DTE Energy (NYSE:DTE) Cut to “Sell” at Wall Street Zen

DTE Energy (NYSE:DTE) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Several other brokerages have also weighed in on DTE. BMO Capital Markets raised their price objective on shares of DTE Energy from $140.00 to $144.00 and gave the company a “market perform” rating in a research report on Monday, August 25th. Weiss Ratings restated a “buy (b-)” rating on shares of DTE Energy in a research note on Wednesday, October 8th. Barclays lifted their price objective on shares of DTE Energy from $138.00 to $148.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 14th. UBS Group decreased their price objective on shares of DTE Energy from $155.00 to $151.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Jefferies Financial Group upgraded DTE Energy from a “hold” rating to a “buy” rating and raised 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 given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $148.00.

DTE Energy Price Performance

DTE opened at $127.68 on Friday. The stock has a market cap of $26.52 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 2.55 and a beta of 0.47. DTE Energy has a 1 year low of $116.30 and a 1 year 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 stock has a fifty day moving average price of $136.00 and a 200 day moving average price of $136.28.

DTE Energy (NYSE:DTE) last issued its earnings results on Thursday, October 30th. The utilities provider reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.15. DTE Energy had a return on equity of 12.63% and a net margin of 9.34%.The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.23 billion. During the same period in the prior year, the firm posted $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. Analysts forecast that DTE Energy will post 7.18 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd acquired a new position in shares of DTE Energy during the first quarter worth about $567,000. Nordea Investment Management AB raised its position in DTE Energy by 5.3% in the 2nd quarter. Nordea Investment Management AB now owns 208,818 shares of the utilities provider’s stock valued at $27,470,000 after buying an additional 10,586 shares during the last quarter. Laurel Wealth Advisors LLC lifted its stake in DTE Energy by 13,146.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 25,830 shares of the utilities provider’s stock valued at $3,421,000 after acquiring an additional 25,635 shares in the last quarter. USA Financial Formulas acquired a new position in DTE Energy during the 2nd quarter worth approximately $912,000. Finally, Nomura Asset Management Co. Ltd. boosted its position in DTE Energy by 5.2% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 70,033 shares of the utilities provider’s stock worth $9,277,000 after acquiring an additional 3,457 shares during the last quarter. Institutional investors own 76.06% of the company’s stock.

Key Headlines Impacting DTE Energy

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

• Positive Sentiment: MPSC approved DTE’s contract to supply power for the massive Saline Township data‑center project — this secures a large, long‑duration load that should increase regulated revenues and capacity utilization if the project proceeds. Michigan Public Service Commission approves DTE contract for Saline Township data center project
• Neutral Sentiment: The Public Service Commission’s approval carries conditions (“strings attached”) that could affect the timing, cost recovery or contractual terms — this tempers the upside until compliance details and any required mitigation are clear. Public Service Commission approves DTE data center contracts – with strings attached
• Neutral Sentiment: JPMorgan updated models for North American utilities including DTE — analyst model changes can shift near‑term sentiment but are not a direct operational event; watch for specific rating or target changes. JPMorgan updates models for North American utilities group, including DTE Energy (DTE)
• Neutral Sentiment: Recent analyses comparing DTE to peers provide context on valuation and regulated exposure; useful for investors but unlikely to drive an immediate directional move. How Is DTE Energy Stock Performance Compared to Other Utilities – Regulated Electric Stocks?
• Negative Sentiment: DTE established a $1.5 billion equity distribution agreement — this gives the company the ability to issue shares, which can be dilutive and often weighs on the stock unless tied to clear value‑creating uses (M&A, financing at attractive rates, etc.). DTE Energy Establishes $1.5 Billion Equity Distribution Program
• Negative Sentiment: A rural Michigan township rejected a DTE solar proposal — a localized setback for DTE’s renewables expansion that highlights permitting/community risk for certain projects. Rural Michigan township rejects DTE solar energy proposal for 3 square miles

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.