Robeco Institutional Asset Management B.V. Cuts Stock Holdings in DTE Energy Company $DTE

Robeco Institutional Asset Management B.V. decreased its holdings in shares of DTE Energy Company (NYSE:DTE) by 80.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,056 shares of the utilities provider’s stock after selling 62,169 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in DTE Energy were worth $1,942,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clean Yield Group bought a new stake in DTE Energy in the 3rd quarter worth approximately $28,000. Cloud Capital Management LLC bought a new stake in DTE Energy in the 3rd quarter worth approximately $28,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in DTE Energy in the 3rd quarter worth approximately $31,000. Asset Dedication LLC lifted its position in DTE Energy by 88.4% in the 3rd quarter. Asset Dedication LLC now owns 228 shares of the utilities provider’s stock worth $32,000 after buying an additional 107 shares during the last quarter. Finally, First Horizon Corp bought a new stake in DTE Energy in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

DTE Energy Stock Performance

Shares of DTE stock opened at $147.08 on Friday. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.55 and a current ratio of 0.80. DTE Energy Company has a fifty-two week low of $126.23 and a fifty-two week high of $154.63. The stock has a 50 day moving average price of $146.17 and a two-hundred day moving average price of $138.96. The company has a market capitalization of $30.60 billion, a P/E ratio of 20.95, a PEG ratio of 2.70 and a beta of 0.43.

DTE Energy (NYSE:DTE) last announced its quarterly earnings data 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. DTE Energy had a return on equity of 12.72% and a net margin of 9.24%.The firm had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $3.39 billion. During the same quarter in the previous year, the company posted $1.51 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Analysts expect that DTE Energy Company will post 7.18 earnings per share for the current year.

DTE Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 16th were given a $1.165 dividend. The ex-dividend date was Monday, March 16th. This represents a $4.66 annualized dividend and a yield of 3.2%. DTE Energy’s payout ratio is presently 66.38%.

Analyst Upgrades and Downgrades

DTE has been the subject of a number of recent research reports. Argus upgraded DTE Energy to a “strong-buy” rating in a research report on Thursday, February 26th. Jefferies Financial Group restated a “buy” rating and issued a $170.00 target price on shares of DTE Energy in a research report on Wednesday, April 8th. Mizuho boosted their target price on DTE Energy from $144.00 to $155.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Barclays boosted their target price on DTE Energy from $151.00 to $156.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 17th. Finally, Morgan Stanley restated an “overweight” rating and issued a $153.00 target price on shares of DTE Energy in a research report on Friday, February 20th. One 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $153.58.

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.