DTE Energy (NYSE:DTE) Stock Gets Price Target Reduction from Truist Financial

Posted by Francis Steltz on Oct 19th, 2026

DTE Energy (NYSE:DTE – Free Report) had its target price cut by Truist Financial from $160.00 to $150.00 in a research note published on Friday,Benzinga reports. They currently have a buy rating on the utilities provider’s stock.

A number of other analysts also recently commented on DTE. Weiss Ratings downgraded DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. BMO Capital Markets raised their price target on DTE Energy from $132.00 to $134.00 and gave the company a “market perform” rating in a research report on Monday, October 5th. Barclays cut their price target on DTE Energy from $154.00 to $135.00 and set an “equal weight” rating for the company in a research note on Friday. TD Cowen initiated coverage on DTE Energy in a research note on Tuesday, July 7th. They set a “hold” rating and a $166.00 price target for the company. Finally, Morgan Stanley decreased their price objective on shares of DTE Energy from $148.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $151.85.

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DTE Energy Trading Up 0.1%

Shares of DTE Energy stock opened at $129.90 on Friday. DTE Energy has a 12-month low of $119.68 and a 12-month high of $155.74. The company has a current ratio of 0.80, a quick ratio of 0.53 and a debt-to-equity ratio of 2.13. The stock has a market cap of $27.03 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 2.56 and a beta of 0.36. The company has a 50-day moving average of $131.64 and a two-hundred day moving average of $141.23.

DTE Energy (NYSE:DTE – Get Free Report) last announced 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 business 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 quarter in the previous year, the company earned $1.36 EPS. On average, research analysts anticipate that DTE Energy will post 7.70 EPS for the current fiscal year.

Insider Transactions at DTE Energy

In other DTE Energy news, Vice Chairman Trevor Lauer sold 5,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $135.71, for a total transaction of $678,550.00. Following the sale, the insider owned 73,122 shares in the company, valued at approximately $9,923,386.62. This represents a 6.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On DTE Energy

A number of institutional investors have recently made changes to their positions in DTE. Key Financial Inc purchased a new position in shares of DTE Energy during the first quarter valued at approximately $29,000. First Bancorp Inc ME purchased a new stake in DTE Energy in the 2nd quarter worth approximately $29,000. Community Bank N.A. purchased a new stake in DTE Energy in the 2nd quarter worth approximately $31,000. Elevation Wealth Partners LLC grew its stake in DTE Energy by 682.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 266 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 232 shares during the period. Finally, SHP Wealth Management purchased a new stake in DTE Energy in the 4th quarter worth approximately $35,000. 76.06% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about DTE Energy

Here are the key news stories impacting DTE Energy this week:

Positive Sentiment: BMO Capital raised its price target for DTE Energy to $139 from $134, signaling greater confidence in the utility’s valuation and outlook. BMO Capital Adjusts Price Target on DTE Energy
Positive Sentiment: KeyCorp increased its fourth-quarter 2026 EPS forecast to $2.31 from $2.09. The estimate increase supports expectations that DTE could outperform its full-year consensus EPS forecast of $7.70. KeyCorp DTE Energy Earnings Estimate Update
Positive Sentiment: DTE’s agreements involving Oracle and Google data-center power demand are attracting investor attention. The contracts could provide a multiyear source of electricity demand and earnings growth as artificial-intelligence infrastructure expands. DTE Energy and Rising Data-Center Power Demand
Neutral Sentiment: Truist lowered its price target to $150 from $160, but maintained a Buy rating. The revised target still implies approximately 15.5% upside from the referenced $129.90 share price, making the note mixed but still supportive. Truist Adjusts DTE Energy Price Target
Neutral Sentiment: DTE Energy will release third-quarter 2026 results before the market opens on November 5, followed by a 9:00 a.m. conference call. Investors may remain cautious ahead of the report, which could provide the next major catalyst. DTE Energy Schedules Third-Quarter 2026 Earnings Release

DTE Energy Company Profile

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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.