Qsemble Capital Management LP Raises Holdings in DTE Energy Company $DTE

Qsemble Capital Management LP boosted its stake in shares of DTE Energy Company (NYSE:DTE) by 181.1% in the 4th quarter, HoldingsChannel reports. The fund owned 30,259 shares of the utilities provider’s stock after buying an additional 19,496 shares during the quarter. Qsemble Capital Management LP’s holdings in DTE Energy were worth $3,903,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of DTE. Concurrent Investment Advisors LLC lifted its holdings in DTE Energy by 1.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 5,451 shares of the utilities provider’s stock worth $771,000 after buying an additional 75 shares during the period. Segment Wealth Management LLC lifted its holdings in DTE Energy by 4.6% in the 4th quarter. Segment Wealth Management LLC now owns 1,744 shares of the utilities provider’s stock worth $225,000 after buying an additional 76 shares during the period. Keybank National Association OH lifted its holdings in DTE Energy by 1.8% in the 3rd quarter. Keybank National Association OH now owns 4,606 shares of the utilities provider’s stock worth $651,000 after buying an additional 81 shares during the period. Modern Wealth Management LLC lifted its stake in DTE Energy by 0.6% in the third quarter. Modern Wealth Management LLC now owns 13,431 shares of the utilities provider’s stock worth $1,900,000 after acquiring an additional 85 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its stake in DTE Energy by 4.6% in the third quarter. Oppenheimer & Co. Inc. now owns 1,960 shares of the utilities provider’s stock worth $277,000 after acquiring an additional 86 shares during the period. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DTE. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $160.00 price target on shares of DTE Energy in a research note on Tuesday, April 21st. JPMorgan Chase & Co. decreased their price objective on shares of DTE Energy from $160.00 to $155.00 and set a “neutral” rating for the company in a report on Thursday. Morgan Stanley decreased their price objective on shares of DTE Energy from $156.00 to $155.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Mizuho set a $165.00 price objective on shares of DTE Energy in a report on Friday, May 1st. Finally, Weiss Ratings lowered shares of DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $157.58.

Insider Activity at DTE Energy

In other news, VP Lisa A. Muschong sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $143.72, for a total value of $143,720.00. Following the completion of the transaction, the vice president owned 6,233 shares in the company, valued at $895,806.76. This trade represents a 13.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is currently owned by insiders.

DTE Energy Trading Down 2.7%

DTE opened at $139.92 on Friday. The stock has a market cap of $29.11 billion, a PE ratio of 23.05, a PEG ratio of 3.14 and a beta of 0.41. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 2.04. The business has a 50 day moving average of $146.21 and a 200-day moving average of $139.33. DTE Energy Company has a 52 week low of $126.23 and a 52 week high of $154.63.

DTE Energy (NYSE:DTE) last released its earnings results on Thursday, April 30th. The utilities provider reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.03). The firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $4.37 billion. DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. During the same quarter in the previous year, the business earned $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Equities research analysts predict that DTE Energy Company will post 7.71 earnings per share for the current fiscal year.

DTE Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 22nd will be paid a $1.165 dividend. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Monday, June 22nd. DTE Energy’s dividend payout ratio (DPR) is presently 76.77%.

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.