Analysts Set DTE Energy Company (NYSE:DTE) Price Target at $152.17

Shares of DTE Energy Company (NYSE:DTE) have earned an average rating of “Moderate Buy” from the fourteen research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $152.1667.

DTE has been the subject of a number of research analyst reports. Argus upgraded DTE Energy to a “strong-buy” rating in a report on Thursday, February 26th. Mizuho increased their target price on DTE Energy from $144.00 to $155.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Barclays boosted their price target on DTE Energy from $151.00 to $156.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of DTE Energy in a report on Wednesday, January 21st. Finally, Jefferies Financial Group increased their price objective on DTE Energy from $150.00 to $153.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th.

DTE Energy Price Performance

NYSE:DTE opened at $148.03 on Friday. DTE Energy has a one year low of $123.69 and a one year high of $154.63. The company has a market cap of $30.79 billion, a P/E ratio of 21.09, a P/E/G ratio of 2.72 and a beta of 0.43. The firm’s fifty day moving average price is $143.59 and its two-hundred day moving average price is $138.24. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.80 and a quick ratio of 0.55.

DTE Energy (NYSE:DTE) last posted its earnings results on Tuesday, February 17th. The utilities provider reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.13. DTE Energy had a net margin of 9.24% and a return on equity of 12.72%. The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same quarter last year, the company posted $1.51 EPS. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. Equities analysts expect that DTE Energy will post 7.18 earnings per share for the current year.

DTE Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 16th will be paid a $1.165 dividend. The ex-dividend date is Monday, March 16th. This represents a $4.66 annualized dividend and a dividend yield of 3.1%. DTE Energy’s dividend payout ratio is 66.38%.

Institutional Trading of DTE Energy

A number of institutional investors have recently bought and sold shares of the business. Laurel Wealth Advisors LLC bought a new position in shares of DTE Energy during the fourth quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. boosted its stake in shares of DTE Energy by 754.2% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 205 shares of the utilities provider’s stock valued at $26,000 after buying an additional 181 shares during the period. Torren Management LLC bought a new stake in shares of DTE Energy in the fourth quarter valued at approximately $26,000. Global Wealth Strategies & Associates acquired a new stake in DTE Energy during the third quarter worth approximately $28,000. Finally, Clean Yield Group acquired a new stake in DTE Energy during the third quarter worth approximately $28,000. Institutional investors own 76.06% of the company’s stock.

About DTE Energy

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.