Mitsubishi UFJ Trust & Banking Corp Has $11.55 Million Stock Holdings in DTE Energy Company $DTE

Key Points

• Mitsubishi UFJ Trust & Banking reduced its stake in DTE Energy by 8.7% in Q4 to 89,543 shares, valued at about $11.55 million.
• DTE missed Q1 earnings, reporting $1.95 EPS below expectations and issuing FY2026 guidance of $7.59–$7.73, while maintaining a $4.66 annualized dividend (≈3.1% yield).
• Major growth catalyst: a Google/data‑center agreement could drive roughly $5 billion of incremental investment through 2032 and DTE estimates up to 8.4 GW of potential data‑center load, underpinning its 6%–8% EPS growth target through 2030.

Mitsubishi UFJ Trust & Banking Corp lessened its stake in shares of DTE Energy Company (NYSE:DTE - Free Report) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,543 shares of the utilities provider's stock after selling 8,517 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in DTE Energy were worth $11,549,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DTE. Quest 10 Wealth Builders Inc. grew its holdings in DTE Energy by 754.2% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 181 shares during the last quarter. Clean Yield Group acquired a new position in DTE Energy during the third quarter valued at approximately $28,000. Cloud Capital Management LLC acquired a new position in DTE Energy during the third quarter valued at approximately $28,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in DTE Energy during the third quarter valued at approximately $31,000. Finally, Asset Dedication LLC grew its holdings in DTE Energy by 88.4% during the third quarter. Asset Dedication LLC now owns 228 shares of the utilities provider's stock valued at $32,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company's stock.

DTE Energy Trading Down 1.7%

Shares of DTE Energy stock opened at $149.05 on Friday. The company's fifty day simple moving average is $147.10 and its 200-day simple moving average is $139.34. The company has a market cap of $31.01 billion, a price-to-earnings ratio of 21.23, a PEG ratio of 3.31 and a beta of 0.41. The company has a current ratio of 0.80, a quick ratio of 0.55 and a debt-to-equity ratio of 1.93. DTE Energy Company has a 1 year low of $126.23 and a 1 year high of $154.63.

DTE Energy (NYSE:DTE - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $1.98 by ($0.03). DTE Energy had a return on equity of 12.44% and a net margin of 7.65%.The business had revenue of $5.14 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same quarter in the prior year, the firm earned $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, sell-side analysts expect that DTE Energy Company will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 16th were paid a dividend of $1.165 per share. The ex-dividend date was Monday, March 16th. This represents a $4.66 dividend on an annualized basis and a yield of 3.1%. DTE Energy's payout ratio is currently 66.38%.

DTE Energy News Roundup

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

• Positive Sentiment: Google/data‑center deal could unlock multibillion‑dollar investment and long‑term growth — DTE said the Google agreement could drive roughly $5B of incremental investment through 2032 and the company is targeting 6%–8% EPS growth through 2030, supporting longer‑term revenue and rate base expansion. DTE targets 6% to 8% EPS growth through 2030 as Google deal could drive ~$5B of incremental investment through 2032
• Positive Sentiment: Large data‑center market opportunity — DTE estimates up to 8.4 GW of potential data‑center load in its footprint, which could materially increase utility capital spending and regulated earnings if projects proceed. DTE sees up to 8.4 GW data center opportunity
• Positive Sentiment: Analysts see modest upside — the consensus price target (~$155.23) is above current trading, implying limited analyst upside if guidance and data‑center wins materialize. DTE Energy Company NYSE: DTE Receives $155.23 Consensus Price Target from Analysts
• Neutral Sentiment: FY‑2026 guidance remains essentially intact but slightly below consensus — DTE set FY26 EPS guidance of $7.59–$7.73 (near street), showing continued growth plans but little immediate upside surprise. Company also highlighted substantial Q1 utility investments and reliability gains in its press release. DTE Energy reports first quarter 2026 accomplishments, investments and financial results
• Neutral Sentiment: Market commentary rates the stock as a fairly valued utility — some analysts and outlets view DTE as a quality utility with reasonable valuation, which tempers dramatic moves absent clearer catalysts. DTE Energy Q1 Review: A Fairly Valued Quality Utility To Buy Now
• Negative Sentiment: Q1 earnings missed estimates and trading unit swung to a loss — DTE reported $1.95 EPS vs. $2.03 expected, with its energy‑trading segment dragging results, which is pressuring near‑term sentiment. DTE Energy misses quarterly profit estimates as energy trading unit swings loss
• Negative Sentiment: Regulatory and political pushback over rate request — DTE filed for a $474M rate increase; Michigan’s attorney general has publicly opposed it, raising regulatory risk and the prospect of reduced near‑term rate relief. DTE ties 10% proposed rate hike to data center, reprieve pledge
• Negative Sentiment: Reputational/political costs — reports that DTE donated $1.8M to a group opposing a municipal takeover of its grid in Ann Arbor add PR and political risk that could influence regulatory proceedings. DTE pours $1.8M into group opposing public takeover of its power grid in Ann Arbor

Analysts Set New Price Targets

Several brokerages have recently issued reports on DTE. Citigroup raised their price objective on shares of DTE Energy from $158.00 to $168.00 and gave the stock a "buy" rating in a research note on Wednesday, February 18th. Truist Financial began coverage on shares of DTE Energy in a research note on Monday, April 20th. They issued a "buy" rating and a $165.00 price objective on the stock. Barclays raised their price objective on shares of DTE Energy from $151.00 to $156.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 17th. Wall Street Zen upgraded shares of DTE Energy from a "sell" rating to a "hold" rating in a research note on Saturday, April 25th. Finally, Jefferies Financial Group restated a "buy" rating and issued a $170.00 price objective on shares of DTE Energy in a research note on Wednesday, April 8th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $156.92.

About DTE Energy

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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