New York State Teachers Retirement System Has $19.25 Million Holdings in DTE Energy Company $DTE

Key Points

• New York State Teachers Retirement System trimmed its holding in DTE Energy by 12.3% in Q4, selling 20,991 shares and now owning 149,248 shares worth about $19.25 million (≈0.07% of the company).
• DTE is pursuing large growth opportunities — including a Google data‑center deal management says could drive roughly $5 billion of incremental investment through 2032 and supports a target of 6–8% EPS growth through 2030, with up to 8.4 GW of potential data‑center load in its footprint.
• Near‑term headwinds include a Q1 EPS miss and an energy‑trading loss, regulatory pushback on a proposed $474 million rate increase and PR/political scrutiny, though DTE maintains FY‑2026 EPS guidance of $7.59–$7.73 and pays a ~3.1% dividend yield.

New York State Teachers Retirement System lowered its stake in DTE Energy Company (NYSE:DTE - Free Report) by 12.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,248 shares of the utilities provider's stock after selling 20,991 shares during the period. New York State Teachers Retirement System owned approximately 0.07% of DTE Energy worth $19,250,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of DTE Energy in the fourth quarter worth about $25,000. Clean Yield Group acquired a new stake in shares of DTE Energy in the third quarter worth about $28,000. Cloud Capital Management LLC acquired a new position in shares of DTE Energy during the 3rd quarter worth about $28,000. Torren Management LLC acquired a new position in shares of DTE Energy during the 4th quarter worth about $26,000. Finally, Quest 10 Wealth Builders Inc. lifted its position in shares of DTE Energy by 754.2% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider's stock worth $26,000 after purchasing an additional 181 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company's stock.

Trending Headlines about DTE Energy

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

DTE Energy Trading Down 1.7%

DTE Energy stock opened at $149.05 on Friday. The business has a 50 day moving average price of $147.10 and a two-hundred day moving average price of $139.33. The company has a quick ratio of 0.55, a current ratio of 0.80 and a debt-to-equity ratio of 1.93. The stock has a market cap of $31.01 billion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of 3.25 and a beta of 0.41. DTE Energy Company has a 12 month low of $126.23 and a 12 month 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 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.03). The firm had revenue of $5.14 billion during the quarter, compared to analyst estimates of $4.37 billion. DTE Energy had a net margin of 7.65% and a return on equity of 12.44%. During the same period last year, the company earned $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, equities analysts forecast that DTE Energy Company will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently weighed in on DTE shares. BMO Capital Markets cut their price objective on DTE Energy from $157.00 to $148.00 and set a "market perform" rating for the company in a research report on Thursday, March 26th. Argus raised DTE Energy to a "strong-buy" rating in a research report on Thursday, February 26th. Weiss Ratings reissued a "buy (b-)" rating on shares of DTE Energy in a research report on Wednesday, January 21st. Truist Financial started coverage on DTE Energy in a research report on Monday, April 20th. They set a "buy" rating and a $165.00 price objective for the company. Finally, Wall Street Zen cut DTE Energy from a "hold" rating to a "sell" rating in a research report on Sunday. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, DTE Energy has an average rating of "Moderate Buy" and an average target price of $156.92.

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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