DTE Energy Company $DTE Stock: Krilogy Financial LLC Boosts Position

Krilogy Financial LLC increased its stake in DTE Energy Company (NYSE:DTE) by 134.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,575 shares of the utilities provider’s stock after buying an additional 4,921 shares during the period. Krilogy Financial LLC’s holdings in DTE Energy were worth $1,098,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Riversedge Advisors LLC bought a new position in shares of DTE Energy in the third quarter worth approximately $303,000. Wedmont Private Capital increased its position in shares of DTE Energy by 56.5% during the third quarter. Wedmont Private Capital now owns 2,224 shares of the utilities provider’s stock valued at $283,000 after acquiring an additional 803 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of DTE Energy by 7.9% during the third quarter. Farther Finance Advisors LLC now owns 12,817 shares of the utilities provider’s stock valued at $1,561,000 after acquiring an additional 937 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of DTE Energy by 1.5% during the third quarter. CoreCap Advisors LLC now owns 32,792 shares of the utilities provider’s stock valued at $3,994,000 after acquiring an additional 481 shares in the last quarter. Finally, Apella Capital LLC raised its holdings in DTE Energy by 10.3% in the 3rd quarter. Apella Capital LLC now owns 5,707 shares of the utilities provider’s stock worth $726,000 after acquiring an additional 534 shares during the last quarter. 76.06% of the stock is owned by hedge funds and other institutional investors.

DTE Energy News Summary

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

Analysts Set New Price Targets

DTE has been the topic of several analyst reports. Jefferies Financial Group set a $172.00 price objective on DTE Energy in a research report on Thursday, July 9th. JPMorgan Chase & Co. increased their target price on DTE Energy from $155.00 to $162.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. BMO Capital Markets lifted their target price on DTE Energy from $134.00 to $139.00 and gave the stock a “market perform” rating in a report on Friday. TD Cowen assumed coverage on DTE Energy in a report on Tuesday, July 7th. They issued a “hold” rating and a $166.00 target price for the company. Finally, Weiss Ratings cut DTE Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $151.85.

Insider Buying and Selling

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

DTE Energy Stock Performance

Shares of DTE stock traded up $1.57 on Friday, reaching $129.90. The stock had a trading volume of 2,104,253 shares, compared to its average volume of 1,888,912. The stock has a market cap of $27.03 billion, a P/E ratio of 20.55, a price-to-earnings-growth ratio of 2.53 and a beta of 0.36. DTE Energy Company 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 company has a 50 day simple moving average of $131.64 and a 200 day simple moving average of $141.26.

DTE Energy (NYSE:DTE) last released its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $1.32 earnings per share (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 during the quarter, compared to the consensus estimate of $3.36 billion. During the same period in the previous year, the company posted $1.36 EPS. Equities research analysts expect that DTE Energy Company will post 7.70 EPS for the current year.

DTE Energy Company Profile

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.