DTE Energy Company (NYSE:DTE) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of DTE Energy Company (NYSE:DTE) have been given an average recommendation of “Moderate Buy” by the fifteen ratings firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $151.3077.

DTE has been the subject of a number of analyst reports. Jefferies Financial Group increased their target price on DTE Energy from $150.00 to $153.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Barclays decreased their price target on DTE Energy from $148.00 to $141.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Mizuho increased their price objective on DTE Energy from $144.00 to $155.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Citigroup raised their target price on DTE Energy from $158.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Finally, Argus upgraded shares of DTE Energy to a “strong-buy” rating in a research report on Thursday, February 26th.

DTE Energy Stock Performance

NYSE:DTE opened at $150.28 on Monday. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.80 and a quick ratio of 0.55. The firm has a market cap of $31.23 billion, a price-to-earnings ratio of 21.41, a price-to-earnings-growth ratio of 2.76 and a beta of 0.47. The firm’s fifty day moving average price is $137.79 and its 200 day moving average price is $136.86. DTE Energy has a 1-year low of $123.69 and a 1-year high of $154.63.

DTE Energy (NYSE:DTE) last announced its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.13. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. The company had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $3.39 billion. During the same quarter in the prior year, the firm earned $1.51 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, sell-side analysts expect that DTE Energy will post 7.18 EPS for the current year.

DTE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 16th will be paid a $1.165 dividend. The ex-dividend date is Monday, March 16th. This represents a $4.66 annualized dividend and a dividend yield of 3.1%. DTE Energy’s dividend payout ratio (DPR) is 66.38%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DTE. AE Wealth Management LLC boosted its position in DTE Energy by 5.0% during the third quarter. AE Wealth Management LLC now owns 118,521 shares of the utilities provider’s stock worth $16,762,000 after purchasing an additional 5,658 shares in the last quarter. CWM LLC increased its position in shares of DTE Energy by 50.5% in the third quarter. CWM LLC now owns 35,893 shares of the utilities provider’s stock valued at $5,076,000 after buying an additional 12,045 shares in the last quarter. Wedge Capital Management L L P NC purchased a new position in shares of DTE Energy in the third quarter valued at $16,723,000. Bogart Wealth LLC boosted its position in shares of DTE Energy by 49,181.8% in the 3rd quarter. Bogart Wealth LLC now owns 54,210 shares of the utilities provider’s stock worth $7,667,000 after buying an additional 54,100 shares in the last quarter. Finally, Hudson Bay Capital Management LP purchased a new stake in shares of DTE Energy in the 2nd quarter worth about $15,277,000. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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.