DTE Energy (NYSE:DTE) Stock Gets Price Target Reduction from Morgan Stanley

Posted by George Bondi on Oct 21st, 2026

DTE Energy (NYSE:DTE – Get Free Report) had its price target decreased by equities research analysts at Morgan Stanley from $141.00 to $139.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the utilities provider’s stock. Morgan Stanley’s target price would indicate a potential upside of 7.03% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of DTE Energy from $155.00 to $162.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Truist Financial set a $139.00 target price on shares of DTE Energy in a report on Friday. Weiss Ratings cut DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. Wall Street Zen downgraded DTE Energy from a “hold” rating to a “sell” rating in a report on Monday. Finally, BMO Capital Markets boosted their price target on DTE Energy from $134.00 to $139.00 and gave the company a “market perform” rating in a report on Friday. One investment 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $151.69.

View Our Latest Stock Report on DTE Energy

DTE Energy Trading Up 0.4%

Shares of NYSE DTE traded up $0.55 during mid-day trading on Wednesday, hitting $129.87. The stock had a trading volume of 179,415 shares, compared to its average volume of 1,470,468. The business has a 50 day moving average price of $131.28 and a two-hundred day moving average price of $140.96. DTE Energy has a 1 year low of $119.68 and a 1 year high of $155.74. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.53 and a current ratio of 0.80. The firm has a market cap of $27.02 billion, a P/E ratio of 20.54, a price-to-earnings-growth ratio of 2.50 and a beta of 0.36.

DTE Energy (NYSE:DTE – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.18. The business had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $3.36 billion. DTE Energy had a net margin of 8.00% and a return on equity of 12.19%. During the same quarter in the prior year, the company posted $1.36 EPS. On average, equities analysts anticipate that DTE Energy will post 7.70 EPS for the current fiscal year.

Insider Activity at DTE Energy

In other news, Vice Chairman Trevor Lauer sold 5,000 shares of the business’s 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 transaction, the insider directly owned 73,122 shares in the company, valued at $9,923,386.62. The trade was a 6.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is owned by insiders.

Institutional Trading of DTE Energy

Several institutional investors have recently made changes to their positions in DTE. BlackRock Inc. purchased a new position in DTE Energy in the 2nd quarter worth approximately $3,915,284,000. Jupiter Topco LLC bought a new position in DTE Energy in the 2nd quarter worth approximately $477,264,000. Janus Henderson Group PLC boosted its stake in DTE Energy by 1.3% in the 1st quarter. Janus Henderson Group PLC now owns 3,084,544 shares of the utilities provider’s stock worth $451,022,000 after purchasing an additional 40,346 shares during the period. Bank of America Corp DE purchased a new stake in DTE Energy during the 2nd quarter valued at approximately $417,001,000. Finally, Soroban Capital Partners LP grew its holdings in DTE Energy by 2.0% during the 1st quarter. Soroban Capital Partners LP now owns 2,038,473 shares of the utilities provider’s stock valued at $298,066,000 after buying an additional 39,963 shares in the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

About DTE Energy

(Get Free Report)

DTE Energy Co is a Detroit-based energy holding company that operates through regulated utility businesses and other energy-related activities. Its principal subsidiaries are DTE Electric and DTE Gas, which provide electricity and natural gas to residential, commercial and industrial customers across southeastern Michigan.

DTE Electric generates, transmits and distributes electricity, while DTE Gas transports and distributes natural gas through an extensive pipeline network. The company is also involved in renewable energy, energy services, natural gas storage and pipeline operations, and other nonutility activities designed to support the broader energy system.

DTE Energy traces its roots to the Detroit Edison Company, which was established in 1903 to serve the Detroit area.