DTE Energy Company $DTE Shares Sold by Aventail Capital Group LP

Key Points

• Aventail Capital Group LP cut its DTE Energy stake by 26.2% in the fourth quarter, selling 61,075 shares and leaving it with 171,822 shares valued at about $22.2 million.
• Insider and institutional activity was mixed: VP Lisa A. Muschong sold 1,000 shares, while institutional ownership remains high at 76.06% of the company’s stock.
• DTE Energy’s fundamentals and outlook include a slightly weaker-than-expected quarterly EPS, a quarterly dividend of $1.165 per share, and analyst sentiment that remains “Moderate Buy” with an average price target of $156.67.

Aventail Capital Group LP lessened its stake in DTE Energy Company (NYSE:DTE - Free Report) by 26.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 171,822 shares of the utilities provider's stock after selling 61,075 shares during the quarter. DTE Energy accounts for about 1.3% of Aventail Capital Group LP's portfolio, making the stock its 20th largest holding. Aventail Capital Group LP owned about 0.08% of DTE Energy worth $22,162,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Balyasny Asset Management L.P. acquired a new position in shares of DTE Energy in the 4th quarter valued at about $139,423,000. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of DTE Energy by 5.4% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 5,904 shares of the utilities provider's stock valued at $761,000 after buying an additional 304 shares during the period. Boothbay Fund Management LLC acquired a new position in shares of DTE Energy in the 4th quarter valued at about $293,000. Armistice Capital LLC acquired a new position in shares of DTE Energy in the 4th quarter valued at about $299,000. Finally, Freestone Grove Partners LP acquired a new position in shares of DTE Energy in the 4th quarter valued at about $60,525,000. Institutional investors and hedge funds own 76.06% of the company's stock.

Insider Activity

In other news, VP Lisa A. Muschong sold 1,000 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $143.72, for a total value of $143,720.00. Following the sale, 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 is accessible through the SEC website. Insiders own 0.60% of the company's stock.

DTE Energy Trading Down 1.2%

Shares of DTE Energy stock opened at $147.03 on Thursday. The firm has a market capitalization of $30.59 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 3.25 and a beta of 0.39. DTE Energy Company has a fifty-two week low of $126.23 and a fifty-two week high of $154.63. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.69 and a current ratio of 0.95. The stock has a 50 day moving average of $145.19 and a 200 day moving average of $140.58.

DTE Energy (NYSE:DTE - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The utilities provider reported $1.95 EPS for the quarter, missing analysts' consensus estimates of $1.98 by ($0.03). DTE Energy had a return on equity of 12.37% and a net margin of 7.65%.The firm had revenue of $5.14 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same quarter last year, the company earned $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, research analysts predict that DTE Energy Company will post 7.71 earnings per share for the current year.

DTE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 22nd will be paid a $1.165 dividend. This represents a $4.66 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Monday, June 22nd. DTE Energy's dividend payout ratio (DPR) is presently 76.77%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on DTE shares. Wells Fargo & Company reissued an "overweight" rating and issued a $165.00 price objective on shares of DTE Energy in a report on Monday. BMO Capital Markets cut their price target on DTE Energy from $157.00 to $148.00 and set a "market perform" rating for the company in a research note on Thursday, March 26th. Mizuho set a $165.00 price target on DTE Energy in a research note on Friday, May 1st. JPMorgan Chase & Co. cut their price target on DTE Energy from $160.00 to $155.00 and set a "neutral" rating for the company in a research note on Thursday, May 14th. Finally, Bank of America restated a "buy" rating on shares of DTE Energy in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $156.67.

DTE Energy News Roundup

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

• Positive Sentiment: The U.S. Department of Energy finalized a roughly $1.6 billion loan for DTE Gas/Michigan infrastructure upgrades, a move that should help fund grid and gas system improvements while potentially lowering customer energy costs and supporting long-term utility investment. DOE closes on 1.6B loan to DTE Energy for Michigan upgrades
• Positive Sentiment: Brokerage sentiment remained constructive, with DTE Energy receiving an average “Moderate Buy” recommendation, which can support investor confidence in the stock. DTE Energy Company Given Average Recommendation of Moderate Buy by Brokerages
• Positive Sentiment: Independent commentary highlighted DTE as a potential beneficiary of AI/data-center infrastructure demand, pointing to upside from its capital plan and Michigan regulatory backdrop. DTE Energy Emerges as a Top AI Infrastructure Beneficiary
• Neutral Sentiment: Additional coverage focused on the DOE loan’s potential to improve Michigan infrastructure and lower costs, reinforcing the same long-term investment theme rather than introducing a new company-specific catalyst. Federal 1.68B loan aims to lower Michigan energy costs, improve infrastructure
• Neutral Sentiment: News also noted a gas leak response in Grosse Pointe Farms, which appears to be an isolated operational issue but could keep safety and reliability concerns in focus. Authorities, DTE respond to Grosse Pointe Farms gas leak
• Negative Sentiment: Investor sentiment may be pressured by reports that DTE is seeking a $474 million rate hike, especially alongside criticism about not paying federal income tax for more than a decade, which could increase public and regulatory scrutiny. DTE asks for 474M rate hike while not paying federal income tax for over a decade

DTE Energy Company Profile

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.

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