DTE Energy Company $DTE Stock Purchased by Krilogy Financial LLC

Krilogy Financial LLC lifted its holdings in shares of DTE Energy Company (NYSE:DTE) by 134.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,575 shares of the utilities provider’s stock after acquiring an additional 4,921 shares during the quarter. Krilogy Financial LLC’s holdings in DTE Energy were worth $1,098,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in DTE Energy in the second quarter valued at $3,915,284,000. Jupiter Topco LLC bought a new position in DTE Energy in the 2nd quarter worth $477,264,000. Janus Henderson Group PLC raised its holdings in DTE Energy by 1.3% in the 1st quarter. Janus Henderson Group PLC now owns 3,084,544 shares of the utilities provider’s stock worth $451,022,000 after purchasing an additional 40,346 shares in the last quarter. Bank of America Corp DE bought a new position in DTE Energy in the 2nd quarter worth $417,001,000. Finally, Soroban Capital Partners LP lifted its position in shares of DTE Energy by 2.0% in the 1st quarter. Soroban Capital Partners LP now owns 2,038,473 shares of the utilities provider’s stock worth $298,066,000 after purchasing an additional 39,963 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

Trending Headlines about DTE Energy

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

• Positive Sentiment: BMO Capital raised its price target for DTE Energy to $139 from $134, signaling greater confidence in the utility’s valuation and outlook. BMO Capital Adjusts Price Target on DTE Energy
• Positive Sentiment: KeyCorp increased its fourth-quarter 2026 EPS forecast to $2.31 from $2.09. The estimate increase supports expectations that DTE could outperform its full-year consensus EPS forecast of $7.70. KeyCorp DTE Energy Earnings Estimate Update
• Positive Sentiment: DTE’s agreements involving Oracle and Google data-center power demand are attracting investor attention. The contracts could provide a multiyear source of electricity demand and earnings growth as artificial-intelligence infrastructure expands. DTE Energy and Rising Data-Center Power Demand
• Neutral Sentiment: Truist lowered its price target to $150 from $160, but maintained a Buy rating. The revised target still implies approximately 15.5% upside from the referenced $129.90 share price, making the note mixed but still supportive. Truist Adjusts DTE Energy Price Target
• Neutral Sentiment: DTE Energy will release third-quarter 2026 results before the market opens on November 5, followed by a 9:00 a.m. conference call. Investors may remain cautious ahead of the report, which could provide the next major catalyst. DTE Energy Schedules Third-Quarter 2026 Earnings Release

Insider Buying and Selling

In other DTE Energy news, Vice Chairman Trevor Lauer sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $135.71, for a total value of $678,550.00. Following the sale, the insider owned 73,122 shares in the company, valued at approximately $9,923,386.62. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DTE shares. Weiss Ratings lowered shares of DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. Barclays reduced their price target on shares of DTE Energy from $154.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Friday. Mizuho decreased their price target on shares of DTE Energy from $152.00 to $136.00 and set an “outperform” rating for the company in a research note on Monday, September 28th. Jefferies Financial Group set a $172.00 price objective on shares of DTE Energy in a report on Thursday, July 9th. Finally, Truist Financial set a $139.00 price objective on shares of DTE Energy in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, DTE Energy currently has a consensus rating of “Moderate Buy” and an average target price of $151.85.

DTE Energy Stock Up 1.2%

Shares of DTE stock traded up $1.57 during mid-day trading on Friday, reaching $129.90. 2,104,253 shares of the company’s stock traded hands, compared to its average volume of 1,888,912. DTE Energy Company has a 12 month low of $119.68 and a 12 month high of $155.74. The company has a market cap of $27.03 billion, a P/E ratio of 20.55, a P/E/G ratio of 2.53 and a beta of 0.36. The company has a quick ratio of 0.53, a current ratio of 0.80 and a debt-to-equity ratio of 2.13. The company’s 50-day moving average price is $131.64 and its 200-day moving average price is $141.26.

DTE Energy (NYSE:DTE) last released its earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.18. The firm had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $3.36 billion. DTE Energy had a net margin of 8.00% and a return on equity of 12.19%. During the same period in the prior year, the firm earned $1.36 EPS. On average, equities analysts expect that DTE Energy Company will post 7.70 earnings per share for the current fiscal year.

DTE Energy Profile

DTE Energy Company is a diversified energy company headquartered in Detroit, Michigan. Through its regulated utility operations, the company generates, transmits and distributes electricity and purchases, stores, transports and distributes natural gas. Its utility services primarily support residential, commercial and industrial customers across southeastern Michigan.

DTE Energy also operates businesses involved in energy-related products and services, including renewable energy, energy management, power and industrial projects, and other nonutility activities.