Sei Investments Co. Buys 10,949 Shares of DTE Energy Company $DTE

Sei Investments Co. lifted its position in DTE Energy Company (NYSE:DTE) by 8.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 134,303 shares of the utilities provider’s stock after buying an additional 10,949 shares during the period. Sei Investments Co.’s holdings in DTE Energy were worth $19,637,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its position in shares of DTE Energy by 44.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 188,845 shares of the utilities provider’s stock valued at $24,618,000 after buying an additional 57,698 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in shares of DTE Energy during the 1st quarter worth approximately $1,550,000. Convergence Investment Partners LLC purchased a new stake in DTE Energy during the first quarter valued at approximately $3,142,000. Aberdeen Group plc boosted its stake in DTE Energy by 12.8% in the fourth quarter. Aberdeen Group plc now owns 105,436 shares of the utilities provider’s stock valued at $13,599,000 after acquiring an additional 11,972 shares in the last quarter. Finally, Capital Innovations LLC purchased a new position in DTE Energy in the fourth quarter worth $1,014,000. 76.06% of the stock is currently owned by institutional investors.

DTE Energy Trading Down 1.8%

Shares of DTE Energy stock opened at $143.44 on Thursday. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.95 and a quick ratio of 0.69. The firm has a fifty day moving average price of $147.70 and a 200 day moving average price of $144.71. DTE Energy Company has a 1 year low of $126.23 and a 1 year high of $155.74. The stock has a market cap of $29.84 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 3.19 and a beta of 0.38.

DTE Energy (NYSE:DTE) 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 company had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $3.36 billion. DTE Energy had a net margin of 8.00% and a return on equity of 12.16%. During the same period in the previous year, the firm posted $1.36 earnings per share. Equities research analysts predict that DTE Energy Company will post 7.71 earnings per share for the current year.

DTE Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, September 21st will be issued a dividend of $1.165 per share. This represents a $4.66 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, September 21st. DTE Energy’s dividend payout ratio (DPR) is 76.77%.

Analysts Set New Price Targets

DTE has been the subject of several analyst reports. Barclays decreased their price objective on DTE Energy from $156.00 to $154.00 and set an “equal weight” rating for the company in a report on Monday, May 4th. Jefferies Financial Group set a $172.00 price target on DTE Energy in a research note on Thursday, July 9th. TD Cowen initiated coverage on DTE Energy in a research note on Tuesday, July 7th. They set a “hold” rating and a $166.00 price target on the stock. Mizuho cut their price objective on shares of DTE Energy from $165.00 to $164.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, BMO Capital Markets lifted their target price on shares of DTE Energy from $148.00 to $150.00 and gave the stock a “market perform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $158.46.

Key Headlines Impacting DTE Energy

Here are the key news stories impacting DTE Energy this week:

• Positive Sentiment: DTE reported second-quarter adjusted EPS of $1.32, exceeding the $1.14 analyst consensus, while revenue reached $6.74 billion. Stronger performance from its energy-trading business helped offset weaker electric and gas operations. DTE Energy tops quarterly profit estimates
• Positive Sentiment: Management reaffirmed its 2026 operating EPS guidance of $7.59 to $7.73 and outlined expected 6% to 8% annual operating EPS growth through 2030. The company also expects regulatory approval for a Google-related project in September, potentially supporting future demand and investment growth. DTE outlines long-term EPS growth
• Positive Sentiment: DTE invested more than $2.6 billion in its utilities during the first half of 2026, including over $900 million for electric reliability, and advanced a $1.6 billion battery-storage investment covering eight Michigan projects. These initiatives could strengthen the regulated asset base over time. DTE Energy second-quarter accomplishments
• Neutral Sentiment: BMO Capital Markets raised its price target from $148 to $150 but maintained a “market perform” rating, signaling modest potential upside without a strong bullish conviction.
• Neutral Sentiment: DTE issued a request for proposals for up to 800 megawatts of projects in MISO states, which could expand its clean-energy supply but also require substantial capital. DTE seeks 800 MW from MISO projects
• Negative Sentiment: Second-quarter operating EPS declined year over year to $1.32 from $1.36, despite the headline earnings beat. Investors may also be concerned that large reliability, storage and infrastructure investments could pressure near-term cash flow.
• Negative Sentiment: Political scrutiny over DTE-related campaign contributions and groups supporting Detroit-area races could increase regulatory and reputational risks. Political scrutiny of DTE contributions
• Negative Sentiment: Extended outages during the July 4 weekend remain an operational concern, even though DTE attributed them to rapidly developing storms. Reliability issues can contribute to higher costs and customer or regulatory pressure. DTE explains July 4 outages

Insiders Place Their Bets

In related news, VP Lisa A. Muschong sold 1,000 shares of DTE Energy stock in a transaction that occurred 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 completion of the transaction, the vice president directly owned 6,233 shares in the company, valued at approximately $895,806.76. This trade represents a 13.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

About DTE Energy

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.