Zacks Research Forecasts DTE Energy’s Q1 Earnings (NYSE:DTE)

DTE Energy (NYSE:DTE) – Analysts at Zacks Research upped their Q1 2025 EPS estimates for DTE Energy in a report issued on Thursday, March 6th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $1.88 for the quarter, up from their prior estimate of $1.82. The consensus estimate for DTE Energy’s current full-year earnings is $7.18 per share. Zacks Research also issued estimates for DTE Energy’s Q2 2025 earnings at $1.56 EPS, Q4 2025 earnings at $2.05 EPS, FY2026 earnings at $7.67 EPS and FY2027 earnings at $8.30 EPS.

DTE Energy (NYSE:DTE) last announced its earnings results on Thursday, February 13th. The utilities provider reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.01. DTE Energy had a net margin of 11.27% and a return on equity of 12.42%.

Several other equities research analysts also recently weighed in on the stock. UBS Group upgraded shares of DTE Energy from a “neutral” rating to a “buy” rating and raised their target price for the company from $129.00 to $143.00 in a research note on Tuesday, December 3rd. Guggenheim upgraded shares of DTE Energy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. BMO Capital Markets raised their target price on shares of DTE Energy from $125.00 to $135.00 and gave the company a “market perform” rating in a research note on Tuesday, February 18th. Morgan Stanley lowered their target price on shares of DTE Energy from $131.00 to $128.00 and set an “overweight” rating for the company in a research note on Friday, November 22nd. Finally, StockNews.com raised shares of DTE Energy from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, DTE Energy currently has a consensus rating of “Moderate Buy” and an average target price of $135.67.

DTE Energy Price Performance

Shares of DTE opened at $130.37 on Friday. The company has a market cap of $27.02 billion, a price-to-earnings ratio of 19.26, a price-to-earnings-growth ratio of 2.41 and a beta of 0.68. DTE Energy has a twelve month low of $103.06 and a twelve month high of $136.28. The company has a quick ratio of 0.46, a current ratio of 0.71 and a debt-to-equity ratio of 1.77. The company has a 50 day moving average of $124.41 and a two-hundred day moving average of $124.10.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Mizuho Securities USA LLC grew its position in DTE Energy by 44,009.5% during the third quarter. Mizuho Securities USA LLC now owns 7,039,000 shares of the utilities provider’s stock valued at $903,878,000 after buying an additional 7,023,042 shares during the period. Capital World Investors grew its position in DTE Energy by 123.2% during the fourth quarter. Capital World Investors now owns 6,823,231 shares of the utilities provider’s stock valued at $823,905,000 after buying an additional 3,766,221 shares during the period. Vanguard Group Inc. grew its position in DTE Energy by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 25,286,380 shares of the utilities provider’s stock valued at $3,053,330,000 after buying an additional 879,670 shares during the period. Balyasny Asset Management L.P. grew its position in DTE Energy by 1,794.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 920,569 shares of the utilities provider’s stock valued at $111,159,000 after buying an additional 871,978 shares during the period. Finally, AQR Capital Management LLC grew its position in DTE Energy by 750.0% during the fourth quarter. AQR Capital Management LLC now owns 964,655 shares of the utilities provider’s stock valued at $116,482,000 after buying an additional 851,169 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

Insider Buying and Selling

In related news, SVP Joann Chavez sold 7,062 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $132.40, for a total transaction of $935,008.80. Following the completion of the transaction, the senior vice president now owns 14,067 shares of the company’s stock, valued at $1,862,470.80. This trade represents a 33.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Matthew T. Paul sold 3,801 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $129.56, for a total transaction of $492,457.56. Following the transaction, the chief operating officer now directly owns 6,951 shares of the company’s stock, valued at approximately $900,571.56. This trade represents a 35.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,877 shares of company stock valued at $1,559,205 over the last 90 days. Insiders own 0.61% of the company’s stock.

DTE Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 17th will be issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $4.36 annualized dividend and a dividend yield of 3.34%. DTE Energy’s dividend payout ratio (DPR) is presently 64.40%.

About DTE Energy

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.