DTE Energy
About: DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.
Employees: 9,500
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
67% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 5 (+2) [Q4]
54% more repeat investments, than reductions
Existing positions increased: 351 | Existing positions reduced: 228
50% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $17.2M
43% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 72
0% less funds holding
Funds holding: 832 [Q3] → 830 (-2) [Q4]
4.16% less ownership
Funds ownership: 81.0% [Q3] → 76.85% (-4.16%) [Q4]
7% less capital invested
Capital invested by funds: $20.6B [Q3] → $19.2B (-$1.41B) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$128
3%
downside
Avg. target
$138
4%
upside
High target
$147
11%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Barclays Nicholas Campanella 64% 1-year accuracy 50 / 78 met price target | 2%upside $135 | Equal-Weight Downgraded | 20 Feb 2025 |
BMO Capital James Thalacker 80% 1-year accuracy 60 / 75 met price target | 2%upside $135 | Market Perform Maintained | 18 Feb 2025 |
Scotiabank Andrew Weisel 75% 1-year accuracy 21 / 28 met price target | 11%upside $147 | Sector Outperform Maintained | 12 Dec 2024 |
UBS William Appicelli 82% 1-year accuracy 9 / 11 met price target | 8%upside $143 | Buy Upgraded | 3 Dec 2024 |
Morgan Stanley David Arcaro 72% 1-year accuracy 31 / 43 met price target | 3%downside $128 | Overweight Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 12 articles about DTE published over the past 30 days
Positive
Zacks Investment Research
1 week ago
This is Why DTE Energy (DTE) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does DTE Energy (DTE) have what it takes?
Neutral
Seeking Alpha
1 week ago
DTE Energy Company (DTE) Q4 2024 Earnings Call Transcript
DTE Energy Company (NYSE:DTE ) Q4 2024 Earnings Conference Call February 13, 2025 9:00 AM ET Company Participants Matt Krupinski - Director of Investor Relations Gerardo Norcia - Chairman & Chief Executive Officer Joi Harris - President & Chief Operating Officer David Ruud - Executive Vice President & Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - Jefferies David Arcaro - Morgan Stanley Michael Sullivan - Wolfe Research Andrew Weisel - Scotiabank Bill Appicelli - UBS Travis Miller - Morningstar Paul Fremont - Ladenburg Ryan Levine - Citigroup Operator Thank you for standing by. My name is Kate [ph] and I will be your conference operator today.
Positive
Zacks Investment Research
1 week ago
DTE Energy's Q4 Earnings Surpass Estimates, Decline Y/Y
DTE's Q4 operating net income of $1.42 billion compares with $1.18 billion in the year-ago period.
Positive
Zacks Investment Research
1 week ago
DTE Energy (DTE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for DTE Energy (DTE) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Neutral
GlobeNewsWire
1 week ago
DTE Energy reports 2024 accomplishments, investments and earnings
DETROIT, Feb. 13, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) today announced that it invested a record amount in 2024 in utility infrastructure, which helped customers experience a nearly 70% reduction in time spent without power. DTE Electric invested over $2.5 billion in infrastructure improvements and $1.1 billion in cleaner generation, while DTE Gas invested $740 million to upgrade its natural gas system and expand service to rural communities.
Positive
Zacks Investment Research
2 weeks ago
Why DTE Energy (DTE) is a Top Value Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Neutral
GlobeNewsWire
2 weeks ago
DTE Energy celebrates energy assistance expansion, thanks to “Coalition to Keep Michigan Warm”
Group of more than 120 human service agencies, religious organizations and businesses and legislatures were instrumental in the bipartisan passage of new law to expand energy assistance for Michiganders in need Group of more than 120 human service agencies, religious organizations and businesses and legislatures were instrumental in the bipartisan passage of new law to expand energy assistance for Michiganders in need
Neutral
GlobeNewsWire
2 weeks ago
DTE Energy Board of Directors declares quarterly dividend
Company continues more than 100-year history of issuing cash dividend Company continues more than 100-year history of issuing cash dividend
Neutral
GlobeNewsWire
2 weeks ago
DTE Energy names Casey Santos to board of directors
Detroit, Feb. 06, 2025 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) has named Casey Santos to its board of directors effective Feb. 6. Santos recently joined Caliber as chief technology officer. Prior to Caliber, Santos led Asurion's global technology and procurement teams as their chief information officer. She has more than 25 years of experience as an executive leader, an independent board director for public and private organizations, and advisor with expertise across a diverse range of industries, business lines and functions.
Negative
Zacks Investment Research
2 weeks ago
Analysts Estimate DTE Energy (DTE) to Report a Decline in Earnings: What to Look Out for
DTE Energy (DTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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