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Third View Private Wealth LLC Acquires Shares of 12,345 DTE Energy Company $DTE

DTE Energy logo with Utilities background
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Key Points

  • Third View Private Wealth LLC bought a new stake of 12,345 shares of DTE Energy in Q4, valued at about $1.59 million, while several other institutions also added to or initiated positions, leaving institutional ownership at 76.06%.
  • Wall Street sentiment is positive with a consensus rating of “Moderate Buy” and an average price target of $153.58, supported by multiple buy/strong‑buy ratings and price targets up to $170.
  • DTE beat quarterly EPS estimates ($1.65 vs. $1.52) and set FY2026 guidance of 7.590–7.730 EPS; the company also declared a quarterly dividend of $1.165 (annualized $4.66) for a 3.2% yield.
  • MarketBeat previews top five stocks to own in May.

Third View Private Wealth LLC acquired a new stake in DTE Energy Company (NYSE:DTE - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,345 shares of the utilities provider's stock, valued at approximately $1,592,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DTE. Empowered Funds LLC increased its stake 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 worth $1,370,000 after purchasing an additional 6,614 shares during the last quarter. Woodline Partners LP increased its stake in shares of DTE Energy by 40.8% during the 1st 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 last quarter. Intech Investment Management LLC increased its stake in shares of DTE Energy by 6.5% during the 1st 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 last quarter. Sivia Capital Partners LLC purchased a new stake in shares of DTE Energy during the 2nd quarter worth approximately $203,000. Finally, Jump Financial LLC increased its stake in shares of DTE Energy by 154.5% during the 2nd quarter. Jump Financial LLC now owns 12,677 shares of the utilities provider's stock worth $1,679,000 after purchasing an additional 7,696 shares during the last quarter. Hedge funds and other institutional investors own 76.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on DTE shares. Weiss Ratings restated a "buy (b-)" rating on shares of DTE Energy in a research note on Wednesday, January 21st. Morgan Stanley restated an "overweight" rating and set a $153.00 price target on shares of DTE Energy in a research note on Friday, February 20th. Wells Fargo & Company decreased their price target on shares of DTE Energy from $157.00 to $152.00 and set an "overweight" rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group restated a "buy" rating and set a $170.00 price target on shares of DTE Energy in a research note on Wednesday, April 8th. Finally, Argus upgraded shares of DTE Energy to a "strong-buy" rating in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, DTE Energy currently has a consensus rating of "Moderate Buy" and an average price target of $153.58.

Get Our Latest Report on DTE Energy

DTE Energy Stock Down 1.5%

DTE opened at $147.45 on Tuesday. The company has a 50 day moving average of $145.24 and a 200 day moving average of $138.74. The company has a market cap of $30.67 billion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 2.75 and a beta of 0.43. DTE Energy Company has a 12 month low of $126.23 and a 12 month high of $154.63. 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 (NYSE:DTE - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $1.65 EPS for the quarter, topping the consensus estimate of $1.52 by $0.13. The company had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $3.39 billion. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. During the same period last year, the firm earned $1.51 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, sell-side analysts expect that DTE Energy Company will post 7.18 EPS for the current year.

DTE Energy Announces Dividend

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

About DTE Energy

(Free Report)

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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Institutional Ownership by Quarter for DTE Energy (NYSE:DTE)

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