Natixis Advisors LLC Has $21.05 Million Stake in DTE Energy Company $DTE

Natixis Advisors LLC raised its position in shares of DTE Energy Company (NYSE:DTE) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 148,842 shares of the utilities provider’s stock after acquiring an additional 6,350 shares during the period. Natixis Advisors LLC owned approximately 0.07% of DTE Energy worth $21,051,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AE Wealth Management LLC lifted its position in shares of DTE Energy by 5.0% during the 3rd quarter. AE Wealth Management LLC now owns 118,521 shares of the utilities provider’s stock worth $16,762,000 after purchasing an additional 5,658 shares during the last quarter. CWM LLC grew its holdings in DTE Energy by 50.5% in the 3rd quarter. CWM LLC now owns 35,893 shares of the utilities provider’s stock valued at $5,076,000 after buying an additional 12,045 shares during the last quarter. Wedge Capital Management L L P NC bought a new position in DTE Energy in the 3rd quarter worth approximately $16,723,000. Bogart Wealth LLC increased its position in DTE Energy by 49,181.8% in the 3rd quarter. Bogart Wealth LLC now owns 54,210 shares of the utilities provider’s stock worth $7,667,000 after buying an additional 54,100 shares during the period. Finally, Hudson Bay Capital Management LP acquired a new position in shares of DTE Energy during the second quarter worth approximately $15,277,000. 76.06% of the stock is owned by institutional investors and hedge funds.

DTE Energy Price Performance

Shares of NYSE:DTE opened at $146.50 on Thursday. The firm has a market capitalization of $30.44 billion, a PE ratio of 20.87, a PEG ratio of 2.71 and a beta of 0.47. 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 $123.69 and a 1-year high of $154.63. The business’s 50 day moving average is $138.89 and its 200-day moving average is $137.05.

DTE Energy (NYSE:DTE) last issued its earnings results on Tuesday, February 17th. The utilities provider reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.13. The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $3.39 billion. DTE Energy had a return on equity of 12.72% and a net margin of 9.24%.During the same period in the prior year, the company posted $1.51 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Sell-side analysts predict that DTE Energy Company will post 7.18 earnings per share for the current year.

DTE Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 16th will be paid a $1.165 dividend. The ex-dividend date is Monday, March 16th. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.2%. DTE Energy’s dividend payout ratio is currently 66.38%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DTE shares. Mizuho increased their price objective on DTE Energy from $144.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Wells Fargo & Company dropped their target price on shares of DTE Energy from $157.00 to $152.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Barclays cut their target price on shares of DTE Energy from $148.00 to $141.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Wall Street Zen lowered shares of DTE Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of DTE Energy in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $151.31.

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.