DTE Energy Company (NYSE:DTE - Free Report) - Stock analysts at Zacks Research cut their Q3 2025 EPS estimates for shares of DTE Energy in a report released on Monday, September 8th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings of $2.13 per share for the quarter, down from their previous estimate of $2.15. The consensus estimate for DTE Energy's current full-year earnings is $7.18 per share. Zacks Research also issued estimates for DTE Energy's FY2025 earnings at $7.21 EPS, FY2026 earnings at $7.72 EPS and Q2 2027 earnings at $1.74 EPS.
DTE Energy (NYSE:DTE - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The utilities provider reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.37 by ($0.01). DTE Energy had a net margin of 10.16% and a return on equity of 12.72%. The company had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.67 billion.
Other research analysts have also issued reports about the company. BMO Capital Markets increased their price objective on DTE Energy from $140.00 to $144.00 and gave the stock a "market perform" rating in a research note on Monday, August 25th. JPMorgan Chase & Co. increased their target price on shares of DTE Energy from $145.00 to $147.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. Barclays boosted their price target on shares of DTE Energy from $136.00 to $138.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 15th. Citigroup reaffirmed a "buy" rating and set a $151.00 price objective (up previously from $142.00) on shares of DTE Energy in a report on Friday, May 23rd. Finally, Morgan Stanley set a $140.00 target price on shares of DTE Energy and gave the company an "overweight" rating in a research note on Thursday, August 21st. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $144.25.
Check Out Our Latest Analysis on DTE
DTE Energy Price Performance
DTE stock traded down $0.02 during trading on Wednesday, hitting $136.74. The company had a trading volume of 940,281 shares, compared to its average volume of 907,431. The company has a fifty day moving average price of $137.23 and a two-hundred day moving average price of $135.18. DTE Energy has a fifty-two week low of $115.59 and a fifty-two week high of $142.05. The company has a market cap of $28.39 billion, a P/E ratio of 19.67, a P/E/G ratio of 2.72 and a beta of 0.42. The company has a current ratio of 0.94, a quick ratio of 0.57 and a debt-to-equity ratio of 1.96.
Institutional Investors Weigh In On DTE Energy
Several hedge funds and other institutional investors have recently made changes to their positions in DTE. Vanguard Group Inc. lifted its stake in shares of DTE Energy by 4.2% during the second quarter. Vanguard Group Inc. now owns 25,964,872 shares of the utilities provider's stock valued at $3,439,307,000 after acquiring an additional 1,042,589 shares during the period. State Street Corp raised its holdings in DTE Energy by 2.2% during the 2nd quarter. State Street Corp now owns 10,558,531 shares of the utilities provider's stock worth $1,409,833,000 after purchasing an additional 222,353 shares during the last quarter. Geode Capital Management LLC lifted its position in DTE Energy by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,250,341 shares of the utilities provider's stock valued at $692,535,000 after purchasing an additional 154,594 shares during the period. Invesco Ltd. lifted its position in DTE Energy by 1.3% during the 2nd quarter. Invesco Ltd. now owns 2,387,012 shares of the utilities provider's stock valued at $316,184,000 after purchasing an additional 31,635 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of DTE Energy by 0.5% in the 1st quarter. Northern Trust Corp now owns 1,836,832 shares of the utilities provider's stock valued at $253,979,000 after purchasing an additional 9,664 shares during the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at DTE Energy
In related news, VP Lisa A. Muschong sold 1,600 shares of the business's stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $140.53, for a total value of $224,848.00. Following the completion of the transaction, the vice president owned 4,153 shares in the company, valued at $583,621.09. The trade was a 27.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.33% of the stock is currently owned by corporate insiders.
DTE Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 3.2%. DTE Energy's dividend payout ratio (DPR) is currently 62.73%.
About DTE Energy
(
Get Free Report)
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.
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