BMO Capital Markets Has Lowered Expectations for DTE Energy (NYSE:DTE) Stock Price

DTE Energy (NYSE:DTE) had its price target lowered by research analysts at BMO Capital Markets from $151.00 to $148.00 in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. The brokerage presently has a “market perform” rating on the utilities provider’s stock. BMO Capital Markets’ target price would suggest a potential upside of 14.92% from the company’s current price.

A number of other research firms also recently commented on DTE. Wall Street Zen downgraded shares of DTE Energy from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Scotiabank cut their price target on DTE Energy from $147.00 to $146.00 and set a “sector perform” rating for the company in a research note on Friday, October 31st. Morgan Stanley set a $138.00 price objective on shares of DTE Energy in a research note on Tuesday, December 16th. Wells Fargo & Company upgraded shares of DTE Energy to a “strong-buy” rating in a research report on Tuesday, October 28th. Finally, Jefferies Financial Group raised shares of DTE Energy from a “hold” rating to a “buy” rating and upped their target price for the company from $149.00 to $150.00 in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $148.33.

DTE Energy Stock Up 0.2%

DTE opened at $128.79 on Wednesday. DTE Energy has a 12 month low of $116.30 and a 12 month high of $143.79. The company has a current ratio of 1.15, a quick ratio of 0.68 and a debt-to-equity ratio of 2.01. The business’s 50-day moving average price is $134.97 and its 200-day moving average price is $136.13. The company has a market cap of $26.75 billion, a P/E ratio of 19.34, a P/E/G ratio of 2.52 and a beta of 0.47.

DTE Energy (NYSE:DTE) last announced its quarterly earnings results on Thursday, October 30th. The utilities provider reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.15. DTE Energy had a net margin of 9.34% and a return on equity of 12.63%. The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same quarter last year, the firm earned $2.22 EPS. DTE Energy has set its FY 2025 guidance at 7.090-7.230 EPS and its FY 2026 guidance at 7.590-7.730 EPS. On average, equities analysts expect that DTE Energy will post 7.18 EPS for the current year.

Institutional Trading of DTE Energy

A number of large investors have recently added to or reduced their stakes in the company. Quintet Private Bank Europe S.A. bought a new stake in DTE Energy during the 2nd quarter valued at $25,000. Global Wealth Strategies & Associates acquired a new position in shares of DTE Energy in the third quarter valued at about $28,000. Clean Yield Group acquired a new position in DTE Energy during the third quarter valued at $28,000. Cloud Capital Management LLC acquired a new stake in DTE Energy during the third quarter worth about $28,000. Finally, Capital A Wealth Management LLC increased its holdings in shares of DTE Energy by 5,775.0% during the 2nd quarter. Capital A Wealth Management LLC now owns 235 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 231 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

Key DTE Energy News

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

• Positive Sentiment: DTE received a consensus “Moderate Buy” from brokerages, indicating analyst support that can underwrite upside. DTE Energy Company (NYSE:DTE) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Positive Sentiment: Local community efforts — volunteers delivered 5,500 meals to Detroit-area seniors over Christmas — positive PR for DTE given its regional footprint and reputation benefits. Volunteers delivering 5,500 meals to Detroit-area seniors on Christmas morning
• Neutral Sentiment: BMO Capital reiterated a “market perform” rating on DTE stock, leaving its view unchanged on relative performance versus peers. BMO Capital maintains DTE Energy (DTE) market perform recommendation
• Neutral Sentiment: BMO also maintained a “market perform” on DTE’s corporate bond (DTB), signaling steady credit view but no upgrade. BMO Capital maintains DTE Energy Company – Corporate Bond (DTB) market perform recommendation
• Neutral Sentiment: Analyst surveys show a generally neutral stance on utilities including DTE, reinforcing that market moves may be modest absent major catalysts. Analysts Are Neutral on These Utilities Stocks: DTE Energy (DTE), Dominion Energy (D)
• Neutral Sentiment: Coverage summarizing DTE’s recent earnings and sector trends provides context but doesn’t add a new catalyst. DTE Energy (NYSE:DTE) Reports Earnings Amid Utilities Sector Trends
• Negative Sentiment: BMO lowered its price target on DTE from $151 to $148 while keeping the market-perform rating — a modest downward revision that could cap near-term upside. DTE Energy price target lowered to $148 from $151 at BMO Capital

About DTE Energy

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.