DTE Energy (NYSE:DTE) Rating Increased to Hold at Wall Street Zen

Key Points

• Wall Street Zen upgraded DTE Energy from a "sell" to a "hold" rating in its latest report.
• Several brokers have raised price targets and ratings, leaving the stock with an average analyst rating of "Moderate Buy" and an average target price of $155.23.
• DTE beat quarterly EPS and revenue (EPS $1.65 vs. $1.52 expected) and set FY 2026 guidance of 7.590–7.730 EPS, roughly in line with the analyst consensus of 7.71.

DTE Energy (NYSE:DTE - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a report issued on Saturday.

DTE has been the subject of several other research reports. Citigroup boosted their price objective on DTE Energy from $158.00 to $168.00 and gave the company a "buy" rating in a report on Wednesday, February 18th. Barclays boosted their price objective on DTE Energy from $151.00 to $156.00 and gave the company an "equal weight" rating in a report on Tuesday, March 17th. Bank of America reissued a "buy" rating on shares of DTE Energy in a report on Wednesday. Mizuho boosted their price objective on DTE Energy from $144.00 to $155.00 and gave the company an "outperform" rating in a report on Wednesday, February 18th. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $160.00 price objective on shares of DTE Energy in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $155.23.

DTE Energy Stock Performance

Shares of DTE stock opened at $147.08 on Friday. The stock has a market cap of $30.60 billion, a PE ratio of 20.95, a price-to-earnings-growth ratio of 3.22 and a beta of 0.43. The business has a 50-day simple moving average of $146.76 and a 200-day simple moving average of $139.13. The company has a quick ratio of 0.55, a current ratio of 0.80 and a debt-to-equity ratio of 1.93. DTE Energy has a 52-week low of $126.23 and a 52-week high of $154.63.

DTE Energy (NYSE:DTE - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $4.43 billion during the quarter, compared to analysts' expectations of $3.39 billion. DTE Energy had a return on equity of 12.72% and a net margin of 9.24%.During the same quarter in the previous year, the firm posted $1.51 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, equities analysts expect that DTE Energy will post 7.71 EPS for the current year.

Hedge Funds Weigh In On DTE Energy

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of DTE Energy by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 26,305,533 shares of the utilities provider's stock valued at $3,392,888,000 after acquiring an additional 766,499 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of DTE Energy by 3.1% during the fourth quarter. Capital Research Global Investors now owns 12,447,948 shares of the utilities provider's stock valued at $1,605,539,000 after acquiring an additional 379,443 shares during the last quarter. State Street Corp raised its holdings in shares of DTE Energy by 2.5% during the fourth quarter. State Street Corp now owns 11,078,346 shares of the utilities provider's stock valued at $1,441,776,000 after acquiring an additional 272,068 shares during the last quarter. Capital World Investors raised its holdings in shares of DTE Energy by 5.9% during the third quarter. Capital World Investors now owns 9,851,237 shares of the utilities provider's stock valued at $1,393,260,000 after acquiring an additional 552,346 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of DTE Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 5,592,670 shares of the utilities provider's stock valued at $718,668,000 after acquiring an additional 117,322 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company's stock.

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.

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