4,179 Shares in DTE Energy Company $DTE Purchased by Perigon Wealth Management LLC

Posted by Francis Steltz on Aug 20th, 2026

Perigon Wealth Management LLC acquired a new stake in DTE Energy Company (NYSE:DTE – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,179 shares of the utilities provider’s stock, valued at approximately $637,000.

Several other institutional investors have also added to or reduced their stakes in the business. Commerzbank Aktiengesellschaft FI bought a new position in DTE Energy during the second quarter worth about $1,351,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of DTE Energy in the second quarter valued at approximately $76,948,000. OneDigital Investment Advisors LLC purchased a new stake in shares of DTE Energy during the 2nd quarter valued at approximately $585,000. Trivium Point Advisory LLC purchased a new stake in shares of DTE Energy during the 2nd quarter valued at approximately $785,000. Finally, N.E.W. Advisory Services LLC bought a new position in DTE Energy in the 2nd quarter worth approximately $35,000. 76.06% of the stock is owned by hedge funds and other institutional investors.

DTE Energy Stock Performance

Shares of DTE opened at $139.22 on Thursday. DTE Energy Company has a 12-month low of $126.23 and a 12-month high of $155.74. The company has a current ratio of 0.80, a quick ratio of 0.53 and a debt-to-equity ratio of 2.13. The company has a market cap of $28.97 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38. The stock has a 50-day moving average price of $146.53 and a 200-day moving average price of $145.30.

DTE Energy (NYSE:DTE – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.18. The company had revenue of $6.74 billion for the quarter, compared to analysts’ expectations 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 prior year, the business earned $1.36 earnings per share. 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 business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be issued a $1.165 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.3%. DTE Energy’s dividend payout ratio is presently 73.73%.

Analysts Set New Price Targets

DTE has been the topic of a number of analyst reports. Wells Fargo & Company reissued an “overweight” rating and set a $165.00 target price on shares of DTE Energy in a report on Monday, June 15th. TD Cowen initiated coverage on DTE Energy in a report on Tuesday, July 7th. They issued a “hold” rating and a $166.00 price target for the company. Wall Street Zen lowered DTE Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Weiss Ratings upgraded DTE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Finally, Mizuho decreased their price objective on DTE Energy from $165.00 to $164.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, DTE Energy has a consensus rating of “Moderate Buy” and a consensus price target of $158.62.

Read Our Latest Analysis on DTE

DTE Energy Company 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.