RWC Asset Management 13F: Adds $1.6M to DTE Energy (DTE) Stake
Key Points
- RWC Asset Management lifted its position in DTE Energy Company by 12,912 shares to hold 63,278 shares valued at roughly $7.71 million.
- DTE Energy recently traded around $133.06, sitting near its 50-day moving average while analysts maintain a consensus buy rating.
- Company insiders, including officer Trevor Francis Lauer, have sold shares in recent months ahead of the upcoming November 5 earnings report.
Since the filing, $DTE is down 0.9% to date (from the $133.06 close on Oct 22, 2026).
Get DTE Energy Company text alerts
We text you when insiders, Congress, analysts or big funds move on $DTE.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated DTE Energy Company alert may contain errors. Disclosures
RWC Asset Management boosted its stake in DTE Energy Company (NYSE: DTE) during the third quarter, adding 12,912 shares to lift its total holdings by 25.6%. Disclosed in a Form 13F filing with the Securities and Exchange Commission on October 22, 2026, the fund's investment grew from 50,366 shares to 63,278 shares, with a reported value of $7,707,260.
DTE
DTE Energy Company
RWC Asset Management vs. the S&P 500
Hypothetical returns from RWC Asset Management's disclosed trades, not real profit or advice. How we model this.
What Changed in RWC Asset Management's DTE Position
The firm increased its exposure to the utility provider during the period, bringing its total share count to 63,278.
Other Institutional Activity in DTE Energy
Other large investors adjusted their positions in the utility provider as well. Ameriprise Financial, Inc. reduced its holdings by 143,751 shares, ending with 5,606,302 shares worth about $739,415,167. Meanwhile, Jupiter Topco LLC grew its stake by 1,566,136 shares, or 100.0%, bringing its total to 3,132,273 shares valued at about $413,115,484.
DTE Energy Company Stock Up 2.6%
DTE Energy shares recently traded near $133.06, sitting close to the 50-day moving average of $131.08. The stock trades below its 200-day moving average of $140.89 and sits between a 52-week low of $119.68 and a high of $155.75.
Recent Earnings
For the trailing twelve months, DTE Energy generated $16,465,000,448 in revenue with earnings of $6.31 per share. The company reported a net profit margin of 8.0% and a return on equity of 11.0%. The next quarterly earnings report is scheduled for November 5, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
2 target cuts vs 1 raises.
-
EPS & revenue
EPS missed estimates by 3.9%. Revenue beat estimates by 18.1%.
-
Profit surprise
EBITDA missed by 5 percent. Operating income missed by 25 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
1 target raise, 2 target cuts.
-
Earnings quality
Gross margin up 7.3 points. Operating margin down 6.0 points. Positive free cash flow.
Earnings Call Summary
DTE Energy had a strong first quarter with operating earnings of $1.95 per share, beating expectations on revenue by $789 million, though slightly missing on EPS. The company highlighted impressive storm response and reliability improvements over past three years, restoring 99 percent of customers within 48 hours during a severe March storm with 70 mile per hour winds. Management emphasized that Oracle data center is under construction with load ramping beginning by year-end 2026, and Google contract filed with regulators expecting approval by September, with potential to drive roughly $5 billion in additional capital investment through 2032.
Guidance DTE reaffirmed its 6 to 8 percent operating earnings per share growth for 2026, with confidence in reaching the high end through RNG tax credits. The company expects to achieve this growth through customer-focused utility investments and data center load growth. Google data center contract awaits Michigan PSC approval by September, which could provide upside beyond current guidance. The company aims to potentially pause electric rate case filings after current case if Oracle ramps on schedule and regulatory mechanisms are approved.
Very weak report. The release materially worsened the forward outlook.
Dividend
The company pays an annual dividend of $4.66 per share, giving it a dividend yield of 3.5%. The payout ratio stands at 72.7% of earnings.
Insider Buying and Selling at DTE Energy Company
Company insiders have completed several transactions over the past year. Officer Lisa A. Muschong sold 1,600 shares on August 14, 2025, at an average price of $140.53 for a total of $224,849, followed by another sale of 1,000 shares on May 14, 2026, at $143.72 per share totaling $143,720. Later, on September 1, 2026, officer Trevor Francis Lauer sold 5,000 shares at $135.71 for a total of $678,560.
Analysts Set New Price Targets
Wall Street firms have updated their outlooks on the stock ahead of upcoming results. On October 16, 2026, Barclays maintained its Equal-Weight rating with a $135 price target, down from its prior target of $154. On the same day, BMO Capital kept a Market Perform rating while raising its target to $139 from $134. Truist Securities maintained its Buy rating on October 16, adjusting its target to $150 from $160. Morgan Stanley kept an Overweight rating on October 21, lowering its target from $141 to $139. HSBC initiated coverage on October 22 with a Hold rating and a $135 price target. Overall, the stock carries a consensus buy rating and a mean price target of $148.57 across 15 analyst opinions.
About DTE Energy Company
DTE Energy Company operates regulated electric and natural gas utility services, primarily serving millions of residential, commercial, and industrial customers in southeastern Michigan. The company also manages non-utility energy businesses and trading operations.
Bottom Line
Investors will look toward the company's earnings release on November 5, 2026, for updated financial guidance. Institutional filings and analyst updates continue to shape market expectations for the utility provider as it moves through the final quarter of the year.
Related Filing Alerts
Source: RWC Asset Management's 13F filing on $DTE (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts