DTE Energy (NYSE:DTE) Upgraded at Truist Financial

Truist Financial upgraded shares of DTE Energy (NYSE:DTE) to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

Several other equities research analysts also recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price target on shares of DTE Energy in a report on Wednesday, April 8th. BMO Capital Markets cut their price target on DTE Energy from $157.00 to $148.00 and set a “market perform” rating for the company in a report on Thursday, March 26th. Wall Street Zen downgraded DTE Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Barclays raised their price target on DTE Energy from $151.00 to $156.00 and gave the company an “equal weight” rating in a report on Tuesday, March 17th. Finally, Morgan Stanley cut their price target on DTE Energy from $156.00 to $155.00 and set an “overweight” rating for the company in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $155.23.

DTE Energy Trading Up 0.0%

Shares of DTE Energy stock opened at $143.54 on Monday. The business has a fifty day simple moving average of $146.58 and a two-hundred day simple moving average of $139.04. DTE Energy has a 1 year low of $126.23 and a 1 year high of $154.63. The company has a market capitalization of $29.86 billion, a price-to-earnings ratio of 20.45, a P/E/G ratio of 2.64 and a beta of 0.43. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.80 and a quick ratio of 0.55.

DTE Energy (NYSE:DTE) last announced its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.13. DTE Energy had a return on equity of 12.72% and a net margin of 9.24%.The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $3.39 billion. During the same quarter last year, the firm posted $1.51 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Research analysts forecast that DTE Energy will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 16th were given a $1.165 dividend. The ex-dividend date was Monday, March 16th. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.2%. DTE Energy’s dividend payout ratio (DPR) is presently 66.38%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DTE. Laurel Wealth Advisors LLC bought a new position in shares of DTE Energy in the fourth quarter worth $25,000. Quest 10 Wealth Builders Inc. increased its position in shares of DTE Energy by 754.2% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 181 shares during the period. Torren Management LLC bought a new position in shares of DTE Energy in the fourth quarter worth $26,000. Clean Yield Group bought a new position in shares of DTE Energy in the third quarter worth $28,000. Finally, Cloud Capital Management LLC bought a new position in shares of DTE Energy in the third quarter worth $28,000. 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: Truist Securities initiated coverage of DTE with a buy recommendation — analyst attention and a buy rating can lift sentiment for the equity. Truist Securities initiates coverage of DTE Energy (DTE) with buy recommendation
• Positive Sentiment: Truist/other outlets report DTE was upgraded to “strong-buy,” which supports near-term upside as fund managers and retail investors react to the upgraded view. TickerReport: Truist upgrade / strong-buy
• Positive Sentiment: Truist initiated coverage on several DTE corporate bonds (DTK) with buy recommendations — improves perceived credit quality and could lower borrowing-cost concerns. Truist initiates coverage of DTK bond with buy
• Positive Sentiment: Additional Truist buy initiations on DTE bonds (DTG, DTB, DTW) reinforce the credit-positive message across the company’s debt profile. Truist initiates coverage of DTG bond with buy
• Neutral Sentiment: Market previews and coverage ahead of upcoming results keep focus on DTE’s guidance and utility fundamentals; these previews themselves are watchpoints but not immediate catalysts. Earnings Preview: What to Expect From DTE Energy’s Report
• Negative Sentiment: An Ingersoll Township planning commission denied a permit for a DTE solar park (6-1 vote); DTE says it has options, but the decision could delay project timelines and add permitting risk to the renewables pipeline. DTE Energy has options after planning commission rejects solar farm

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.