New insider activity at DTE Energy ( (DTE) ) has taken place on February 26, 2025.
JoAnn Chavez, the Senior Vice President and Chief Legal Officer of DTE Energy, has recently sold 7,062 shares of the company’s stock. This transaction is valued at a substantial $935,008.
Recent Updates on DTE stock
In the last 24 hours, DTE Energy has seen a mix of analyst actions following its Q4 earnings report. Barclays downgraded DTE Energy to Equal Weight from Overweight, citing the need for the company to address the renewable natural gas tax credit roll-off, which will require accelerated rate base growth and increased leverage. Meanwhile, BMO Capital raised its price target for DTE Energy, expressing confidence in the management’s ability to deliver growth at the higher end of its 6%-8% outlook. Guggenheim also raised its price target, highlighting DTE’s strong Q4 EPS performance and the company’s strategic focus on regulated investments and the sunsetting of the 45Z credit. DTE Energy’s recent earnings report showcased significant investments in infrastructure and customer support, contributing to improved service reliability and financial performance, with a positive outlook for continued growth and sustainability efforts.
More about DTE Energy
YTD Price Performance: 9.34%
Average Trading Volume: 1,206,858
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $27.43B