RWC Asset Management LLP Acquires 12,912 Shares of DTE Energy Company $DTE

RWC Asset Management LLP boosted its holdings in DTE Energy Company (NYSE:DTE) by 25.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,278 shares of the utilities provider’s stock after buying an additional 12,912 shares during the quarter. RWC Asset Management LLP’s holdings in DTE Energy were worth $7,707,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in DTE. Key Financial Inc bought a new stake in DTE Energy during the 1st quarter worth approximately $29,000. First Bancorp Inc ME bought a new position in shares of DTE Energy during the second quarter valued at $29,000. Community Bank N.A. acquired a new position in shares of DTE Energy during the second quarter worth $31,000. Elevation Wealth Partners LLC grew its stake in shares of DTE Energy by 682.4% in the third quarter. Elevation Wealth Partners LLC now owns 266 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 232 shares during the last quarter. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of DTE Energy in the second quarter worth $35,000. 76.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other DTE Energy news, Vice Chairman Trevor Lauer sold 5,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $135.71, for a total transaction of $678,550.00. Following the transaction, the insider directly owned 73,122 shares in the company, valued at approximately $9,923,386.62. This represents a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.60% of the company’s stock.

DTE Energy Trading Down 0.8%

DTE stock traded down $1.08 during midday trading on Friday, hitting $131.98. The stock had a trading volume of 1,171,023 shares, compared to its average volume of 1,677,486. The firm has a market cap of $27.46 billion, a P/E ratio of 20.88, a price-to-earnings-growth ratio of 2.73 and a beta of 0.36. 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 $119.68 and a 1-year high of $155.74. The business has a fifty day moving average price of $130.80 and a two-hundred day moving average price of $140.67.

DTE Energy (NYSE:DTE) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.18. DTE Energy had a return on equity of 12.19% and a net margin of 8.00%. The firm had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $3.36 billion. During the same period last year, the business posted $1.36 EPS. On average, sell-side analysts predict that DTE Energy Company will post 7.70 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on DTE shares. JPMorgan Chase & Co. increased their price objective on DTE Energy from $155.00 to $162.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Barclays reduced their price target on DTE Energy from $154.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. Wall Street Zen cut DTE Energy from a “hold” rating to a “sell” rating in a research note on Monday, October 19th. Morgan Stanley lowered their price objective on DTE Energy from $141.00 to $139.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Truist Financial set a $139.00 price objective on DTE Energy in a research report on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $149.07.

More DTE Energy News

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

• Positive Sentiment: Battery project approved: Frenchtown Township approved DTE’s proposed battery-storage project, supporting the utility’s grid-modernization and renewable-energy strategy. The project could strengthen long-term reliability and provide additional capacity, although construction and regulatory execution remain future considerations. Frenchtown Township approves DTE battery project
• Positive Sentiment: Sustainability progress highlighted: DTE released its 2025 Sustainability Report, citing progress on reliability, cleaner energy and affordability for Michigan customers. The update supports the company’s long-term environmental and infrastructure narrative, but is unlikely to materially change near-term earnings. DTE Energy sustainability report
• Neutral Sentiment: HSBC initiated coverage at Hold: HSBC set a $135 price target, implying limited upside from recent trading levels. The neutral rating suggests the bank sees a relatively balanced risk-reward profile rather than a strong catalyst for buying. HSBC initiates DTE Energy at Hold
• Negative Sentiment: Price-target reductions weigh on sentiment: Morgan Stanley lowered its DTE target to $139 from $141, while consensus estimates were reportedly reduced by about 11.4%. These revisions indicate more cautious expectations for valuation or future performance and are the clearest near-term pressure on the stock. Morgan Stanley adjusts DTE Energy price target

DTE Energy Profile

DTE Energy Co is a Detroit-based energy holding company that operates through regulated utility businesses and other energy-related activities. Its principal subsidiaries are DTE Electric and DTE Gas, which provide electricity and natural gas to residential, commercial and industrial customers across southeastern Michigan.

DTE Electric generates, transmits and distributes electricity, while DTE Gas transports and distributes natural gas through an extensive pipeline network. The company is also involved in renewable energy, energy services, natural gas storage and pipeline operations, and other nonutility activities designed to support the broader energy system.

DTE Energy traces its roots to the Detroit Edison Company, which was established in 1903 to serve the Detroit area.