DTE Energy (NYSE:DTE) Stock Gets Price Target Reduction from Morgan Stanley

DTE Energy (NYSE:DTE) had its price target trimmed by Morgan Stanley from $141.00 to $139.00 in a research note released on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the utilities provider’s stock.

A number of other research firms have also commented on DTE. Jefferies Financial Group set a $172.00 price objective on shares of DTE Energy in a research note on Thursday, July 9th. TD Cowen initiated coverage on shares of DTE Energy in a research report on Tuesday, July 7th. They issued a “hold” rating and a $166.00 target price on the stock. Barclays cut their price target on shares of DTE Energy from $154.00 to $135.00 and set an “equal weight” rating on the stock in a report on Friday, October 16th. Mizuho reduced their price target on shares of DTE Energy from $152.00 to $136.00 and set an “outperform” rating for the company in a research report on Monday, September 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of DTE Energy from $155.00 to $162.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $149.07.

DTE Energy Stock Performance

DTE opened at $131.98 on Wednesday. The firm has a market cap of $27.46 billion, a PE ratio of 18.56, a P/E/G ratio of 2.73 and a beta of 0.36. The company has a quick ratio of 0.53, a current ratio of 0.80 and a debt-to-equity ratio of 2.13. The business has a fifty day simple moving average of $130.80 and a 200-day simple moving average of $140.67. DTE Energy has a fifty-two week low of $119.68 and a fifty-two week high of $155.74.

DTE Energy (NYSE:DTE) last issued its earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.18. DTE Energy had a return on equity of 12.19% and a net margin of 8.00%. The business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $3.36 billion. During the same period in the previous year, the firm posted $1.36 EPS. As a group, equities analysts predict that DTE Energy will post 7.70 EPS for the current fiscal year.

Insider Transactions at DTE Energy

In related news, Vice Chairman Trevor Lauer sold 5,000 shares of the 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 sale, the insider directly owned 73,122 shares of the company’s stock, valued at approximately $9,923,386.62. This represents a 6.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On DTE Energy

Several institutional investors and hedge funds have recently bought and sold shares of DTE. First Bancorp Inc ME purchased a new stake in shares of DTE Energy in the second quarter worth approximately $29,000. Key Financial Inc acquired a new position in DTE Energy in the 1st quarter valued at approximately $29,000. Community Bank N.A. acquired a new position in DTE Energy in the 2nd quarter valued at approximately $31,000. N.E.W. Advisory Services LLC acquired a new position in DTE Energy in the 2nd quarter valued at approximately $35,000. Finally, Optiver Holding B.V. acquired a new position in DTE Energy in the 1st quarter valued at approximately $36,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

Key Stories Impacting DTE Energy

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

• Positive Sentiment: Battery project approved: Frenchtown Township approved DTE’s proposed battery-storage project, supporting the utility’s grid-modernization and renewable-energy strategy. The project could strengthen long-term reliability and provide additional capacity, although construction and regulatory execution remain future considerations. Frenchtown Township approves DTE battery project
• Positive Sentiment: Sustainability progress highlighted: DTE released its 2025 Sustainability Report, citing progress on reliability, cleaner energy and affordability for Michigan customers. The update supports the company’s long-term environmental and infrastructure narrative, but is unlikely to materially change near-term earnings. DTE Energy sustainability report
• Neutral Sentiment: HSBC initiated coverage at Hold: HSBC set a $135 price target, implying limited upside from recent trading levels. The neutral rating suggests the bank sees a relatively balanced risk-reward profile rather than a strong catalyst for buying. HSBC initiates DTE Energy at Hold
• Negative Sentiment: Price-target reductions weigh on sentiment: Morgan Stanley lowered its DTE target to $139 from $141, while consensus estimates were reportedly reduced by about 11.4%. These revisions indicate more cautious expectations for valuation or future performance and are the clearest near-term pressure on the stock. Morgan Stanley adjusts DTE Energy price target

About DTE Energy

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.