GoalVest Advisory LLC Purchases 8,655 Shares of DTE Energy Company $DTE

GoalVest Advisory LLC lifted its position in DTE Energy Company (NYSE:DTE) by 5,969.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,800 shares of the utilities provider’s stock after buying an additional 8,655 shares during the quarter. GoalVest Advisory LLC’s holdings in DTE Energy were worth $1,135,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Salomon & Ludwin LLC raised its holdings in DTE Energy by 29.8% in the 3rd quarter. Salomon & Ludwin LLC now owns 305 shares of the utilities provider’s stock worth $43,000 after acquiring an additional 70 shares during the period. SJS Investment Consulting Inc. grew its position in shares of DTE Energy by 2.0% in the third quarter. SJS Investment Consulting Inc. now owns 3,738 shares of the utilities provider’s stock valued at $529,000 after purchasing an additional 73 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of DTE Energy by 1.4% in the third quarter. Concurrent Investment Advisors LLC now owns 5,451 shares of the utilities provider’s stock valued at $771,000 after purchasing an additional 75 shares during the last quarter. D.A. Davidson & CO. increased its stake in shares of DTE Energy by 1.6% in the third quarter. D.A. Davidson & CO. now owns 4,871 shares of the utilities provider’s stock worth $689,000 after purchasing an additional 78 shares during the period. Finally, Keybank National Association OH increased its stake in shares of DTE Energy by 1.8% in the third quarter. Keybank National Association OH now owns 4,606 shares of the utilities provider’s stock worth $651,000 after purchasing an additional 81 shares during the period. 76.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

DTE has been the topic of several research analyst reports. UBS Group lowered their price objective on shares of DTE Energy from $155.00 to $151.00 and set a “buy” rating on the stock in a research note on Wednesday, December 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $153.00 price objective on shares of DTE Energy in a report on Friday, February 20th. Barclays increased their price objective on DTE Energy from $151.00 to $156.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Citigroup lifted their price objective on DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Finally, Argus upgraded shares of DTE Energy to a “strong-buy” rating in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, DTE Energy presently has an average rating of “Moderate Buy” and an average price target of $152.46.

DTE Energy Trading Up 0.1%

DTE stock opened at $147.11 on Friday. The business has a fifty day moving average price of $141.16 and a 200 day moving average price of $137.50. 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 Company has a fifty-two week low of $123.69 and a fifty-two week high of $154.63. The stock has a market capitalization of $30.60 billion, a price-to-earnings ratio of 20.96, a P/E/G ratio of 2.70 and a beta of 0.47.

DTE Energy (NYSE:DTE) last announced its earnings results on Tuesday, February 17th. The utilities provider reported $1.65 EPS for the quarter, topping 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 company had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $3.39 billion. During the same quarter in the prior year, the business earned $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 EPS for the current fiscal year.

DTE Energy Dividend Announcement

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

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.