KeyCorp Analysts Boost Earnings Estimates for DTE Energy

Posted by Geri Gentry on Oct 15th, 2026

DTE Energy Company (NYSE:DTE – Free Report) – KeyCorp increased their Q4 2026 earnings per share estimates for DTE Energy in a report released on Monday, October 12th. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings per share of $2.31 for the quarter, up from their prior estimate of $2.09. The consensus estimate for DTE Energy’s current full-year earnings is $7.70 per share.

Other research analysts have also recently issued reports about the stock. Truist Financial reduced their target price on shares of DTE Energy from $166.00 to $160.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. TD Cowen initiated coverage on shares of DTE Energy in a report on Tuesday, July 7th. They set a “hold” rating and a $166.00 price target for the company. Mizuho dropped their price target on shares of DTE Energy from $152.00 to $136.00 and set an “outperform” rating on the stock in a research note on Monday, September 28th. BMO Capital Markets lifted their price target on shares of DTE Energy from $132.00 to $134.00 and gave the stock a “market perform” rating in a research note on Monday, October 5th. Finally, Jefferies Financial Group set a $172.00 price objective on shares of DTE Energy in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $154.54.

Get Our Latest Report on DTE Energy

DTE Energy Stock Down 0.1%

Shares of NYSE:DTE opened at $128.19 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.80 and a debt-to-equity ratio of 2.13. DTE Energy has a 52-week low of $119.68 and a 52-week high of $155.74. The company has a 50 day moving average of $132.07 and a two-hundred day moving average of $141.45. The company has a market capitalization of $26.68 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 2.53 and a beta of 0.36.

DTE Energy (NYSE:DTE – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $1.32 EPS for the quarter, topping the consensus estimate of $1.14 by $0.18. The firm had revenue of $6.74 billion for the quarter, compared to analyst estimates of $3.36 billion. DTE Energy had a return on equity of 12.19% and a net margin of 8.00%. During the same period in the previous year, the company posted $1.36 EPS.

Insider Buying and Selling

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 transaction, the insider owned 73,122 shares of the company’s stock, valued at approximately $9,923,386.62. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On DTE Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of DTE Energy during the second quarter worth approximately $3,915,284,000. Jupiter Topco LLC acquired a new stake in DTE Energy in the second quarter valued at $477,264,000. Janus Henderson Group PLC boosted its stake in DTE Energy by 1.3% during the 1st quarter. Janus Henderson Group PLC now owns 3,084,544 shares of the utilities provider’s stock valued at $451,022,000 after acquiring an additional 40,346 shares during the last quarter. Bank of America Corp DE bought a new position in DTE Energy during the 2nd quarter valued at $417,001,000. Finally, Millennium Management LLC boosted its stake in DTE Energy by 227.4% during the 4th quarter. Millennium Management LLC now owns 2,729,226 shares of the utilities provider’s stock valued at $352,016,000 after acquiring an additional 1,895,631 shares during the last quarter. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

About DTE Energy

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DTE Energy Company is a diversified energy company headquartered in Detroit, Michigan. Through its regulated utility operations, the company generates, transmits and distributes electricity and purchases, stores, transports and distributes natural gas. Its utility services primarily support residential, commercial and industrial customers across southeastern Michigan.

DTE Energy also operates businesses involved in energy-related products and services, including renewable energy, energy management, power and industrial projects, and other nonutility activities.