New York State Teachers Retirement System Sells 20,991 Shares of DTE Energy Company $DTE

New York State Teachers Retirement System reduced its stake in DTE Energy Company (NYSE:DTE) by 12.3% during the 4th quarter, HoldingsChannel reports. The firm owned 149,248 shares of the utilities provider’s stock after selling 20,991 shares during the quarter. New York State Teachers Retirement System’s holdings in DTE Energy were worth $19,250,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DTE. Vanguard Group Inc. grew its stake in shares of DTE Energy by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 26,305,533 shares of the utilities provider’s stock valued at $3,392,888,000 after purchasing an additional 766,499 shares during the period. Millennium Management LLC grew its stake in shares of DTE Energy by 810.6% in the 3rd quarter. Millennium Management LLC now owns 833,595 shares of the utilities provider’s stock valued at $117,895,000 after purchasing an additional 742,056 shares during the period. Raymond James Financial Inc. grew its stake in shares of DTE Energy by 176.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,015,208 shares of the utilities provider’s stock valued at $134,474,000 after purchasing an additional 648,007 shares during the period. Ameriprise Financial Inc. grew its stake in shares of DTE Energy by 12.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 5,571,081 shares of the utilities provider’s stock valued at $788,004,000 after purchasing an additional 602,602 shares during the period. Finally, Capital World Investors grew its stake in shares of DTE Energy by 5.9% in the 3rd quarter. Capital World Investors now owns 9,851,237 shares of the utilities provider’s stock valued at $1,393,260,000 after purchasing an additional 552,346 shares during the period. 76.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. BMO Capital Markets lowered their price objective 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. Citigroup upped their price objective on DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Morgan Stanley lowered their price objective on DTE Energy from $156.00 to $155.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Weiss Ratings restated a “buy (b-)” rating on shares of DTE Energy in a research report on Wednesday, January 21st. Finally, Mizuho set a $165.00 price target on DTE Energy in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $156.92.

DTE Energy Stock Down 1.7%

NYSE DTE opened at $149.05 on Friday. The firm has a market cap of $31.01 billion, a PE ratio of 24.56, a price-to-earnings-growth ratio of 3.25 and a beta of 0.41. DTE Energy Company has a one year low of $126.23 and a one year high of $154.63. The stock’s 50 day simple moving average is $147.10 and its 200 day simple moving average is $139.33. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.80 and a quick ratio of 0.55.

DTE Energy (NYSE:DTE) last released its quarterly 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 business had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $4.37 billion. DTE Energy had a return on equity of 12.44% and a net margin of 7.65%.During the same quarter last year, the company earned $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. As a group, sell-side analysts forecast that DTE Energy Company will post 7.71 earnings per share for the current fiscal year.

DTE Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 16th were given a dividend of $1.165 per share. The ex-dividend date was Monday, March 16th. This represents a $4.66 dividend on an annualized basis and a yield of 3.1%. DTE Energy’s dividend payout ratio is 66.38%.

Trending Headlines about DTE Energy

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

• Positive Sentiment: Google/data?center deal could unlock multibillion?dollar investment and long?term growth — DTE said the Google agreement could drive roughly $5B of incremental investment through 2032 and the company is targeting 6%–8% EPS growth through 2030, supporting longer?term revenue and rate base expansion. DTE targets 6% to 8% EPS growth through 2030 as Google deal could drive ~$5B of incremental investment through 2032
• Positive Sentiment: Large data?center market opportunity — DTE estimates up to 8.4 GW of potential data?center load in its footprint, which could materially increase utility capital spending and regulated earnings if projects proceed. DTE sees up to 8.4 GW data center opportunity
• Positive Sentiment: Analysts see modest upside — the consensus price target (~$155.23) is above current trading, implying limited analyst upside if guidance and data?center wins materialize. DTE Energy Company (NYSE:DTE) Receives $155.23 Consensus Price Target from Analysts
• Neutral Sentiment: FY?2026 guidance remains essentially intact but slightly below consensus — DTE set FY26 EPS guidance of $7.59–$7.73 (near street), showing continued growth plans but little immediate upside surprise. Company also highlighted substantial Q1 utility investments and reliability gains in its press release. DTE Energy reports first quarter 2026 accomplishments, investments and financial results
• Neutral Sentiment: Market commentary rates the stock as a fairly valued utility — some analysts and outlets view DTE as a quality utility with reasonable valuation, which tempers dramatic moves absent clearer catalysts. DTE Energy Q1 Review: A Fairly Valued Quality Utility To Buy Now
• Negative Sentiment: Q1 earnings missed estimates and trading unit swung to a loss — DTE reported $1.95 EPS vs. $2.03 expected, with its energy?trading segment dragging results, which is pressuring near?term sentiment. DTE Energy misses quarterly profit estimates as energy trading unit swings loss
• Negative Sentiment: Regulatory and political pushback over rate request — DTE filed for a $474M rate increase; Michigan’s attorney general has publicly opposed it, raising regulatory risk and the prospect of reduced near?term rate relief. DTE ties 10% proposed rate hike to data center, reprieve pledge
• Negative Sentiment: Reputational/political costs — reports that DTE donated $1.8M to a group opposing a municipal takeover of its grid in Ann Arbor add PR and political risk that could influence regulatory proceedings. DTE pours $1.8M into group opposing public takeover of its power grid in Ann Arbor

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.