OMERS ADMINISTRATION Corp grew its position in DTE Energy Company (NYSE:DTE – Free Report) by 12.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,737 shares of the utilities provider’s stock after purchasing an additional 11,543 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in DTE Energy were worth $15,022,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in DTE Energy during the 4th quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. grew its holdings in DTE Energy by 754.2% in 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 in the last quarter. Torren Management LLC acquired a new position in DTE Energy in the 4th quarter valued at $26,000. Elyxium Wealth LLC bought a new position in DTE Energy during the 4th quarter worth $29,000. Finally, Key Financial Inc bought a new position in DTE Energy during the 1st quarter worth $29,000. Institutional investors own 76.06% of the company’s stock.
DTE Energy Price Performance
Shares of NYSE DTE opened at $149.52 on Friday. The business has a fifty day moving average price of $147.53 and a two-hundred day moving average price of $144.26. The stock has a market capitalization of $31.11 billion, a PE ratio of 24.63, a P/E/G ratio of 3.26 and a beta of 0.38. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.95 and a quick ratio of 0.69. DTE Energy Company has a fifty-two week low of $126.23 and a fifty-two week high of $155.74.
DTE Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be paid a dividend of $1.165 per share. This represents a $4.66 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Monday, September 21st. DTE Energy’s dividend payout ratio is presently 76.77%.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on DTE. Wall Street Zen cut shares of DTE Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of DTE Energy in a research report on Wednesday. Bank of America reiterated a “buy” rating on shares of DTE Energy in a research note on Wednesday, April 22nd. Wells Fargo & Company reissued an “overweight” rating and issued a $165.00 price objective on shares of DTE Energy in a report on Monday, June 15th. Finally, Jefferies Financial Group set a $172.00 price objective on shares of DTE Energy in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $158.38.
Check Out Our Latest Research Report on DTE Energy
Key Stories Impacting DTE Energy
Here are the key news stories impacting DTE Energy this week:
- Positive Sentiment: KeyCorp raised its long-term earnings estimates for DTE Energy, projecting EPS growth from $7.71 in FY2026 to $10.37 in FY2030, which signals confidence in the company’s multi-year earnings trajectory.
- Positive Sentiment: KeyCorp’s FY2027, FY2028, and FY2029 EPS forecasts of $8.26, $8.90, and $9.61, respectively, reinforce the view that DTE Energy could deliver steady utility-style earnings expansion over time.
- Positive Sentiment: A recent Q2 2026 earnings preview highlighted DTE Energy as a regulated utility with data center tailwinds, a theme that can support investor expectations for demand growth.
- Neutral Sentiment: KeyCorp’s Q2, Q3, and Q4 2026 EPS estimates were $1.13, $2.46, and $2.17, matching or framing the company’s near-term earnings path but not materially changing the broader outlook.
- Neutral Sentiment: Political and policy-related headlines involving Michigan energy issues and DTE appeared in the news flow, but they did not include direct operational changes for the company.
- Negative Sentiment: BMO Capital Markets lowered its price target on DTE Energy to $148 from a prior level, which may have added some caution around the stock’s valuation.
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 dated Thursday, May 14th. The shares were sold at an average price of $143.72, for a total value of $143,720.00. Following the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by insiders.
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.
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