DTE Energy Company (DTE)

Over the past six months, DTE Energy's stock has experienced several notable events and movements. As of September 26, 2025, the stock was up 0.65% over the past 30 days and 10.93% over the past 12 months. On August 20, 2025, DTE's stock reached an all-time high of $142.05. On September 30, 2025, the Michigan Public Service Commission (MPSC) approved several contracts to increase solar energy projects for DTE Electric Co. On October 3, 2025, Scotiabank downgraded DTE Energy from Outperform to Sector Perform. Other news impacting the stock included discussions around renewable energy and battery energy stocks, options strategies, an ex-dividend reminder, and reports on DTE Energy advancing clean energy initiatives and investments. The company's Q2 2025 results led to a marginal dip in stock prices despite an 18.9% year-over-year surge in overall revenues, as operating earnings per share declined by 4.9%.

Demand for DTE Energy's products and services is significantly impacted by seasonality. Electricity sales are heavily influenced by weather patterns, with seasonal peaks typically occurring in the summer months due to increased demand for air conditioning. Natural gas operations are primarily driven by seasonal heating needs, with demand peaking during the winter months. DTE Energy actively manages these seasonal fluctuations through demand response programs.

DTE Energy Co. is a diversified energy company based in Detroit, Michigan, involved in energy-related businesses and services across the United States and Canada. The company operates primarily within the Utilities sector, specifically in the Electric Utilities industry. DTE Energy's core business revolves around the generation, distribution, and sale of electricity and natural gas. DTE Electric generates power from a mix of sources, serving 2.3 million customers in southeastern Michigan. DTE Gas provides natural gas to 1.3 million customers throughout Michigan. DTE Energy's portfolio extends to non-utility operations such as energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects through its DTE Vantage segment.

DTE Energy's primary geographic footprint is in Michigan, where its electric utility serves southeastern Michigan and its natural gas utility serves customers across the state. Beyond Michigan, DTE Energy is involved in energy-related businesses and services nationwide in the United States and in Canada.

DTE Energy's brand reputation in the past year has seen both positive recognition and significant criticism. In October 2024, DTE Energy earned the top score in customer satisfaction for business natural gas service in the Midwest from J.D. Power and was recognized for its corporate citizenship efforts. A report from the Center for Biological Diversity in February 2025 criticized DTE Energy for prioritizing profits over customers, highlighting power shutoffs to delinquent customers and concerns about the company's continued reliance on fossil fuels and unreliability. A Michigan Public Service Commission (MPSC) audit found DTE's record on power outages and restoration times to be worse than average among utilities.

DTE Energy Co. has a significant institutional ownership, with approximately 79.17% to 85.81% of the company's stock held by institutional shareholders. The largest individual shareholder is Vanguard Group Inc., owning 25.96 million shares, representing 12.51% of the company. Other major institutional owners include BlackRock, Inc., Capital Research Global Investors, State Street Corp, and Capital World Investors. Individual investors and public companies hold a smaller portion, while insiders own approximately 0.37% to 1.40% of the company.