DTE Energy Company (NYSE:DTE) Given Average Recommendation of “Moderate Buy” by Brokerages

DTE Energy Company (NYSE:DTE) has been given an average recommendation of “Moderate Buy” by the fourteen ratings firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $156.6667.

A number of brokerages have recently weighed in on DTE. Truist Financial lowered their price target on DTE Energy from $165.00 to $158.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Mizuho set a $165.00 target price on DTE Energy in a research note on Friday, May 1st. Barclays lowered their target price on DTE Energy from $156.00 to $154.00 and set an “equal weight” rating on the stock in a research note on Monday, May 4th. Citigroup boosted their target price on DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Finally, Morgan Stanley set a $146.00 target price on DTE Energy in a research note on Thursday, May 21st.

DTE Energy Stock Performance

Shares of DTE stock opened at $148.90 on Wednesday. DTE Energy has a 1-year low of $126.23 and a 1-year high of $154.63. The company has a current ratio of 0.95, a quick ratio of 0.69 and a debt-to-equity ratio of 2.04. The company has a market capitalization of $30.98 billion, a price-to-earnings ratio of 24.53, a P/E/G ratio of 3.23 and a beta of 0.39. The stock’s fifty day simple moving average is $145.20 and its 200-day simple moving average is $140.51.

DTE Energy (NYSE:DTE) last issued its quarterly earnings results on Thursday, April 30th. The utilities provider reported $1.95 earnings per share 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 business had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same quarter in the prior year, the firm posted $2.10 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, sell-side analysts predict that DTE Energy will post 7.71 earnings per share for the current fiscal year.

DTE Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 22nd will be paid a $1.165 dividend. The ex-dividend date is Monday, June 22nd. This represents a $4.66 dividend on an annualized basis and a yield of 3.1%. DTE Energy’s payout ratio is 76.77%.

Insider Buying and Selling

In other DTE Energy news, VP Lisa A. Muschong sold 1,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $143.72, for a total value of $143,720.00. Following the transaction, the vice president owned 6,233 shares in the company, valued at $895,806.76. The trade was a 13.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of DTE Energy in the fourth quarter worth about $25,000. Key Financial Inc bought a new stake in shares of DTE Energy during the 1st quarter worth about $29,000. Torren Management LLC bought a new stake in shares of DTE Energy during the 4th quarter worth about $26,000. Quest 10 Wealth Builders Inc. boosted its stake in shares of DTE Energy by 754.2% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 181 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new stake in shares of DTE Energy during the 4th quarter worth about $29,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

Key Stories Impacting DTE Energy

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

• Positive Sentiment: The U.S. Department of Energy finalized a $1.6 billion loan to DTE Energy to modernize Michigan natural gas infrastructure, a move that could improve reliability, reduce customer costs, and support future earnings growth. Article Title
• Positive Sentiment: 24/7 Wall St. highlighted DTE as a potential AI infrastructure beneficiary, citing hyperscaler data-center demand, an expanded capital plan, and a favorable Michigan regulatory backdrop; the firm also set a price target implying meaningful upside. Article Title
• Neutral Sentiment: One report questioned whether DTE Energy has underperformed the Nasdaq over the past year, though it also noted that analysts still see upside potential. Article Title
• Neutral Sentiment: Coverage on Michigan energy leaders discussing the state’s future after the DOE loan added context, but did not appear to materially change the investment thesis. 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.