Wall Street Zen Upgrades DTE Energy (NYSE:DTE) to Hold

DTE Energy (NYSE:DTE) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other equities analysts also recently weighed in on DTE. Morgan Stanley set a $138.00 price target on shares of DTE Energy in a report on Tuesday, December 16th. Scotiabank lowered their price objective on shares of DTE Energy from $147.00 to $146.00 and set a “sector perform” rating on the stock in a research report on Friday, October 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of DTE Energy in a research report on Wednesday, October 8th. Jefferies Financial Group upgraded shares of DTE Energy from a “hold” rating to a “buy” rating and raised their price target for the stock from $149.00 to $150.00 in a research note on Thursday, December 11th. Finally, Wells Fargo & Company upgraded DTE Energy to a “strong-buy” rating in a research note on Tuesday, October 28th. One 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 company. According to data from MarketBeat, DTE Energy presently has an average rating of “Moderate Buy” and an average target price of $148.33.

DTE Energy Price Performance

Shares of NYSE DTE opened at $129.90 on Friday. The company has a market capitalization of $26.98 billion, a PE ratio of 19.50, a PEG ratio of 2.38 and a beta of 0.49. The company has a quick ratio of 0.68, a current ratio of 1.15 and a debt-to-equity ratio of 2.01. The stock’s 50 day moving average price is $132.49 and its 200-day moving average price is $135.87. DTE Energy has a twelve month low of $116.30 and a twelve month high of $143.79.

DTE Energy (NYSE:DTE) last issued its quarterly earnings results on Thursday, October 30th. The utilities provider reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.15. The company had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.23 billion. DTE Energy had a return on equity of 12.63% and a net margin of 9.34%.During the same period last year, the business posted $2.22 earnings per share. 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 anticipate that DTE Energy will post 7.18 EPS for the current year.

Institutional Trading of DTE Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in DTE. Capital Asset Advisory Services LLC grew its holdings in DTE Energy by 3.6% during the 4th quarter. Capital Asset Advisory Services LLC now owns 2,863 shares of the utilities provider’s stock valued at $372,000 after buying an additional 99 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of DTE Energy by 5,458.5% in the fourth quarter. SG Americas Securities LLC now owns 306,386 shares of the utilities provider’s stock worth $39,518,000 after buying an additional 300,874 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of DTE Energy by 10.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 6,427 shares of the utilities provider’s stock valued at $829,000 after acquiring an additional 610 shares during the period. GEM Asset Management LLC grew its stake in DTE Energy by 11.3% during the fourth quarter. GEM Asset Management LLC now owns 4,204 shares of the utilities provider’s stock valued at $539,000 after acquiring an additional 427 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in DTE Energy by 58.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 65,555 shares of the utilities provider’s stock valued at $8,525,000 after acquiring an additional 24,071 shares in the last quarter. 76.06% of the stock is currently owned by institutional investors.

DTE Energy News Summary

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

• Positive Sentiment: DTE announced a $15 million donation to three Michigan nonprofits to help families with winter heating bills, a community/ESG move that can bolster local goodwill and regulatory relationships. DTE Energy donates $15 million to help Michigan families stay safe and warm this winter
• Neutral Sentiment: DTE will begin charging a payment‑processing fee for card users starting in March, which is a modest revenue enhancement but could draw customer pushback; impact on earnings is likely small and gradual. DTE Energy to charge payment processing fees for card users
• Negative Sentiment: Michigan Attorney General Dana Nessel has asked the Michigan Public Service Commission for a rehearing of its conditional approval of DTE’s electricity contracts tied to a large Washtenaw County AI/data‑center project (Oracle/OpenAI ties reported). AG and advocates cite lack of public scrutiny and potential risks to ratepayers — this raises regulatory and legal uncertainty that could affect contract terms, cost recovery or timing. Nessel challenges MPSC approval of DTE’s data center electricity deal Nessel challenges fast-tracked DTE data center deal
• Negative Sentiment: Market commentary noted DTE underperformed peers on the day despite gains, signaling investor caution that the regulatory inquiry and other headwinds could curb upside relative to utilities peers. DTE Energy Co. stock underperforms Thursday when compared to competitors despite daily gains

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.