Recent Analysts’ Ratings Changes for DTE Energy (DTE)

A number of research firms have changed their ratings and price targets for DTE Energy (NYSE: DTE):

• 2/21/2025 – DTE Energy was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 2/20/2025 – DTE Energy was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $135.00 price target on the stock, down previously from $137.00.
• 2/18/2025 – DTE Energy had its price target raised by analysts at BMO Capital Markets from $125.00 to $135.00. They now have a “market perform” rating on the stock.
• 2/13/2025 – DTE Energy was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/24/2025 – DTE Energy was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/23/2025 – DTE Energy was upgraded by analysts at Guggenheim from a “neutral” rating to a “buy” rating.
• 1/16/2025 – DTE Energy was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

DTE Energy Stock Up 0.3 %

DTE opened at $132.33 on Tuesday. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.46 and a current ratio of 0.71. DTE Energy has a fifty-two week low of $103.06 and a fifty-two week high of $133.45. The firm’s fifty day moving average is $122.37 and its 200 day moving average is $123.50. The stock has a market cap of $27.42 billion, a price-to-earnings ratio of 19.55, a price-to-earnings-growth ratio of 2.41 and a beta of 0.68.

DTE Energy (NYSE:DTE) last released its earnings results on Thursday, February 13th. The utilities provider reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.01. DTE Energy had a net margin of 11.27% and a return on equity of 12.42%. On average, sell-side analysts forecast that DTE Energy will post 7.18 earnings per share for the current fiscal year.

DTE Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 17th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Monday, March 17th. DTE Energy’s payout ratio is currently 64.40%.

Insiders Place Their Bets

In other DTE Energy news, CAO Tracy J. Myrick sold 1,014 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $129.92, for a total value of $131,738.88. Following the sale, the chief accounting officer now owns 3,437 shares in the company, valued at $446,535.04. The trade was a 22.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Matthew T. Paul sold 3,801 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $129.56, for a total transaction of $492,457.56. Following the completion of the sale, the chief operating officer now owns 6,951 shares in the company, valued at approximately $900,571.56. The trade was a 35.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company’s stock.

Institutional Trading of DTE Energy

Several hedge funds have recently bought and sold shares of DTE. Legacy Investment Solutions LLC purchased a new stake in shares of DTE Energy during the 3rd quarter valued at about $30,000. Prospera Private Wealth LLC purchased a new stake in shares of DTE Energy during the 3rd quarter valued at about $35,000. Ashton Thomas Securities LLC purchased a new stake in shares of DTE Energy during the 3rd quarter valued at about $35,000. Versant Capital Management Inc raised its position in shares of DTE Energy by 890.0% during the 4th quarter. Versant Capital Management Inc now owns 297 shares of the utilities provider’s stock valued at $36,000 after buying an additional 267 shares in the last quarter. Finally, Coastline Trust Co purchased a new stake in shares of DTE Energy during the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.