Sanctuary Advisors LLC Buys Shares of 27,617 DTE Energy Company $DTE

Posted by Francis Steltz on Aug 26th, 2026

Sanctuary Advisors LLC bought a new position in shares of DTE Energy Company (NYSE:DTE – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,617 shares of the utilities provider’s stock, valued at approximately $4,208,000.

A number of other large investors have also recently made changes to their positions in the stock. Laurel Wealth Advisors LLC purchased a new stake in DTE Energy during the 4th quarter worth about $25,000. Key Financial Inc bought a new stake in shares of DTE Energy during the first quarter valued at about $29,000. Torren Management LLC purchased a new stake in shares of DTE Energy in the fourth quarter worth about $26,000. Elyxium Wealth LLC purchased a new stake in shares of DTE Energy in the fourth quarter worth about $29,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of DTE Energy in the second quarter valued at approximately $35,000. 76.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on DTE. Weiss Ratings raised shares of DTE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 28th. JPMorgan Chase & Co. increased their target price on shares of DTE Energy from $155.00 to $162.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Wells Fargo & Company restated an “overweight” rating and set a $165.00 price target on shares of DTE Energy in a research report on Monday, June 15th. Barclays decreased their price target 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. Finally, Morgan Stanley lowered their price objective on DTE Energy from $153.00 to $148.00 and set an “overweight” rating on the stock in a research report on Friday. One investment 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. Based on data from MarketBeat, DTE Energy currently has a consensus rating of “Moderate Buy” and an average price target of $158.46.

Get Our Latest Stock Report on DTE

DTE Energy Stock Up 0.4%

DTE stock opened at $136.16 on Wednesday. The company’s 50 day moving average is $145.63 and its 200 day moving average is $145.35. The stock has a market cap of $28.33 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 2.95 and a beta of 0.38. The company has a current ratio of 0.80, a quick ratio of 0.53 and a debt-to-equity ratio of 2.13. DTE Energy Company has a 1-year low of $126.23 and a 1-year high of $155.74.

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

DTE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be issued a dividend of $1.165 per share. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, September 21st. DTE Energy’s payout ratio is currently 73.73%.

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.