Lauer Trevor F sold $679K of DTB

European stocks rose 0.2% on Thursday, ending a three-session losing streak, as bond selloff eased. Soitec surged 10% after raising its 2027 revenue growth outlook to 50% YoY. Investors await U.S. economic data for Fed policy clues. Oil prices remained high, impacting markets. Deutsche Telekom and Sofina also saw gains.

DTE Energy reported Q2 2026 EPS of $1.32, exceeding estimates. The company is investing heavily in grid infrastructure, clean energy, and gas plants. Shares are at $135.86, with a YTD return of 4.22% and a 3-year return of 47.34%. Analysts note a potential undervaluation with a fair value estimate of $159.25, but risks include cost overruns and regulatory challenges.

Deutsche Telekom (XTRA:DTE) has seen a shift in analyst sentiment after a Zacks upgrade, with a 1-month share price return of 3.71% and a 5-year total shareholder return of 88.63%. The company is framed as undervalued at €28.52, with a narrative fair value of €37.41, driven by long-term earnings and cash flow expectations. Significant investment in fiber and 5G networks is expected to boost market share and margins. However, risks include weak returns on fiber spending and exposure to T-Mobile U

Michigan AG Nessel asked the MPSC to reduce DTE's $474M rate hike request by 71%, citing unjustified costs. DTE plans to pause further hikes until 2028 if data center projects are approved. The Citizens Utility Board opposes the hike, citing excessive profit margins. DTE argues the projects will benefit the grid and economy.

DTE Energy plans to build two new gas plants in Michigan, totaling 2,100 MW, as part of its strategy to replace retiring coal capacity. The company filed a notice with regulators, indicating it will seek approval for the projects. DTE had previously allocated $2.5 billion for one gas plant, but now plans two. Michigan produces little natural gas, so imports will likely increase.

The U.S. government is urging the 6th Circuit Court to uphold a $100 million penalty against DTE Energy Co. for Clean Air Act violations at a Michigan facility, according to a court filing.