DTE Energy (NYSE:DTE) Issues FY 2026 Earnings Guidance

DTE Energy (NYSE:DTE) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 7.590-7.730 for the period, compared to the consensus EPS estimate of 7.710. The company issued revenue guidance of -.

DTE Energy Stock Performance

DTE Energy stock traded up $1.91 during midday trading on Tuesday, hitting $148.74. The stock had a trading volume of 171,792 shares, compared to its average volume of 1,465,680. The firm’s fifty day moving average is $145.07 and its two-hundred day moving average is $140.86. The company has a current ratio of 0.95, a quick ratio of 0.69 and a debt-to-equity ratio of 2.04. The company has a market capitalization of $30.94 billion, a PE ratio of 24.49, a P/E/G ratio of 3.22 and a beta of 0.39. DTE Energy has a 52-week low of $126.23 and a 52-week high of $154.63.

DTE Energy (NYSE:DTE) last announced its quarterly earnings data on Thursday, April 30th. The utilities provider reported $1.95 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.03). DTE Energy had a net margin of 7.65% and a return on equity of 12.37%. The firm had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the previous year, the business earned $2.10 earnings per share. DTE Energy has set its FY 2026 guidance at 7.590-7.730 EPS. On average, research analysts forecast that DTE Energy will post 7.71 EPS for the current year.

DTE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be given a dividend of $1.165 per share. The ex-dividend date is Monday, September 21st. This represents a $4.66 annualized dividend and a dividend yield of 3.1%. DTE Energy’s dividend payout ratio (DPR) is presently 76.77%.

Analyst Ratings Changes

Several brokerages have commented on DTE. Bank of America reiterated a “buy” rating on shares of DTE Energy in a research note on Wednesday, April 22nd. Wells Fargo & Company reissued an “overweight” rating and set a $165.00 price objective on shares of DTE Energy in a research note on Monday, June 15th. JPMorgan Chase & Co. reduced their target price on shares of DTE Energy from $160.00 to $155.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Argus upgraded DTE Energy to a “strong-buy” rating in a report on Thursday, February 26th. Finally, Barclays reduced their target price on shares of DTE Energy from $156.00 to $154.00 and set an “equal weight” rating on the stock in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, DTE Energy has a consensus rating of “Moderate Buy” and an average price target of $156.67.

Insider Transactions at DTE Energy

In other news, VP Lisa A. Muschong sold 1,000 shares of DTE Energy stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $143.72, for a total transaction of $143,720.00. Following the completion of the sale, the vice president directly owned 6,233 shares in the company, valued at approximately $895,806.76. The trade was a 13.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Institutional Trading of DTE Energy

Large investors have recently added to or reduced their stakes in the company. Millennium Management LLC boosted its position in DTE Energy by 810.6% in the third quarter. Millennium Management LLC now owns 833,595 shares of the utilities provider’s stock valued at $117,895,000 after buying an additional 742,056 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of DTE Energy by 176.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,015,208 shares of the utilities provider’s stock valued at $134,474,000 after buying an additional 648,007 shares during the period. Freestone Grove Partners LP purchased a new stake in shares of DTE Energy in the fourth quarter worth about $60,525,000. Amundi boosted its stake in shares of DTE Energy by 123.4% in the fourth quarter. Amundi now owns 715,240 shares of the utilities provider’s stock worth $92,252,000 after buying an additional 395,133 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in DTE Energy by 226.8% during the third quarter. National Bank of Canada FI now owns 488,195 shares of the utilities provider’s stock worth $69,045,000 after acquiring an additional 338,824 shares during the period. Hedge funds and other 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.