Deprince Race & Zollo Inc. Grows Position in DTE Energy Company $DTE

Deprince Race & Zollo Inc. grew its holdings in DTE Energy Company (NYSE:DTE) by 70.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 203,303 shares of the utilities provider’s stock after buying an additional 84,198 shares during the period. Deprince Race & Zollo Inc. owned 0.10% of DTE Energy worth $26,222,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. AE Wealth Management LLC grew its stake in DTE Energy by 5.0% during the 3rd quarter. AE Wealth Management LLC now owns 118,521 shares of the utilities provider’s stock valued at $16,762,000 after acquiring an additional 5,658 shares in the last quarter. CWM LLC grew its stake in DTE Energy by 50.5% during the 3rd quarter. CWM LLC now owns 35,893 shares of the utilities provider’s stock valued at $5,076,000 after acquiring an additional 12,045 shares in the last quarter. Wedge Capital Management L L P NC purchased a new stake in DTE Energy during the 3rd quarter valued at about $16,723,000. Bogart Wealth LLC grew its stake in DTE Energy by 49,181.8% during the 3rd quarter. Bogart Wealth LLC now owns 54,210 shares of the utilities provider’s stock valued at $7,667,000 after acquiring an additional 54,100 shares in the last quarter. Finally, Hudson Bay Capital Management LP purchased a new stake in DTE Energy during the 2nd quarter valued at about $15,277,000. 76.06% of the stock is currently owned by institutional investors and hedge funds.

DTE Energy Stock Up 0.1%

Shares of NYSE:DTE opened at $149.82 on Monday. The firm’s 50 day moving average price is $144.95 and its 200 day moving average price is $138.67. The stock has a market cap of $31.17 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 2.75 and a beta of 0.43. DTE Energy Company has a fifty-two week low of $126.23 and a fifty-two week high of $154.63. The company has a quick ratio of 0.55, a current ratio of 0.80 and a debt-to-equity ratio of 1.93.

DTE Energy (NYSE:DTE) last issued its earnings results on Tuesday, February 17th. The utilities provider reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.13. The firm had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $3.39 billion. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. During the same quarter last year, the company earned $1.51 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, equities research analysts predict that DTE Energy Company will post 7.18 earnings per share for the current fiscal year.

DTE Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 16th will be paid a $1.165 dividend. This represents a $4.66 annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, March 16th. DTE Energy’s dividend payout ratio is currently 66.38%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Citigroup upped their price objective on shares of DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Wall Street Zen cut shares of DTE Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. BMO Capital Markets lowered their price target on shares of DTE Energy from $157.00 to $148.00 and set a “market perform” rating on the stock in a research report on Thursday, March 26th. Jefferies Financial Group reissued a “buy” rating and set a $170.00 price target on shares of DTE Energy in a research report on Wednesday. Finally, Barclays upped their target price on shares of DTE Energy from $151.00 to $156.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $153.58.

About DTE Energy

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.