DTE Energy (NYSE:DTE) Price Target Raised to $150.00 at BMO Capital Markets

DTE Energy (NYSE:DTE) had its price target upped by stock analysts at BMO Capital Markets from $148.00 to $150.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the utilities provider’s stock. BMO Capital Markets’ target price would suggest a potential upside of 2.54% from the company’s previous close.

A number of other research analysts also recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of DTE Energy from $155.00 to $162.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Barclays dropped their target price on shares of DTE Energy from $156.00 to $154.00 and set an “equal weight” rating for the company in a research report on Monday, May 4th. Jefferies Financial Group set a $172.00 price objective on DTE Energy in a research note on Thursday, July 9th. Bank of America restated a “buy” rating on shares of DTE Energy in a research note on Wednesday, April 22nd. Finally, Wall Street Zen cut shares of DTE Energy from a “hold” rating to a “sell” rating in a report on Sunday, May 3rd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.46.

DTE Energy Stock Up 0.1%

Shares of DTE traded up $0.21 during trading on Wednesday, reaching $146.29. The company’s stock had a trading volume of 56,668 shares, compared to its average volume of 1,432,601. The company has a market cap of $30.43 billion, a price-to-earnings ratio of 24.10, a P/E/G ratio of 3.21 and a beta of 0.38. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 2.04. The company has a fifty day moving average of $147.69 and a two-hundred day moving average of $144.62. DTE Energy has a twelve month low of $126.23 and a twelve month high of $155.74.

DTE Energy (NYSE:DTE) last released its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.18. The business had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.36 billion. DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. During the same quarter last year, the company earned $1.36 earnings per share. On average, sell-side analysts predict that DTE Energy will post 7.71 EPS for the current fiscal year.

Insider Transactions at DTE Energy

In related news, VP Lisa A. Muschong sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $143.72, for a total value of $143,720.00. Following the completion of the transaction, the vice president directly owned 6,233 shares of the company’s stock, valued at $895,806.76. This represents a 13.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Northside Capital Management LLC boosted its stake in DTE Energy by 0.5% during the 2nd quarter. Northside Capital Management LLC now owns 26,047 shares of the utilities provider’s stock valued at $3,969,000 after purchasing an additional 121 shares in the last quarter. Tema ETFs LLC lifted its holdings in shares of DTE Energy by 8.6% in the second quarter. Tema ETFs LLC now owns 3,679 shares of the utilities provider’s stock valued at $561,000 after buying an additional 290 shares during the period. William Mack & Associates Inc. boosted its stake in DTE Energy by 34.8% during the second quarter. William Mack & Associates Inc. now owns 4,615 shares of the utilities provider’s stock valued at $703,000 after buying an additional 1,192 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in DTE Energy by 4.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 5,538 shares of the utilities provider’s stock worth $844,000 after acquiring an additional 253 shares in the last quarter. Finally, Revolve Wealth Partners LLC lifted its holdings in DTE Energy by 8.7% in the 2nd quarter. Revolve Wealth Partners LLC now owns 1,519 shares of the utilities provider’s stock valued at $231,000 after acquiring an additional 121 shares during the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

Key DTE Energy News

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

• Positive Sentiment: DTE reported second-quarter operating EPS of $1.32, above analysts’ $1.14 consensus, while total net income rose to $282 million, or $1.35 per diluted share, from $229 million a year earlier. DTE Energy tops quarterly profit estimates as energy trading unit shines
• Positive Sentiment: Management reaffirmed its 2026 operating EPS guidance of $7.59 to $7.73, reducing uncertainty despite operating earnings declining modestly year over year. DTE Energy Sticks With Full-Year Earnings Target
• Positive Sentiment: DTE invested more than $2.6 billion in its utilities during the first half of 2026, including over $900 million for electric reliability. It also advanced a $1.6 billion battery-storage partnership covering eight Michigan projects, supporting long-term rate-base and clean-energy growth. DTE Energy reports second quarter 2026 accomplishments, investments and earnings
• Neutral Sentiment: DTE issued a request for proposals for up to 800 megawatts of renewable generation in MISO states. The initiative could expand future clean-energy supply, but it is not an immediate earnings driver. DTE Energy seeks 800 MW from MISO projects
• Negative Sentiment: The earnings beat was partly offset by weaker electric and gas results, while substantial infrastructure spending may keep pressure on cash flow and financing costs. DTE Energy’s Q2 earnings beat estimates
• Negative Sentiment: Reports that DTE-linked groups helped fund a super PAC involved in Detroit elections could create political or reputational risks, although the issue has no direct near-term earnings impact. DTE-linked group funding Detroit races

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.