DTE Energy (NYSE:DTE) Research Coverage Started at HSBC

Posted by Brenda Bartman on Oct 25th, 2026

HSBC assumed coverage on shares of DTE Energy (NYSE:DTE – Free Report) in a research report report published on Thursday morning, Marketbeat reports. The firm issued a hold rating and a $135.00 price target on the utilities provider’s stock.

Several other equities analysts also recently commented on the company. Wall Street Zen downgraded DTE Energy from a “hold” rating to a “sell” rating in a report on Monday, October 19th. TD Cowen started coverage on shares of DTE Energy in a research report on Tuesday, July 7th. They issued a “hold” rating and a $166.00 price target on the stock. Truist Financial set a $139.00 price objective on shares of DTE Energy in a research note on Friday, October 16th. Barclays reduced their price objective on shares of DTE Energy from $154.00 to $135.00 and set an “equal weight” rating for the company in a research note on Friday, October 16th. Finally, BMO Capital Markets upped their price objective on shares of DTE Energy from $134.00 to $139.00 and gave the stock a “market perform” rating in a report on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $149.07.

Get Our Latest Research Report on DTE Energy

DTE Energy Stock Performance

DTE opened at $131.98 on Thursday. The company has a market cap of $27.46 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 2.71 and a beta of 0.36. The stock has a 50-day moving average of $130.80 and a 200-day moving average of $140.67. DTE Energy has a 52-week low of $119.68 and a 52-week 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.

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

Insiders Place Their Bets

In other DTE Energy news, Vice Chairman Trevor Lauer sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $135.71, for a total value of $678,550.00. Following the sale, the insider owned 73,122 shares of the company’s stock, valued at $9,923,386.62. The trade was a 6.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On DTE Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Probity Advisors Inc. boosted its stake in DTE Energy by 2.5% in the third quarter. Probity Advisors Inc. now owns 6,975 shares of the utilities provider’s stock valued at $850,000 after acquiring an additional 171 shares during the last quarter. Signaturefd LLC grew its holdings in DTE Energy by 12.1% during the 3rd quarter. Signaturefd LLC now owns 3,806 shares of the utilities provider’s stock worth $464,000 after acquiring an additional 412 shares during the period. Citizens Financial Group Inc. RI grew its holdings in DTE Energy by 87.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 7,878 shares of the utilities provider’s stock worth $959,000 after acquiring an additional 3,674 shares during the period. RWC Asset Management LLP grew its holdings in DTE Energy by 25.6% during the 3rd quarter. RWC Asset Management LLP now owns 63,278 shares of the utilities provider’s stock worth $7,707,000 after acquiring an additional 12,912 shares during the period. Finally, Tectonic Advisors LLC grew its holdings in DTE Energy by 19.0% during the 3rd quarter. Tectonic Advisors LLC now owns 6,903 shares of the utilities provider’s stock worth $841,000 after acquiring an additional 1,100 shares during the period. 76.06% of the stock is owned by institutional investors.

Trending Headlines about DTE Energy

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

Positive Sentiment: Battery project approved: Frenchtown Township approved DTE’s proposed battery-storage project, supporting the utility’s grid-modernization and renewable-energy strategy. The project could strengthen long-term reliability and provide additional capacity, although construction and regulatory execution remain future considerations. Frenchtown Township approves DTE battery project
Positive Sentiment: Sustainability progress highlighted: DTE released its 2025 Sustainability Report, citing progress on reliability, cleaner energy and affordability for Michigan customers. The update supports the company’s long-term environmental and infrastructure narrative, but is unlikely to materially change near-term earnings. DTE Energy sustainability report
Neutral Sentiment: HSBC initiated coverage at Hold: HSBC set a $135 price target, implying limited upside from recent trading levels. The neutral rating suggests the bank sees a relatively balanced risk-reward profile rather than a strong catalyst for buying. HSBC initiates DTE Energy at Hold
Negative Sentiment: Price-target reductions weigh on sentiment: Morgan Stanley lowered its DTE target to $139 from $141, while consensus estimates were reportedly reduced by about 11.4%. These revisions indicate more cautious expectations for valuation or future performance and are the clearest near-term pressure on the stock. Morgan Stanley adjusts DTE Energy price target

DTE Energy Company Profile

(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.