DTE Energy Company (NYSE:DTE) Receives Average Rating of “Moderate Buy” from Analysts

Shares of DTE Energy Company (NYSE:DTE) have received an average rating of “Moderate Buy” from the fourteen analysts that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $156.25.

A number of equities analysts have recently commented on DTE shares. Weiss Ratings raised shares of DTE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 target price on shares of DTE Energy in a research report on Wednesday, April 8th. Citigroup boosted their target price on shares of DTE Energy from $158.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Bank of America reaffirmed a “buy” rating on shares of DTE Energy in a research report on Wednesday, April 22nd. Finally, Wall Street Zen lowered shares of DTE Energy from a “hold” rating to a “sell” rating in a research report on Sunday, May 3rd.

Insider Transactions at DTE Energy

In other DTE Energy news, VP Lisa A. Muschong sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $143.72, for a total value of $143,720.00. Following the completion of the sale, the vice president owned 6,233 shares in the company, valued at approximately $895,806.76. This trade represents a 13.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On DTE Energy

A number of hedge funds have recently made changes to their positions in DTE. Laurel Wealth Advisors LLC acquired a new position in shares of DTE Energy in the 4th quarter valued at $25,000. Quest 10 Wealth Builders Inc. raised its stake in shares of DTE Energy by 754.2% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock valued at $26,000 after buying an additional 181 shares in the last quarter. Torren Management LLC acquired a new position in shares of DTE Energy in the 4th quarter valued at $26,000. Cloud Capital Management LLC acquired a new position in shares of DTE Energy in the 3rd quarter valued at $28,000. Finally, Elyxium Wealth LLC acquired a new position in shares of DTE Energy in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

DTE Energy Trading Down 0.4%

NYSE:DTE opened at $142.82 on Friday. DTE Energy has a 12 month low of $126.23 and a 12 month high of $154.63. The firm has a market cap of $29.71 billion, a price-to-earnings ratio of 23.53, a P/E/G ratio of 3.13 and a beta of 0.41. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 2.04. The company’s 50 day moving average is $145.27 and its 200-day moving average is $139.84.

DTE Energy (NYSE:DTE) last released its quarterly earnings results on Thursday, April 30th. The utilities provider reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.03). DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. The firm had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the prior year, the business earned $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Equities analysts anticipate that DTE Energy will post 7.71 EPS for the current year.

DTE Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 22nd will be given a dividend of $1.165 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $4.66 dividend on an annualized basis and a yield of 3.3%. DTE Energy’s dividend payout ratio (DPR) is 76.77%.

Key Stories Impacting DTE Energy

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

• Positive Sentiment: DTE Energy and LG Energy Solution Vertech announced a supply agreement for 6 GWh of battery energy storage systems across eight Michigan projects, a major step that could improve grid reliability and expand DTE’s clean-energy footprint. Article Title
• Positive Sentiment: Multiple reports highlighted DTE’s $1.6 billion battery storage investment in Michigan, which could strengthen its infrastructure and position the utility to benefit from rising electricity demand. Article Title
• Positive Sentiment: Coverage also noted that data center demand, including OpenAI’s power needs, is increasing long-term growth opportunities for DTE as utilities with grid capacity and generation assets become more valuable. Article Title
• Neutral Sentiment: Analysts also pointed to DTE as a beneficiary of broader clean-energy and wind-power adoption, but this is more of an industry tailwind than a company-specific catalyst. Article Title
• Neutral Sentiment: Several local and market reports echoed the same battery-storage theme, reinforcing investor interest but adding little new beyond the initial partnership and spending announcement. Article Title

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.