DTE Energy Stock Gets Stronger EPS Estimate from KeyCorp

Key Points

• KeyCorp raised its Q4 2026 EPS estimate for DTE Energy to $2.31 from $2.09, while the full-year consensus estimate stands at $7.70 per share.
• Analyst sentiment remains positive overall, with DTE carrying a “Moderate Buy” consensus rating and an average price target of $154.54.
• DTE shares opened at $128.19, below their 50-day and 200-day moving averages, while the company’s latest quarterly earnings of $1.32 per share exceeded expectations by $0.18.

DTE Energy Company (NYSE:DTE - Free Report) - Stock analysts at KeyCorp increased their Q4 2026 earnings estimates for DTE Energy in a research note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings of $2.31 per share for the quarter, up from their prior estimate of $2.09. The consensus estimate for DTE Energy's current full-year earnings is $7.70 per share.

DTE has been the topic of a number of other research reports. TD Cowen assumed coverage on DTE Energy in a report on Tuesday, July 7th. They issued a "hold" rating and a $166.00 price target on the stock. BMO Capital Markets raised their price objective on DTE Energy from $132.00 to $134.00 and gave the company a "market perform" rating in a research note on Monday, October 5th. Wall Street Zen raised DTE Energy from a "sell" rating to a "hold" rating in a report on Sunday. Weiss Ratings downgraded DTE Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, September 25th. Finally, Mizuho decreased their target price on DTE Energy from $152.00 to $136.00 and set an "outperform" rating on the stock in a research report on Monday, September 28th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, DTE Energy presently has an average rating of "Moderate Buy" and a consensus price target of $154.54.

DTE Energy Price Performance

DTE stock opened at $128.19 on Thursday. The firm has a 50 day moving average of $132.07 and a 200-day moving average of $141.45. DTE Energy has a 12-month low of $119.68 and a 12-month high of $155.74. The company has a current ratio of 0.80, a quick ratio of 0.53 and a debt-to-equity ratio of 2.13. The company has a market cap of $26.68 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 2.53 and a beta of 0.36.

DTE Energy (NYSE:DTE - Get Free Report) last issued its earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.18. DTE Energy had a net margin of 8.00% and a return on equity of 12.19%. The company had revenue of $6.74 billion for the quarter, compared to analyst estimates of $3.36 billion. During the same period in the prior year, the business posted $1.36 earnings per share.

Insider Activity

In related news, Vice Chairman Trevor Lauer sold 5,000 shares of DTE Energy stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $135.71, for a total transaction of $678,550.00. Following the completion of the transaction, the insider directly owned 73,122 shares in the company, valued at $9,923,386.62. The trade was a 6.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On DTE Energy

A number of institutional investors have recently made changes to their positions in DTE. Key Financial Inc acquired a new stake in shares of DTE Energy in the first quarter worth $29,000. First Bancorp Inc ME purchased a new position in shares of DTE Energy in the 2nd quarter valued at $29,000. Community Bank N.A. acquired a new position in shares of DTE Energy during the 2nd quarter valued at $31,000. Elevation Wealth Partners LLC lifted its holdings in shares of DTE Energy by 682.4% during the 3rd quarter. Elevation Wealth Partners LLC now owns 266 shares of the utilities provider's stock valued at $32,000 after acquiring an additional 232 shares in the last quarter. Finally, SHP Wealth Management acquired a new position in shares of DTE Energy during the 4th quarter valued at $35,000. 76.06% of the stock is owned by institutional investors and hedge funds.

About DTE Energy

DTE Energy Company is a diversified energy company headquartered in Detroit, Michigan. Through its regulated utility operations, the company generates, transmits and distributes electricity and purchases, stores, transports and distributes natural gas. Its utility services primarily support residential, commercial and industrial customers across southeastern Michigan.

DTE Energy also operates businesses involved in energy-related products and services, including renewable energy, energy management, power and industrial projects, and other nonutility activities.

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