Inside the research
DTE Energy Company
DTE Research profile · latest available data
Price overview
$121.44
▲ +0.26 (+0.2%)
| 52w hi | $153.03 |
|---|---|
| 52w lo | $121.18 |
| Vol | 1.94M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.54
| Short | -0.30 |
|---|---|
| Medium | -0.79 |
| Long | -0.54 |
computed 2026-09-27
Key fundamentals
DTE Energy Company
Utilities · Utilities - Regulated Electric
| Market cap | $25.27B |
|---|---|
| Enterprise value | $53.07B |
| Trailing P/E | 19.25x |
| Forward P/E | 14.52x |
| EV / EBITDA | 14.67x |
| P / S (ttm) | 1.53x |
| Profit margin | 8.0% |
| Return on equity | 11.0% |
| Revenue growth | -1.5% |
| Earnings growth | +22.4% |
| Debt / equity | 229.06 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.20 | |
| Sector | -0.10 | |
| Technical | -0.46 | |
| Earnings | +0.00 | |
| Sentiment | +0.20 |
macro × 1.00 · 2026-09-27
Business overview
DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.
Risk Metrics
| Beta vs SPX | 0.16 |
|---|---|
| Corr SPX | 0.15 |
| Annual vol | 17.6% |
| Annual ret | +0.1% |
| Sharpe | 0.00 |
| Max DD | -21.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $160.68 |
|---|---|
| High / Low | $168.00 / $149.00 |
| Median | $161.00 |
| Analysts | 14 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 9 | |
| Hold | 6 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-04 | Barclays | → Equal-Weight |
| 2026-04-21 | Truist Securities | → Buy |
| 2026-04-21 | Morgan Stanley | → Overweight |
| 2026-03-26 | BMO Capital | → Market Perform |
| 2026-03-18 | Barclays | → Equal-Weight |
| 2026-02-18 | Mizuho | → Outperform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-31 | Earnings Release, Exhibits | read |
| 2026-07-28 | Earnings Release, Reg FD Disclosure… | read |
| 2026-06-22 | Reg FD Disclosure, Exhibits | read |
| 2026-06-18 | Other Material Event, Exhibits | read |
| 2026-06-05 | Reg FD Disclosure, Exhibits | read |
| 2026-05-15 | Reg FD Disclosure, Exhibits | read |
| 2026-05-12 | Shareholder Vote, Exhibits | read |
| 2026-05-01 | Earnings Release, Exhibits | read |
| 2026-04-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-03-23 | Reg FD Disclosure, Exhibits | read |
| 2026-03-17 | Material Agreement | read |
| 2026-03-09 | Reg FD Disclosure, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-14 | Muschong Lisa A. | VP, Corp Sec & Chief of S | Sell | 1.00K | $143.72K |
| 2026-05-08 | MCGOVERN GAIL J | Option exercise | 1.22K | — | |
| 2026-05-08 | MCGOVERN GAIL J | Disposal | 1.22K | $171.35K |
Flow & Concentration
| Insider 180d net | -$143.72K |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 98.6% |
| HHI | 5,536 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $1.72B | 11.23M |
| AQR Capital Management | $397.14M | 2.61M |
| Capital Research / Capital World | $137.50M | 902.44K |
| Fidelity / FMR LLC | $54.07M | 354.88K |
| Renaissance Technologies | $40.58M | 266.30K |
| Citadel Advisors | $25.83M | 169.50K |
| Millennium Management | $7.56M | 49.60K |
| T. Rowe Price Group | $169.56K | 1.11M |
As of 2026-06-30
Connections
Subsidiarys: DTE Electric CompanyDTE GasDTE VantageDTE Energy Trading
Dividends
| Yield (TTM) | 1.92% |
|---|---|
| $ / share (TTM) | $2.33 |
| 5y CAGR | +4.8% |
Annual dividend per share
| 2021 | $3.56 |
|---|---|
| 2022 | $3.61 |
| 2023 | $3.88 |
| 2024 | $4.15 |
| 2025 | $4.44 |
| 2026 | $1.17 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $10.34B | +35.6% | |
| Operating income | $2.09B | +1.7% | |
| Net income | $1.40B | +6.3% | |
| Cash from ops | $3.41B | +5.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $121.06 | $121.47 | $120.24 | $121.44 | 1.94M |
| Sep 24 | $123.53 | $124.13 | $121.05 | $121.18 | 1.68M |
| Sep 23 | $125.00 | $125.29 | $122.50 | $122.89 | 1.85M |
| Sep 22 | $126.18 | $126.77 | $125.13 | $125.41 | 2.68M |
| Sep 21 | $127.26 | $127.49 | $125.76 | $126.13 | 2.18M |
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