DTE Energy Co (NYSE: DTE) is 9.36% higher on its value in year-to-date trading and has touched a low of $103.06 and a high of $136.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DTE stock was last observed hovering at around $131.94 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $132.05, the stock is 2.21% and 6.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 0.08% at the moment leaves the stock 8.95% off its SMA200. DTE registered 22.14% gain for a year compared to 6-month loss of 5.62%.
The stock witnessed a 9.22% gain in the last 1 month and extending the period to 3 months gives it a 4.98%, and is -0.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.05% over the week and 1.84% over the month.
DTE Energy Co (DTE) has around 9500 employees, a market worth around $27.37B and $12.34B in sales. Current P/E ratio is 19.51 and Fwd P/E is 17.05. Profit margin for the company is 11.35%. Distance from 52-week low is 28.13% and -3.10% from its 52-week high. The company has generated returns on investments over the last 12 months (4.30%).
with sales reaching $3.27B over the same period.The EPS is expected to grow by 5.65% this year, but quarterly earnings will post 7.32% year-over-year. Quarterly sales are estimated to grow 1.04% in year-over-year returns.
The shares outstanding are 207.17M, and float is at 206.47M with Short Float at 1.74%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 25.49 million shares valued at $2.83 billion. The investor’s holdings represent 12.3728 of the DTE Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 21.67 million shares valued at $2.41 billion to account for 10.4673 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 16.89 million shares representing 8.2008 and valued at over $1.88 billion, while STATE STREET CORP holds 4.6043 of the shares totaling 9.53 million with a market value of $1.07 billion.
DTE Energy Co (DTE) Insider Activity
A total of 0 insider transactions have happened at DTE Energy Co (DTE) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Chavez JoAnn, the company’s Sr VP & Chief Legal Officer. SEC filings show that Chavez JoAnn sold 7,062 shares of the company’s common stock on Feb 24 ’25 at a price of $132.40 per share for a total of $0.94 million. Following the sale, the insider now owns 14067.0 shares.
Still, SEC filings show that on Feb 19 ’25, Myrick Tracy J (Chief Accounting Officer) disposed off 1,014 shares at an average price of $129.92 for $0.13 million. The insider now directly holds 3,437 shares of DTE Energy Co (DTE).
DTE Energy Co (DTE): Who are the competitors?
One of the company’s main competitors (and peers) include NextEra Energy Inc. (NEE) that is trading 26.92% up over the past 12 months.Southern Co. (SO) lies in the list of competitors of the DTE Energy Co and is 29.27% higher over the same period from DTEDominion Energy Inc. (D) is 14.86% up on the 1-year trading charts.
