M&T Bank Corp Has $21.20 Million Stock Position in DTE Energy Company $DTE

Key Points

• M&T Bank Corp raised its stake in DTE Energy by 2,912.9% in Q4 and now holds 164,382 shares worth about $21.20 million (≈0.08% of the company).
• Sell‑side coverage is largely positive — Truist initiated with a Buy and $165 price target, and the consensus rating is a Moderate Buy with an average target of $155.23.
• DTE recently beat quarterly EPS expectations ($1.65 vs. $1.52), set FY2026 guidance of 7.590–7.730 EPS, and pays a quarterly dividend of $1.165 (annualized $4.66, yield ~3.2%).

M&T Bank Corp raised its holdings in shares of DTE Energy Company (NYSE:DTE - Free Report) by 2,912.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 164,382 shares of the utilities provider's stock after purchasing an additional 158,926 shares during the period. M&T Bank Corp owned 0.08% of DTE Energy worth $21,202,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of DTE. Empowered Funds LLC raised its position in shares of DTE Energy by 200.7% during the 1st quarter. Empowered Funds LLC now owns 9,909 shares of the utilities provider's stock valued at $1,370,000 after acquiring an additional 6,614 shares during the last quarter. Woodline Partners LP grew its stake in shares of DTE Energy by 40.8% during the first quarter. Woodline Partners LP now owns 17,509 shares of the utilities provider's stock worth $2,421,000 after purchasing an additional 5,072 shares during the period. Intech Investment Management LLC grew its stake in shares of DTE Energy by 6.5% during the first quarter. Intech Investment Management LLC now owns 12,687 shares of the utilities provider's stock worth $1,754,000 after purchasing an additional 773 shares during the period. Sivia Capital Partners LLC bought a new stake in DTE Energy in the second quarter valued at about $203,000. Finally, Jump Financial LLC lifted its stake in DTE Energy by 154.5% in the second quarter. Jump Financial LLC now owns 12,677 shares of the utilities provider's stock valued at $1,679,000 after buying an additional 7,696 shares during the period. 76.06% of the stock is currently owned by institutional investors and hedge funds.

DTE Energy News Roundup

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

• Positive Sentiment: Truist initiated coverage on DTE with a buy/strong‑buy stance (also initiating coverage on several DTE corporate bonds), which supports demand for the equity and signals institutional confidence. Truist Securities initiates coverage of DTE Energy (DTE) with buy recommendation
• Positive Sentiment: Analysts at Zacks highlight DTE's strong history of earnings beats and say the company appears positioned to outpace consensus again, reinforcing upside expectations ahead of the next report (DTE also beat in the Feb quarter and issued FY2026 EPS guidance). Will DTE Energy (DTE) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: DTE said it intends to forego asking for electric rate increases for at least two years after its April 28 MPSC filing, citing affordability and data‑center revenue offsets — this reduces near‑term regulatory uncertainty and may be viewed favorably by customers and regulators while management points to data‑center contributions helping offset reliability investments. DTE Energy intends to pause future electric rate requests following upcoming filing as data centers come online
• Negative Sentiment: Local planners in Ingersoll Township voted against permitting a DTE solar farm, creating a near‑term project delay and potential permitting risk for distributed renewable targets; company says it has options but the setback could slow expected clean‑energy additions. Ingersoll Township planners vote against DTE Energy solar farm

Analysts Set New Price Targets

DTE has been the topic of a number of analyst reports. Bank of America reiterated a "buy" rating on shares of DTE Energy in a research report on Wednesday. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $160.00 target price on shares of DTE Energy in a research note on Tuesday. BMO Capital Markets cut their target price on shares of DTE Energy from $157.00 to $148.00 and set a "market perform" rating on the stock in a report on Thursday, March 26th. Barclays lifted their price target on shares of DTE Energy from $151.00 to $156.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 17th. Finally, Truist Financial assumed coverage on shares of DTE Energy in a report on Monday. They issued a "buy" rating and a $165.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $155.23.

DTE Energy Price Performance

Shares of DTE opened at $147.50 on Friday. The stock has a 50 day simple moving average of $146.72 and a 200 day simple moving average of $139.10. DTE Energy Company has a 52-week low of $126.23 and a 52-week high of $154.63. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.55 and a current ratio of 0.80. The firm has a market capitalization of $30.69 billion, a PE ratio of 21.01, a P/E/G ratio of 2.64 and a beta of 0.43.

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, topping 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 firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same period last year, the company posted $1.51 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Sell-side analysts predict that DTE Energy Company will post 7.71 EPS for the current fiscal year.

DTE Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 16th were issued a dividend of $1.165 per share. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, March 16th. DTE Energy's dividend payout ratio (DPR) is presently 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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