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Capital International Inc. CA Has $14.59 Million Holdings in DTE Energy Company $DTE

DTE Energy logo with Utilities background
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Key Points

  • Capital International Inc. CA boosted its stake in DTE Energy (NYSE:DTE) by 28.1% in Q3 to 103,176 shares, valued at about $14.59 million.
  • DTE beat quarterly expectations, reporting $1.65 EPS vs. $1.52 consensus and $4.43B revenue, and set FY2026 guidance of 7.590–7.730 EPS versus analysts' ~7.18 estimate.
  • DTE announced a quarterly dividend of $1.165 (annualized $4.66) with an ex-dividend date of March 16, implying a yield of about 3.2%.
  • Five stocks we like better than DTE Energy.

Capital International Inc. CA boosted its stake in DTE Energy Company (NYSE:DTE - Free Report) by 28.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,176 shares of the utilities provider's stock after purchasing an additional 22,661 shares during the period. Capital International Inc. CA's holdings in DTE Energy were worth $14,592,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DTE. Vanguard Group Inc. grew its position in shares of DTE Energy by 4.2% during the 2nd quarter. Vanguard Group Inc. now owns 25,964,872 shares of the utilities provider's stock worth $3,439,307,000 after buying an additional 1,042,589 shares during the period. Raymond James Financial Inc. lifted its position in shares of DTE Energy by 176.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,015,208 shares of the utilities provider's stock valued at $134,474,000 after acquiring an additional 648,007 shares during the period. JPMorgan Chase & Co. lifted its position in shares of DTE Energy by 22.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,256,284 shares of the utilities provider's stock valued at $177,676,000 after acquiring an additional 226,647 shares during the period. State Street Corp boosted its stake in DTE Energy by 2.2% during the second quarter. State Street Corp now owns 10,558,531 shares of the utilities provider's stock worth $1,409,833,000 after acquiring an additional 222,353 shares in the last quarter. Finally, Panagora Asset Management Inc. grew its holdings in DTE Energy by 18.8% in the second quarter. Panagora Asset Management Inc. now owns 1,186,434 shares of the utilities provider's stock worth $157,155,000 after purchasing an additional 187,875 shares during the period. 76.06% of the stock is owned by institutional investors.

DTE Energy Price Performance

DTE opened at $147.85 on Wednesday. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.80 and a quick ratio of 0.55. The company has a market capitalization of $30.72 billion, a price-to-earnings ratio of 21.06, a P/E/G ratio of 2.74 and a beta of 0.47. The firm's fifty day moving average price is $138.54 and its two-hundred day moving average price is $136.98. DTE Energy Company has a 1 year low of $123.69 and a 1 year high of $154.63.

DTE Energy (NYSE:DTE - Get Free Report) last announced its earnings results on Tuesday, February 17th. The utilities provider reported $1.65 EPS for the quarter, beating the consensus estimate of $1.52 by $0.13. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. The company had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $3.39 billion. During the same quarter in the prior year, the company posted $1.51 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, analysts anticipate that DTE Energy Company will post 7.18 earnings per share for the current fiscal year.

DTE Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 16th will be given a dividend of $1.165 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $4.66 annualized dividend and a dividend yield of 3.2%. DTE Energy's dividend payout ratio (DPR) is currently 66.38%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DTE shares. Citigroup upped their price objective on shares of DTE Energy from $158.00 to $168.00 and gave the company a "buy" rating in a report on Wednesday, February 18th. Argus upgraded DTE Energy to a "strong-buy" rating in a research note on Thursday, February 26th. 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 report on Thursday, December 11th. Jefferies Financial Group upped their price target on DTE Energy from $150.00 to $153.00 and gave the stock a "buy" rating in a research note on Wednesday, January 28th. Finally, UBS Group cut their price target on DTE Energy from $155.00 to $151.00 and set a "buy" rating on the stock in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, DTE Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $151.31.

Check Out Our Latest Analysis on DTE Energy

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.

Read More

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Institutional Ownership by Quarter for DTE Energy (NYSE:DTE)

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