DTE Energy (NYSE:DTE) Stock Gets Downgrade from Wall Street Zen

Key Points

• Wall Street Zen downgraded DTE Energy from “hold” to “sell,” although the broader analyst consensus remains “Moderate Buy” with an average price target of $151.85.
• DTE Energy shares opened at $129.90, near the lower end of their 52-week range of $119.68 to $155.74. The company recently exceeded quarterly EPS estimates, reporting $1.32 versus the $1.14 consensus.
• Investor interest is supported by potential multiyear electricity demand from Oracle and Google data-center agreements, while institutional investors own about 76% of the company and an insider recently sold 5,000 shares.

DTE Energy (NYSE:DTE - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Monday, Wall Street Zen reports.

Other equities research analysts have also issued reports about the stock. BMO Capital Markets raised their price target on shares of DTE Energy from $134.00 to $139.00 and gave the company a "market perform" rating in a report on Friday. Mizuho cut their price objective on shares of DTE Energy from $152.00 to $136.00 and set an "outperform" rating on the stock in a report on Monday, September 28th. Jefferies Financial Group set a $172.00 price objective on shares of DTE Energy in a report on Thursday, July 9th. JPMorgan Chase & Co. upped their price objective on shares of DTE Energy from $155.00 to $162.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Finally, TD Cowen started coverage on DTE Energy in a research note on Tuesday, July 7th. They set a "hold" rating and a $166.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $151.85.

DTE Energy Stock Up 0.1%

NYSE DTE opened at $129.90 on Monday. The stock has a market cap of $27.03 billion, a PE ratio of 20.55, a P/E/G ratio of 2.56 and a beta of 0.36. DTE Energy has a fifty-two week low of $119.68 and a fifty-two week high of $155.74. The business has a 50 day moving average price of $131.64 and a two-hundred day moving average price of $141.23. The company has a quick ratio of 0.53, a current ratio of 0.80 and a debt-to-equity ratio of 2.13.

DTE Energy (NYSE:DTE - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.18. The company had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $3.36 billion. DTE Energy had a net margin of 8.00% and a return on equity of 12.19%. During the same quarter last year, the company earned $1.36 earnings per share. As a group, sell-side analysts predict that DTE Energy will post 7.70 EPS for the current fiscal year.

Insider Activity at DTE Energy

In related news, Vice Chairman Trevor Lauer sold 5,000 shares of DTE Energy stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $135.71, for a total value of $678,550.00. Following the completion of the transaction, the insider directly owned 73,122 shares in the company, valued at approximately $9,923,386.62. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.60% of the company's stock.

Institutional Trading of DTE Energy

Institutional investors and hedge funds have recently bought and sold shares of the company. Peddock Capital Advisors LLC grew its position in DTE Energy by 3.6% in the third quarter. Peddock Capital Advisors LLC now owns 11,747 shares of the utilities provider's stock worth $1,431,000 after buying an additional 410 shares during the last quarter. Cyndeo Wealth Partners LLC grew its holdings in shares of DTE Energy by 0.6% during the third quarter. Cyndeo Wealth Partners LLC now owns 73,841 shares of the utilities provider's stock valued at $8,994,000 after buying an additional 454 shares in the last quarter. Aspiriant LLC acquired a new position in shares of DTE Energy in the 3rd quarter valued at about $257,000. Summit Financial Consulting LLC increased its stake in DTE Energy by 12.5% in the 3rd quarter. Summit Financial Consulting LLC now owns 2,740 shares of the utilities provider's stock valued at $334,000 after buying an additional 304 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in shares of DTE Energy by 8.0% in the third quarter. V Square Quantitative Management LLC now owns 4,686 shares of the utilities provider's stock worth $571,000 after acquiring an additional 349 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company's stock.

Key DTE Energy News

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

• Positive Sentiment: BMO Capital raised its price target for DTE Energy to $139 from $134, signaling greater confidence in the utility’s valuation and outlook. BMO Capital Adjusts Price Target on DTE Energy
• Positive Sentiment: KeyCorp increased its fourth-quarter 2026 EPS forecast to $2.31 from $2.09. The estimate increase supports expectations that DTE could outperform its full-year consensus EPS forecast of $7.70. KeyCorp DTE Energy Earnings Estimate Update
• Positive Sentiment: DTE’s agreements involving Oracle and Google data-center power demand are attracting investor attention. The contracts could provide a multiyear source of electricity demand and earnings growth as artificial-intelligence infrastructure expands. DTE Energy and Rising Data-Center Power Demand
• Neutral Sentiment: Truist lowered its price target to $150 from $160, but maintained a Buy rating. The revised target still implies approximately 15.5% upside from the referenced $129.90 share price, making the note mixed but still supportive. Truist Adjusts DTE Energy Price Target
• Neutral Sentiment: DTE Energy will release third-quarter 2026 results before the market opens on November 5, followed by a 9:00 a.m. conference call. Investors may remain cautious ahead of the report, which could provide the next major catalyst. DTE Energy Schedules Third-Quarter 2026 Earnings Release

DTE Energy Company Profile

DTE Energy Co is a Detroit-based energy holding company that operates through regulated utility businesses and other energy-related activities. Its principal subsidiaries are DTE Electric and DTE Gas, which provide electricity and natural gas to residential, commercial and industrial customers across southeastern Michigan.

DTE Electric generates, transmits and distributes electricity, while DTE Gas transports and distributes natural gas through an extensive pipeline network. The company is also involved in renewable energy, energy services, natural gas storage and pipeline operations, and other nonutility activities designed to support the broader energy system.

DTE Energy traces its roots to the Detroit Edison Company, which was established in 1903 to serve the Detroit area.

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