FSA Advisors Inc. Boosts Stake in DTE Energy Company $DTE

FSA Advisors Inc. raised its stake in shares of DTE Energy Company (NYSE:DTE) by 84.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,478 shares of the utilities provider’s stock after acquiring an additional 5,731 shares during the quarter. DTE Energy makes up about 1.2% of FSA Advisors Inc.’s portfolio, making the stock its 20th biggest position. FSA Advisors Inc.’s holdings in DTE Energy were worth $1,825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in DTE. Laurel Wealth Advisors LLC bought a new position in DTE Energy in the fourth quarter worth about $25,000. Quest 10 Wealth Builders Inc. boosted its holdings in shares of DTE Energy by 754.2% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock valued at $26,000 after buying an additional 181 shares in the last quarter. Torren Management LLC bought a new stake in shares of DTE Energy in the 4th quarter valued at about $26,000. Elyxium Wealth LLC bought a new stake in shares of DTE Energy in the 4th quarter valued at about $29,000. Finally, Key Financial Inc purchased a new position in shares of DTE Energy in the 1st quarter worth approximately $29,000. Institutional investors own 76.06% of the company’s stock.

Insider Activity

In other news, VP Lisa A. Muschong sold 1,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $143.72, for a total value of $143,720.00. Following the completion of the transaction, the vice president directly owned 6,233 shares in the company, valued at $895,806.76. This trade represents a 13.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by insiders.

DTE Energy Price Performance

Shares of DTE opened at $148.12 on Friday. The firm has a market capitalization of $30.81 billion, a PE ratio of 24.40, a price-to-earnings-growth ratio of 3.25 and a beta of 0.38. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.95 and a quick ratio of 0.69. DTE Energy Company has a 1-year low of $126.23 and a 1-year high of $155.74. The company’s fifty day moving average price is $147.00 and its 200-day moving average price is $143.64.

DTE Energy (NYSE:DTE) last released its earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share (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 12.37%. During the same period in the previous year, the company earned $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, equities research analysts predict that DTE Energy Company will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be issued a $1.165 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.1%. DTE Energy’s dividend payout ratio is currently 76.77%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DTE. Jefferies Financial Group set a $172.00 price objective on shares of DTE Energy in a research note on Thursday, July 9th. Bank of America restated a “buy” rating on shares of DTE Energy in a research note on Wednesday, April 22nd. Barclays cut their price target on shares of DTE Energy from $156.00 to $154.00 and set an “equal weight” rating on the stock in a report on Monday, May 4th. Weiss Ratings lowered DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 12th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $165.00 price objective on shares of DTE Energy in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $158.69.

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.