Texas Permanent School Fund Corp Sells 7,554 Shares of DTE Energy Company $DTE

Texas Permanent School Fund Corp cut its holdings in DTE Energy Company (NYSE:DTE) by 34.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,610 shares of the utilities provider’s stock after selling 7,554 shares during the quarter. Texas Permanent School Fund Corp’s holdings in DTE Energy were worth $1,935,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in shares of DTE Energy by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 763,752 shares of the utilities provider’s stock valued at $105,592,000 after purchasing an additional 10,976 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of DTE Energy by 4.5% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,455 shares of the utilities provider’s stock worth $616,000 after buying an additional 192 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of DTE Energy by 3.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 315,992 shares of the utilities provider’s stock worth $43,693,000 after buying an additional 9,469 shares during the last quarter. CW Advisors LLC increased its holdings in shares of DTE Energy by 11.4% during the first quarter. CW Advisors LLC now owns 5,049 shares of the utilities provider’s stock worth $698,000 after buying an additional 515 shares in the last quarter. Finally, Norinchukin Bank The lifted its stake in shares of DTE Energy by 16.2% in the 1st quarter. Norinchukin Bank The now owns 11,440 shares of the utilities provider’s stock valued at $1,582,000 after acquiring an additional 1,599 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Trading Down 1.7%

Shares of DTE stock opened at $127.68 on Monday. DTE Energy Company has a 1-year low of $116.30 and a 1-year high of $143.79. The company has a current ratio of 1.15, a quick ratio of 0.68 and a debt-to-equity ratio of 2.01. The stock has a market cap of $26.52 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 2.50 and a beta of 0.47. The stock has a 50-day moving average of $136.00 and a 200-day moving average of $136.30.

DTE Energy (NYSE:DTE) last announced its earnings results on Thursday, October 30th. The utilities provider reported $2.25 EPS for the quarter, beating the consensus estimate of $2.10 by $0.15. The business had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.23 billion. DTE Energy had a return on equity of 12.63% and a net margin of 9.34%.During the same period in the prior year, the business posted $2.22 earnings per share. DTE Energy has set its FY 2025 guidance at 7.090-7.230 EPS and its FY 2026 guidance at 7.590-7.730 EPS. On average, equities research analysts forecast that DTE Energy Company will post 7.18 earnings per share for the current year.

DTE Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be given a dividend of $1.165 per share. This represents a $4.66 annualized dividend and a dividend yield of 3.6%. This is a boost from DTE Energy’s previous quarterly dividend of $1.09. The ex-dividend date is Monday, December 15th. DTE Energy’s dividend payout ratio is currently 69.97%.

Analyst Ratings Changes

DTE has been the topic of a number of research reports. Wells Fargo & Company upgraded DTE Energy to a “strong-buy” rating in a research report on Tuesday, October 28th. UBS Group reduced their price target on DTE Energy from $155.00 to $151.00 and set a “buy” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. lowered their price objective on DTE Energy from $151.00 to $145.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Weiss Ratings reiterated a “buy (b-)” rating on shares of DTE Energy in a research report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of DTE Energy from a “hold” rating to a “sell” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $148.00.

More DTE Energy News

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

• Positive Sentiment: MPSC approved DTE’s contract to supply power for the massive Saline Township data‑center project — this secures a large, long‑duration load that should increase regulated revenues and capacity utilization if the project proceeds. Michigan Public Service Commission approves DTE contract for Saline Township data center project
• Neutral Sentiment: The Public Service Commission’s approval carries conditions (“strings attached”) that could affect the timing, cost recovery or contractual terms — this tempers the upside until compliance details and any required mitigation are clear. Public Service Commission approves DTE data center contracts – with strings attached
• Neutral Sentiment: JPMorgan updated models for North American utilities including DTE — analyst model changes can shift near‑term sentiment but are not a direct operational event; watch for specific rating or target changes. JPMorgan updates models for North American utilities group, including DTE Energy (DTE)
• Neutral Sentiment: Recent analyses comparing DTE to peers provide context on valuation and regulated exposure; useful for investors but unlikely to drive an immediate directional move. How Is DTE Energy Stock Performance Compared to Other Utilities – Regulated Electric Stocks?
• Negative Sentiment: DTE established a $1.5 billion equity distribution agreement — this gives the company the ability to issue shares, which can be dilutive and often weighs on the stock unless tied to clear value‑creating uses (M&A, financing at attractive rates, etc.). DTE Energy Establishes $1.5 Billion Equity Distribution Program
• Negative Sentiment: A rural Michigan township rejected a DTE solar proposal — a localized setback for DTE’s renewables expansion that highlights permitting/community risk for certain projects. Rural Michigan township rejects DTE solar energy proposal for 3 square miles

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.