DTE Energy (NYSE:DTE) Issues Earnings Results

DTE Energy (NYSE:DTE) posted its quarterly earnings data on Tuesday. The utilities provider reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.13, Briefing.com reports. DTE Energy had a net margin of 9.34% and a return on equity of 12.63%. The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the prior year, the company posted $1.51 EPS. DTE Energy updated its FY 2026 guidance to 7.590-7.730 EPS.

Here are the key takeaways from DTE Energy’s conference call:

• Company beat guidance with $7.36 operating EPS in 2025 and provided 2026 operating EPS guidance of $7.59–$7.73 (6%–8% growth), citing RNG tax credits as a key driver to hit the high end.
• Executed and received approval for a 1.4 GW data center contract (construction started) and has ~3 GW in advanced discussions plus a 3–4 GW pipeline, which management says could materially upswing capital deployment and EPS growth and deliver ~$300M/year of customer affordability benefits at full ramp.
• Five‑year capital plan rose by $6.5 billion to $36.5 billion (including nearly $2 billion of storage for the 1.4 GW deal), and the company plans ~$500–$600M of annual equity issuance (incremental equity ~40% of new CapEx), which increases financing needs and raises dilution/interest expense risk.
• Reliability and clean‑energy execution strengthened — best all‑weather SAIDI in ~20 years (large outage‑duration improvement vs. 2023), ~2,500 MW renewable capacity online, and a target of ~900 MW of renewables per year with ITC safe‑harbor through 2029.
• Material regulatory and execution risks remain — new data center projects require commission approval and IRP inclusion, some local moratoriums and an Attorney General request to review special contracts could delay projects or add oversight (commission has a ~21‑day response window).

DTE Energy Trading Down 0.3%

DTE Energy stock opened at $144.50 on Wednesday. DTE Energy has a 1 year low of $123.69 and a 1 year high of $154.63. The firm’s 50-day moving average is $133.15 and its 200-day moving average is $136.21. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.68 and a current ratio of 1.15. The company has a market cap of $30.01 billion, a P/E ratio of 21.70, a PEG ratio of 2.66 and a beta of 0.49.

DTE Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 16th will be given a $1.165 dividend. This represents a $4.66 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, March 16th. DTE Energy’s dividend payout ratio (DPR) is presently 69.97%.

Hedge Funds Weigh In On DTE Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of DTE. Empowered Funds LLC lifted its holdings in shares of DTE Energy by 200.7% in the 1st quarter. Empowered Funds LLC now owns 9,909 shares of the utilities provider’s stock worth $1,370,000 after purchasing an additional 6,614 shares during the last quarter. Woodline Partners LP increased its position in DTE Energy by 40.8% in the first quarter. Woodline Partners LP now owns 17,509 shares of the utilities provider’s stock worth $2,421,000 after buying an additional 5,072 shares during the period. Intech Investment Management LLC lifted its stake in DTE Energy by 6.5% in the first quarter. Intech Investment Management LLC now owns 12,687 shares of the utilities provider’s stock valued at $1,754,000 after buying an additional 773 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in DTE Energy in the second quarter valued at $203,000. Finally, Jump Financial LLC boosted its holdings in shares of DTE Energy by 154.5% during the second quarter. Jump Financial LLC now owns 12,677 shares of the utilities provider’s stock valued at $1,679,000 after acquiring an additional 7,696 shares during the period. 76.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. BMO Capital Markets lowered their price objective on DTE Energy from $151.00 to $148.00 and set a “market perform” rating for the company in a research note on Wednesday, December 24th. UBS Group dropped their price target on shares of DTE Energy from $155.00 to $151.00 and set a “buy” rating for the company in a research note on Wednesday, December 17th. Jefferies Financial Group upped their price target on shares of DTE Energy from $150.00 to $153.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Scotiabank decreased their price objective on shares of DTE Energy from $147.00 to $146.00 and set a “sector perform” rating for the company in a report on Friday, October 31st. Finally, Citigroup restated a “buy” rating on shares of DTE Energy in a research note on Wednesday. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $147.69.

DTE Energy News Roundup

Here are the key news stories impacting DTE Energy this week:

• Positive Sentiment: Q4 beat and raised FY‑2026 guidance — DTE reported $1.65 EPS vs. $1.52 expected and revenue of $4.43B; management set FY‑2026 EPS guidance of 7.59–7.73, above consensus, supporting upside to earnings outlook. DTE Energy beats fourth-quarter profit estimates (Reuters)
• Positive Sentiment: Data‑center contracts are driving a bigger capital plan and long‑term EPS growth — DTE says data‑center deals expand its capital plan by about $6.5B and it projects ~6%–8% EPS growth through 2030, which underpins higher future rate base and revenue. DTE Energy outlines 6%–8% EPS growth through 2030 (MSN)
• Positive Sentiment: Pipeline of large data‑center deals and higher near‑term spending — DTE secured a landmark Oracle data‑center deal, is nearing a second major center, and raised its 5‑year spending plan ~20% to fund data centers, reliability and grid investments. These contracts are viewed as durable load growth. DTE reports 2025 accomplishments, earnings and investments (PR Newswire)
• Neutral Sentiment: Operational strategy/features: battery storage and grid work get attention — Coverage highlights DTE’s expanding battery storage push and large capital allocation shifts; these are strategic positives but longer‑dated drivers. Is DTE’s Battery Storage Push Quietly Redefining Its Long-Term Capital Allocation Playbook? (Yahoo)
• Neutral Sentiment: Investor materials and call details available — The earnings call transcript and slide deck provide more detail on drivers (weather, commercial load, rate cases, capex phasing); useful for modeling but not an immediate price catalyst by themselves. Q4 2025 Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Major pollution penalty and compliance order — A U.S. court ordered DTE and subsidiaries to pay about $100M for Clean Air Act violations related to a coke facility on Zug Island; local coverage also cites a judge‑ordered figure up to ~$120M for River Rouge‑area violations. This is a one‑time cash hit and raises regulatory/compliance risk. US court orders DTE Energy to pay $100 million (Reuters) Judge orders DTE to pay $120M (Crain’s Detroit)

DTE Energy Company Profile

DTE Energy is an integrated energy company headquartered in Detroit, Michigan, that combines regulated utility operations with non-utility energy businesses. Its regulated subsidiaries operate electric and natural gas utility services that deliver generation, transmission and distribution to residential, commercial and industrial customers. The company’s utility segment focuses on maintaining and upgrading energy delivery infrastructure, ensuring reliable service and meeting regulatory requirements in its service territory.

Beyond its regulated utilities, DTE Energy operates non-utility businesses that develop, own and operate power generation and energy-related projects.