTE

Posted by Geri Gentry on Jul 1st, 2026

Sterling Capital Management LLC reduced its stake in DTE Energy Company (NYSE:DTE – Free Report) by 41.8% in the 1st quarter, Holdings Channel reports. The firm owned 7,455 shares of the utilities provider’s stock after selling 5,363 shares during the period. Sterling Capital Management LLC’s holdings in DTE Energy were worth $1,090,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC acquired a new position in DTE Energy during the fourth quarter valued at approximately $25,000. Torren Management LLC acquired a new stake in shares of DTE Energy in the fourth quarter worth $26,000. Quest 10 Wealth Builders Inc. boosted its holdings in shares of DTE Energy by 754.2% during the 4th 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. Elyxium Wealth LLC bought a new stake in shares of DTE Energy during the 4th quarter worth $29,000. Finally, Asset Dedication LLC grew its stake in DTE Energy by 88.4% in the 3rd quarter. Asset Dedication LLC now owns 228 shares of the utilities provider’s stock valued at $32,000 after buying an additional 107 shares during the last quarter. Institutional investors own 76.06% of the company’s stock.

Wall Street Analyst Weigh In

DTE has been the topic of several recent analyst reports. Bank of America reiterated a “buy” rating on shares of DTE Energy in a report on Wednesday, April 22nd. BMO Capital Markets lowered their price target on DTE Energy from $157.00 to $148.00 and set a “market perform” rating on the stock in a research report on Thursday, March 26th. Mizuho set a $165.00 price objective on DTE Energy in a research note on Friday, May 1st. Wall Street Zen downgraded DTE Energy from a “hold” rating to a “sell” rating in a research note on Sunday, May 3rd. Finally, JPMorgan Chase & Co. lowered their target price on DTE Energy from $160.00 to $155.00 and set a “neutral” rating on the stock in a 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $157.00.

View Our Latest Stock Report on DTE Energy

DTE Energy Stock Down 1.0%

DTE stock opened at $152.50 on Wednesday. DTE Energy Company has a twelve month low of $126.23 and a twelve month high of $155.06. The company has a market cap of $31.72 billion, a PE ratio of 25.12, a price-to-earnings-growth ratio of 3.36 and a beta of 0.39. The business’s 50-day simple moving average is $145.64 and its 200 day simple moving average is $141.76. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 2.04.

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 (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.03). The firm had revenue of $5.14 billion for the quarter, compared to the consensus estimate 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 in the prior year, the firm earned $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, research analysts anticipate that DTE Energy Company will post 7.71 earnings per share for the current year.

DTE Energy Announces Dividend

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

Insider Activity at DTE Energy

In related news, VP Lisa A. Muschong sold 1,000 shares of the company’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 transaction, the vice president directly owned 6,233 shares in the company, valued at approximately $895,806.76. This represents a 13.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.60% of the company’s stock.

DTE Energy Profile

(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.