DTE Energy Company $DTE Shares Sold by Swiss National Bank

Key Points

• Swiss National Bank trimmed its stake in DTE Energy by 4.8%, selling 30,000 shares and leaving it with 598,200 shares valued at about $84.6 million (≈0.29% ownership).
• DTE beat quarterly expectations with $1.65 EPS (vs. $1.52 est.) and $4.43B revenue, set FY2026 guidance of $7.590–$7.730 EPS, and carries a MarketBeat consensus rating of "Moderate Buy" with an average target of $151.31.
• The company declared a quarterly dividend of $1.165 (annualized $4.66), representing a 3.2% yield with an ex-dividend date of March 16 and a payout ratio of ~66.4%.

Swiss National Bank trimmed its position in DTE Energy Company (NYSE:DTE - Free Report) by 4.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 598,200 shares of the utilities provider's stock after selling 30,000 shares during the period. Swiss National Bank owned 0.29% of DTE Energy worth $84,603,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of DTE. Global Wealth Strategies & Associates bought a new stake in shares of DTE Energy in the 3rd quarter valued at approximately $28,000. Clean Yield Group acquired a new position in DTE Energy in the third quarter worth $28,000. Cloud Capital Management LLC bought a new stake in DTE Energy during the third quarter valued at $28,000. Capital A Wealth Management LLC raised its holdings in shares of DTE Energy by 5,775.0% during the second quarter. Capital A Wealth Management LLC now owns 235 shares of the utilities provider's stock worth $31,000 after purchasing an additional 231 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of DTE Energy in the 3rd quarter worth about $31,000. Institutional investors and hedge funds own 76.06% of the company's stock.

Analyst Upgrades and Downgrades

DTE has been the subject of a number of recent research reports. Argus raised shares of DTE Energy to a "strong-buy" rating in a research report on Thursday, February 26th. Morgan Stanley restated an "overweight" rating and issued a $153.00 target price on shares of DTE Energy in a research note on Friday, February 20th. UBS Group lowered their target price on DTE Energy from $155.00 to $151.00 and set a "buy" rating for the company in a report on Wednesday, December 17th. Mizuho increased their price target on DTE Energy from $144.00 to $155.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 18th. Finally, Jefferies Financial Group boosted their price objective on DTE Energy from $150.00 to $153.00 and gave the company a "buy" rating in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, DTE Energy has a consensus rating of "Moderate Buy" and an average target price of $151.31.

DTE Energy Stock Performance

Shares of DTE stock opened at $147.85 on Wednesday. DTE Energy Company has a 12-month low of $123.69 and a 12-month high of $154.63. 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 firm has a market capitalization of $30.72 billion, a price-to-earnings ratio of 21.06, a price-to-earnings-growth ratio of 2.74 and a beta of 0.47. The business has a 50 day simple moving average of $138.54 and a 200 day simple moving average of $136.98.

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

DTE Energy Dividend Announcement

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

DTE Energy 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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