DTE Energy
About: DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.
Employees: 9,500
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
67% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 5 (+2) [Q4]
56% more repeat investments, than reductions
Existing positions increased: 360 | Existing positions reduced: 231
53% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 73
50% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $17.2M
3% more funds holding
Funds holding: 833 [Q3] → 856 (+23) [Q4]
0.32% more ownership
Funds ownership: 76.67% [Q3] → 76.99% (+0.32%) [Q4]
5% less capital invested
Capital invested by funds: $20.4B [Q3] → $19.3B (-$1.11B) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
BMO Capital James Thalacker 78% 1-year accuracy 59 / 76 met price target | 4%upside $142 | Market Perform Maintained | 21 Apr 2025 |
Guggenheim Shahriar Pourreza 52% 1-year accuracy 12 / 23 met price target | 7%upside $147 | Buy Maintained | 21 Mar 2025 |
Morgan Stanley David Arcaro 48% 1-year accuracy 22 / 46 met price target | 1%downside $136 | Overweight Maintained | 20 Mar 2025 |
Barclays Nicholas Campanella 58% 1-year accuracy 46 / 80 met price target | 1%downside $135 | Equal-Weight Downgraded | 20 Feb 2025 |
Financial journalist opinion
Based on 12 articles about DTE published over the past 30 days
