DTE Energy Company $DTE Shares Sold by Royal Bank of Canada

Posted by George Bondi on Aug 1st, 2026

Royal Bank of Canada decreased its holdings in shares of DTE Energy Company (NYSE:DTE – Free Report) by 9.4% in the 1st quarter, Holdings Channel reports. The firm owned 655,054 shares of the utilities provider’s stock after selling 67,952 shares during the quarter. Royal Bank of Canada’s holdings in DTE Energy were worth $95,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Laurel Wealth Advisors LLC bought a new position in shares of DTE Energy in the 4th quarter worth about $25,000. Key Financial Inc bought a new stake in shares of DTE Energy during the 1st quarter valued at about $29,000. Torren Management LLC bought a new stake in shares of DTE Energy during the 4th quarter valued at about $26,000. Quest 10 Wealth Builders Inc. grew its position 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 valued at $26,000 after buying an additional 181 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in DTE Energy during the fourth quarter worth about $29,000. 76.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other DTE Energy news, VP Lisa A. Muschong sold 1,000 shares of DTE Energy stock in a transaction on 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 of the company’s stock, valued at $895,806.76. The trade was a 13.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Barclays cut their target price on shares of DTE Energy from $156.00 to $154.00 and set an “equal weight” rating on the stock in a report on Monday, May 4th. Bank of America reaffirmed a “buy” rating on shares of DTE Energy in a report on Wednesday, April 22nd. Wells Fargo & Company reiterated an “overweight” rating and set a $165.00 price target on shares of DTE Energy in a research report on Monday, June 15th. TD Cowen assumed coverage on DTE Energy in a report on Tuesday, July 7th. They issued a “hold” rating and a $166.00 price target on the stock. Finally, Wall Street Zen upgraded DTE Energy from a “sell” rating to a “hold” rating in a research report on Saturday. One investment 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $158.46.

Read Our Latest Analysis on DTE

DTE Energy Stock Up 0.2%

DTE stock opened at $141.94 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.80 and a debt-to-equity ratio of 2.13. DTE Energy Company has a fifty-two week low of $126.23 and a fifty-two week high of $155.74. The firm’s 50-day simple moving average is $147.60 and its 200 day simple moving average is $144.78. The stock has a market cap of $29.54 billion, a PE ratio of 22.46, a price-to-earnings-growth ratio of 3.09 and a beta of 0.38.

DTE Energy (NYSE:DTE – Get Free Report) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.18. The firm had revenue of $6.74 billion during the quarter, compared to analyst estimates of $3.36 billion. DTE Energy had a net margin of 8.00% and a return on equity of 12.19%. During the same period in the previous year, the business posted $1.36 EPS. As a group, sell-side analysts predict that DTE Energy Company will post 7.71 EPS for the current year.

DTE Energy Announces Dividend

The firm 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 annualized dividend and a dividend yield of 3.3%. DTE Energy’s payout ratio is currently 73.73%.

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.

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Institutional Ownership by Quarter for DTE Energy (NYSE:DTE)

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