52,710 Shares in DTE Energy Company $DTE Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of DTE Energy Company (NYSE:DTE) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 52,710 shares of the utilities provider’s stock, valued at approximately $6,420,000.

Several other institutional investors and hedge funds have also made changes to their positions in DTE. Oregon Public Employees Retirement Fund grew its holdings in DTE Energy by 0.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 23,807 shares of the utilities provider’s stock valued at $3,481,000 after buying an additional 71 shares in the last quarter. Whittier Trust Co. raised its position in shares of DTE Energy by 3.5% during the 1st quarter. Whittier Trust Co. now owns 2,220 shares of the utilities provider’s stock valued at $328,000 after buying an additional 75 shares during the period. Prosperity Consulting Group LLC raised its position in shares of DTE Energy by 1.2% during the 1st quarter. Prosperity Consulting Group LLC now owns 6,342 shares of the utilities provider’s stock valued at $927,000 after buying an additional 76 shares during the period. Versant Capital Management Inc raised its position in shares of DTE Energy by 5.7% during the 2nd quarter. Versant Capital Management Inc now owns 1,756 shares of the utilities provider’s stock valued at $268,000 after buying an additional 94 shares during the period. Finally, Root Financial Partners LLC lifted its holdings in DTE Energy by 57.9% in the first quarter. Root Financial Partners LLC now owns 281 shares of the utilities provider’s stock valued at $41,000 after acquiring an additional 103 shares during the last quarter. 76.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DTE has been the subject of several analyst reports. Mizuho lowered their price objective on DTE Energy from $152.00 to $136.00 and set an “outperform” rating for the company in a research report on Monday, September 28th. Jefferies Financial Group set a $152.00 target price on DTE Energy in a research report on Friday, October 23rd. BMO Capital Markets lifted their target price on DTE Energy from $134.00 to $139.00 and gave the company a “market perform” rating in a research report on Friday, October 16th. Wall Street Zen lowered DTE Energy from a “hold” rating to a “sell” rating in a research note on Monday, October 19th. Finally, HSBC began coverage on DTE Energy in a report on Thursday, October 22nd. They set a “hold” rating and a $135.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, DTE Energy has an average rating of “Moderate Buy” and a consensus price target of $148.92.

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 shares were sold at an average price of $135.71, for a total transaction of $678,550.00. Following the sale, the insider directly owned 73,122 shares in the company, valued at $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 available through this link. Corporate insiders own 0.60% of the company’s stock.

DTE Energy Price Performance

Shares of DTE opened at $134.97 on Friday. DTE Energy Company has a 1-year low of $119.68 and a 1-year high of $155.74. The stock has a market cap of $28.09 billion, a PE ratio of 19.18, a P/E/G ratio of 2.82 and a beta of 0.35. The firm has a 50-day simple moving average of $130.18 and a two-hundred day simple moving average of $140.85. The company has a debt-to-equity ratio of 2.13, a current ratio of 0.80 and a quick ratio of 0.53.

DTE Energy (NYSE:DTE) last released its quarterly earnings results on Thursday, November 5th. The utilities provider reported $2.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.13 by $0.17. DTE Energy had a net margin of 8.00% and a return on equity of 12.19%. The business had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same period in the previous year, the firm earned $2.01 EPS. As a group, analysts forecast that DTE Energy Company will post 7.70 EPS for the current year.

DTE Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Monday, December 21st will be issued a $1.2450 dividend. The ex-dividend date is Monday, December 21st. This represents a $4.98 annualized dividend and a dividend yield of 3.7%. This is a boost from DTE Energy’s previous quarterly dividend of $1.1650. DTE Energy’s dividend payout ratio (DPR) is presently 73.73%.

Key DTE Energy News

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

• Positive Sentiment: DTE reported third-quarter EPS of $2.30, topping the $2.15 consensus estimate; operating earnings also rose. The earnings beat is a near-term positive. DTE Energy Q3 earnings
• Positive Sentiment: The company agreed to sell its non-utility DTE Vantage business to investors advised by J.P. Morgan Asset Management for about $3 billion, with closing expected in the first half of 2027. The deal advances DTE’s focus on its utility business and provides substantial transaction proceeds. DTE Vantage sale and company update
• Positive Sentiment: DTE raised its quarterly dividend 6.9%, to $1.245 per share, payable Jan. 15, 2027, for shareholders of record Dec. 21. The increase supports the stock’s income appeal. DTE dividend announcement
• Neutral Sentiment: The company highlighted data-center growth and plans to invest $6.1 billion in its utilities in 2026, alongside grid reliability and cleaner-generation projects. These plans may support longer-term growth and customer benefits, while requiring substantial ongoing investment. DTE quarterly accomplishments

DTE Energy Company 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.