M&T Bank Corp Purchases 158,926 Shares of DTE Energy Company $DTE

M&T Bank Corp raised its position in DTE Energy Company (NYSE:DTE) by 2,912.9% during the 4th quarter, HoldingsChannel reports. The fund owned 164,382 shares of the utilities provider’s stock after buying an additional 158,926 shares during the quarter. M&T Bank Corp’s holdings in DTE Energy were worth $21,202,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Clean Yield Group bought a new stake in DTE Energy during the 3rd quarter worth about $28,000. Cloud Capital Management LLC acquired a new position in DTE Energy during the third quarter worth $28,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in DTE Energy in the third quarter valued at $31,000. Asset Dedication LLC increased its stake in shares of DTE Energy by 88.4% during the 3rd quarter. Asset Dedication LLC now owns 228 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 107 shares during the last quarter. Finally, First Horizon Corp acquired a new stake in DTE Energy in the 3rd quarter valued at about $36,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Stock Up 2.7%

DTE stock opened at $147.50 on Friday. 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 debt-to-equity ratio of 1.93, a current ratio of 0.80 and a quick ratio of 0.55. The stock has a market capitalization of $30.69 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 2.64 and a beta of 0.43. The business’s fifty day moving average price is $146.72 and its two-hundred day moving average price is $139.10.

DTE Energy (NYSE:DTE) last announced its earnings results on Tuesday, February 17th. The utilities provider reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.13. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same quarter in the previous year, the business posted $1.51 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, equities analysts anticipate that DTE Energy Company will post 7.71 earnings per share for the current year.

DTE Energy Dividend Announcement

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

Key Stories Impacting DTE Energy

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

• Positive Sentiment: Truist initiated coverage on DTE with a buy/strong‑buy stance (also initiating coverage on several DTE corporate bonds), which supports demand for the equity and signals institutional confidence. Truist Securities initiates coverage of DTE Energy (DTE) with buy recommendation
• Positive Sentiment: Analysts at Zacks highlight DTE’s strong history of earnings beats and say the company appears positioned to outpace consensus again, reinforcing upside expectations ahead of the next report (DTE also beat in the Feb quarter and issued FY2026 EPS guidance). Will DTE Energy (DTE) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: DTE said it intends to forego asking for electric rate increases for at least two years after its April 28 MPSC filing, citing affordability and data‑center revenue offsets — this reduces near‑term regulatory uncertainty and may be viewed favorably by customers and regulators while management points to data‑center contributions helping offset reliability investments. DTE Energy intends to pause future electric rate requests following upcoming filing as data centers come online
• Negative Sentiment: Local planners in Ingersoll Township voted against permitting a DTE solar farm, creating a near‑term project delay and potential permitting risk for distributed renewable targets; company says it has options but the setback could slow expected clean‑energy additions. Ingersoll Township planners vote against DTE Energy solar farm

Analysts Set New Price Targets

A number of analysts have recently issued reports on DTE shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of DTE Energy in a research report on Wednesday, January 21st. BMO Capital Markets dropped their price target on DTE Energy from $157.00 to $148.00 and set a “market perform” rating on the stock in a research note on Thursday, March 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price target on shares of DTE Energy in a report on Wednesday, April 8th. Barclays increased their price objective 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. Finally, Argus upgraded DTE Energy to a “strong-buy” rating in a report on Thursday, February 26th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, DTE Energy has an average rating of “Moderate Buy” and an average price target of $155.23.

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.