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
Vol1.94M
As of25 Sep 2026

The Verdict

Sell

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/E19.25x
Forward P/E14.52x
EV / EBITDA14.67x
P / S (ttm)1.53x
Profit margin8.0%
Return on equity11.0%
Revenue growth-1.5%
Earnings growth+22.4%
Debt / equity229.06

Layer Breakdown

LayerRawContribution
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.

United States · www.dteenergy.com

Risk Metrics

Beta vs SPX0.16
Corr SPX0.15
Annual vol17.6%
Annual ret+0.1%
Sharpe0.00
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
Analysts14
Strong Buy2
Buy9
Hold6
Sell0
Strong Sell0

Recent rating actions

2026-05-04Barclays→ Equal-Weight
2026-04-21Truist Securities→ Buy
2026-04-21Morgan Stanley→ Overweight
2026-03-26BMO Capital→ Market Perform
2026-03-18Barclays→ Equal-Weight
2026-02-18Mizuho→ Outperform

Material Events

DateEvent8-K
2026-07-31Earnings Release, Exhibitsread
2026-07-28Earnings Release, Reg FD Disclosure…read
2026-06-22Reg FD Disclosure, Exhibitsread
2026-06-18Other Material Event, Exhibitsread
2026-06-05Reg FD Disclosure, Exhibitsread
2026-05-15Reg FD Disclosure, Exhibitsread
2026-05-12Shareholder Vote, Exhibitsread
2026-05-01Earnings Release, Exhibitsread
2026-04-30Earnings Release, Reg FD Disclosure…read
2026-03-23Reg FD Disclosure, Exhibitsread
2026-03-17Material Agreementread
2026-03-09Reg FD Disclosure, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-05-14Muschong Lisa A.VP, Corp Sec & Chief of SSell1.00K$143.72K
2026-05-08MCGOVERN GAIL JOption exercise1.22K—
2026-05-08MCGOVERN GAIL JDisposal1.22K$171.35K

Flow & Concentration

Insider 180d net-$143.72K
Insider buys / sells0 / 1
Insider biasNeutral
13F holders8
Top-5 share98.6%
HHI5,536 (concentrated)

Top Holders

HolderValueShares
State Street Corp$1.72B11.23M
AQR Capital Management$397.14M2.61M
Capital Research / Capital World$137.50M902.44K
Fidelity / FMR LLC$54.07M354.88K
Renaissance Technologies$40.58M266.30K
Citadel Advisors$25.83M169.50K
Millennium Management$7.56M49.60K
T. Rowe Price Group$169.56K1.11M

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

DateFormDoc
2026-07-318-Kview
2026-07-2810-Qview
2026-07-288-Kview
2026-07-024view
2026-07-024view
2026-06-303view
2026-06-303view
2026-06-2311-Kview
2026-06-228-Kview
2026-06-188-Kview
2026-06-10424B2view
2026-06-09424B5view
2026-06-058-Kview
2026-05-154view
2026-05-158-Kview

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
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

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$121.06$121.47$120.24$121.441.94M
Sep 24$123.53$124.13$121.05$121.181.68M
Sep 23$125.00$125.29$122.50$122.891.85M
Sep 22$126.18$126.77$125.13$125.412.68M
Sep 21$127.26$127.49$125.76$126.132.18M

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