Procyon Advisors Buys Stake in DTE Energy

Firm acquires over 8,000 shares of Michigan utility provider

Mar. 24, 2026 at 9:38am

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Procyon Advisors LLC, an investment management firm, has purchased a new stake in DTE Energy Company (NYSE: DTE), a Detroit-based utility provider, according to a recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,288 shares of DTE Energy's stock, valued at approximately $1.069 million.

Why it matters

This investment by Procyon Advisors reflects institutional interest in DTE Energy, a major electric and natural gas utility serving Michigan. DTE Energy has been focused on upgrading its energy infrastructure and ensuring reliable service for its customers, which is important as the company navigates regulatory requirements in its service territory.

The details

Procyon Advisors purchased the 8,288 shares of DTE Energy in the fourth quarter of 2025. DTE Energy's stock has traded between $123.69 and $154.63 over the past 12 months, closing at $142.20 on Tuesday. Several other institutional investors and hedge funds have also bought and sold DTE Energy shares in recent quarters.

  • Procyon Advisors acquired the DTE Energy shares in the fourth quarter of 2025.
  • DTE Energy's stock has traded between $123.69 and $154.63 over the past 12 months.

The players

Procyon Advisors LLC

An investment management firm that purchased a new stake in DTE Energy Company.

DTE Energy Company

A Detroit-based utility provider that delivers electricity and natural gas to customers in Michigan.

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The takeaway

This investment by Procyon Advisors underscores the institutional interest in DTE Energy, a major Michigan utility focused on infrastructure upgrades and reliable service delivery. As the company navigates regulatory requirements, its stock continues to be a target for investors seeking exposure to the utility sector.