DTE Energy (NYSE:DTE – Free Report) – Analysts at Zacks Research reduced their Q1 2026 earnings estimates for DTE Energy in a research note issued to investors on Tuesday, November 26th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.74 per share for the quarter, down from their previous estimate of $1.76. The consensus estimate for DTE Energy’s current full-year earnings is $6.74 per share.
Several other analysts also recently weighed in on DTE. Scotiabank lifted their price target on shares of DTE Energy from $120.00 to $137.00 and gave the company a “sector outperform” rating in a research note on Tuesday, August 20th. StockNews.com raised shares of DTE Energy from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. Bank of America lifted their price objective on shares of DTE Energy from $131.00 to $136.00 and gave the company a “buy” rating in a report on Thursday, August 29th. KeyCorp lifted their price objective on shares of DTE Energy from $136.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday, October 22nd. Finally, BMO Capital Markets lifted their price objective on shares of DTE Energy from $135.00 to $140.00 and gave the company a “market perform” rating in a report on Friday, October 18th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $131.46.
DTE Energy Stock Performance
DTE Energy stock opened at $126.08 on Thursday. The company has a 50 day moving average price of $124.71 and a 200-day moving average price of $119.92. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.83. DTE Energy has a fifty-two week low of $102.17 and a fifty-two week high of $131.66. The company has a market capitalization of $26.11 billion, a PE ratio of 17.08, a P/E/G ratio of 2.31 and a beta of 0.68.
Hedge Funds Weigh In On DTE Energy
Several institutional investors and hedge funds have recently bought and sold shares of DTE. Farther Finance Advisors LLC lifted its stake in shares of DTE Energy by 2.3% during the third quarter. Farther Finance Advisors LLC now owns 3,588 shares of the utilities provider’s stock worth $461,000 after buying an additional 81 shares during the period. Signaturefd LLC lifted its stake in shares of DTE Energy by 3.1% during the third quarter. Signaturefd LLC now owns 2,889 shares of the utilities provider’s stock worth $371,000 after buying an additional 86 shares during the period. Aptus Capital Advisors LLC lifted its stake in shares of DTE Energy by 3.7% during the second quarter. Aptus Capital Advisors LLC now owns 2,632 shares of the utilities provider’s stock worth $292,000 after buying an additional 94 shares during the period. Tidal Investments LLC lifted its stake in shares of DTE Energy by 4.0% during the third quarter. Tidal Investments LLC now owns 2,490 shares of the utilities provider’s stock worth $320,000 after buying an additional 96 shares during the period. Finally, ASB Consultores LLC lifted its stake in shares of DTE Energy by 4.9% during the second quarter. ASB Consultores LLC now owns 2,179 shares of the utilities provider’s stock worth $242,000 after buying an additional 101 shares during the period. 76.06% of the stock is owned by hedge funds and other institutional investors.
DTE Energy Company Profile
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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