DTE Energy Company $DTE Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its holdings in DTE Energy Company (NYSE:DTE) by 8.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 266,641 shares of the utilities provider’s stock after selling 25,484 shares during the period. Voya Investment Management LLC’s holdings in DTE Energy were worth $37,711,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd acquired a new position in DTE Energy during the 1st quarter worth approximately $567,000. Nordea Investment Management AB lifted its stake in shares of DTE Energy by 5.3% in the 2nd quarter. Nordea Investment Management AB now owns 208,818 shares of the utilities provider’s stock worth $27,470,000 after acquiring an additional 10,586 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in DTE Energy by 13,146.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 25,830 shares of the utilities provider’s stock valued at $3,421,000 after purchasing an additional 25,635 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of DTE Energy by 5.2% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 70,033 shares of the utilities provider’s stock worth $9,277,000 after buying an additional 3,457 shares in the last quarter. Finally, USA Financial Formulas purchased a new position in DTE Energy in the second quarter worth $912,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Stock Down 1.7%

Shares of NYSE DTE opened at $127.68 on Friday. DTE Energy Company has a 1 year low of $116.30 and a 1 year high of $143.79. The firm’s 50-day moving average is $136.00 and its 200-day moving average is $136.28. The company has a current ratio of 1.15, a quick ratio of 0.68 and a debt-to-equity ratio of 2.01. The firm has a market capitalization of $26.52 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.50 and a beta of 0.47.

DTE Energy (NYSE:DTE) last posted its quarterly earnings results on Thursday, October 30th. The utilities provider reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.15. DTE Energy had a net margin of 9.34% and a return on equity of 12.63%. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.23 billion. During the same period in the previous year, the firm posted $2.22 earnings per share. DTE Energy has set its FY 2025 guidance at 7.090-7.230 EPS and its FY 2026 guidance at 7.590-7.730 EPS. Equities analysts expect that DTE Energy Company will post 7.18 EPS for the current year.

DTE Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be paid a dividend of $1.165 per share. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from DTE Energy’s previous quarterly dividend of $1.09. The ex-dividend date of this dividend is Monday, December 15th. DTE Energy’s payout ratio is presently 69.97%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on DTE shares. Barclays boosted their price target on DTE Energy from $138.00 to $148.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. Wall Street Zen lowered DTE Energy from a “hold” rating to a “sell” rating in a report on Saturday. JPMorgan Chase & Co. decreased their target price on DTE Energy from $151.00 to $145.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Wells Fargo & Company upgraded DTE Energy to a “strong-buy” rating in a research report on Tuesday, October 28th. Finally, Jefferies Financial Group upgraded shares of DTE Energy from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $149.00 to $150.00 in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.00.

Key Headlines Impacting DTE Energy

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

• Positive Sentiment: MPSC approved DTE’s contract to supply power for the massive Saline Township data‑center project — this secures a large, long‑duration load that should increase regulated revenues and capacity utilization if the project proceeds. Michigan Public Service Commission approves DTE contract for Saline Township data center project
• Neutral Sentiment: The Public Service Commission’s approval carries conditions (“strings attached”) that could affect the timing, cost recovery or contractual terms — this tempers the upside until compliance details and any required mitigation are clear. Public Service Commission approves DTE data center contracts – with strings attached
• Neutral Sentiment: JPMorgan updated models for North American utilities including DTE — analyst model changes can shift near‑term sentiment but are not a direct operational event; watch for specific rating or target changes. JPMorgan updates models for North American utilities group, including DTE Energy (DTE)
• Neutral Sentiment: Recent analyses comparing DTE to peers provide context on valuation and regulated exposure; useful for investors but unlikely to drive an immediate directional move. How Is DTE Energy Stock Performance Compared to Other Utilities – Regulated Electric Stocks?
• Negative Sentiment: DTE established a $1.5 billion equity distribution agreement — this gives the company the ability to issue shares, which can be dilutive and often weighs on the stock unless tied to clear value‑creating uses (M&A, financing at attractive rates, etc.). DTE Energy Establishes $1.5 Billion Equity Distribution Program
• Negative Sentiment: A rural Michigan township rejected a DTE solar proposal — a localized setback for DTE’s renewables expansion that highlights permitting/community risk for certain projects. Rural Michigan township rejects DTE solar energy proposal for 3 square miles

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.