DTE
DTE ENERGY COEvidence as of 2026-10-16The desk's Snapshot
3 of 15 open to everyone · members see allRead the full desk report on DTE
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Overview · DTE ENERGY CO
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates approximatel…
Management team
- Mr. Mark W. Stiers · President of DTE Vantage & Energy TradingFind on LinkedIn
- Mr. David S. Ruud · Executive VP & CFOFind on LinkedIn
- Ms. Joi M. Harris · President & COOFind on LinkedIn
- Mr. Trevor F. Lauer · Vice Chairman & Group PresidentFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
−0.4 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
The evidence balance is Mixed ( -0.4 of a possible +2; was -0.4 before debate) · confidence high. Reported common shares outstanding rose from 207,242,390 as of 2024-12-31 to 208,028,313 as of 2026-03-31. Diluted EPS fell from $ 2.14 in the fiscal quarter Q1 2025 (fiscal quarter ended 2025-03-31) to $ 1.19 in the fiscal quarter Q1 2026 (fiscal quarter ended 2026-03-31), and reported net income for Q1 2025 was $ 445,000,000 versus $ 247,000,000 for Q1 2026.
Balance-sheet and market metrics co-exist with those income declines: total assets increased from $ 49,555,000,000 as of 2025-03-31 to $ 55,108,000,000 as of 2026-03-31, long-term debt was $ 25,306,000,000 as of 2025-12-31, trailing twelve-month P/E is 19.93 with EPS (TTM) of 6.44, EV / EBITDA (TTM) is 13.53 on enterprise value $ 51,764,273,407, and the TTM dividend yield is 4.15%.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Entity common shares outstanding increased from 207,242,390 as of 2024-12-31 to 208,028,313 as of 2026-03-31.
XBRL companyfacts · 0000936340-25-000065Diluted earnings per share fell from $2.14 in the fiscal quarter Q1 2025 (2025-01-01 to 2025-03-31, 3mo) to $1.19 in the fiscal quarter Q1 2026 (2026-01-01 to 2026-03-31, 3mo).
XBRL companyfacts · 0000936340-25-000097Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
In the Form 10-Q filed 2026-07-28, DTE Energy reported net income attributable to DTE Energy Company of $282 million for the three months ended June 30, 2026 and $529 million for the six months ended June 30, 2026, with diluted EPS of $1.35 and $2.53 for the three‑ and six‑month periods, respectively.
10-Q filed 2026-07-28The risk-factor diff between the 2025 Form 10-K and the 2026 Form 10-K (filed 2026-02-17) shows an added risk stating that "DTE Energy's ability to utilize tax credits may be limited," citing potential disallowance by the IRS or changes in tax law as a source of additional tax liabilities (accession compared in the 10-K filed 17 February 2026 vs prior the 10-K filed 13 February 2025).
10-K filed 2026-02-17Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
Three-month momentum is -13.4% and six-month momentum is -12.7%.
Moneyta signal set · 2026-10-15weakened in debateTwelve-month momentum (12_1) is -2.6% and the 12-month relative strength vs SPY is -25.1%.
Moneyta signal set · 2026-10-15weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
13F-reportable institutional holders reported a total position value of $25.28B as of 2026-06-30; the 13F data notes a 45-day reporting lag.
13F holdings · 1037 filers · as of 2026-06-30BlackRock, Inc. was the largest reported 13F holder at $3.92B as of 2026-06-30, with its reported value changing +19.4% quarter-over-quarter; Vanguard Capital Management LLC reported $1.91B (+4.9% qoq) and Capital Research Global Investors reported $1.90B (-8.4% qoq).
13F holdings · 1037 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple outlets ran a story (same headline) emphasizing data-center demand and reporting that DTE signed agreements with Oracle and Google, framing those deals as material to its earnings outlook.
News · aol.com · 2026-10-15The same data‑center story was carried by at least two other distinct outlets under the identical headline, indicating syndicated or widely redistributed coverage.
News · finance.yahoo.com · 2026-10-15Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Trevor F. Lauer (Vice Chairman & Group Pres.) sold 5,000 shares for "$679k" on 2026-09-01 as reported in the filing.
Form 4 · Lauer Trevor F (Vice Chairman & Group Pres.) · $679k sold · 2026-09-01Lisa A. Muschong (VP, Corp Sec & Chief of Staff) sold 1,000 shares for "$144k" on 2026-05-14 as reported in the filing.
Form 4 · Muschong Lisa A. (VP, Corp Sec & Chief of Staff) · $144k sold · 2026-05-14Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
Share price used in this analysis is 128.33 on 2026-10-15.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve-month price / earnings (P/E) is 19.93 with EPS (TTM) of 6.44.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
The balance-sheet and corporate-investment evidence provide the strongest bullish signals in the record: total assets rose materially from $49.6B (2025-03-31) to $55.1B (2026-03-31), and management disclosed a large, specific $34.5B capital plan for 2026–2030 (DTE Electric ~$30B; DTE Gas ~$4.5B) which aligns with reported utility-scale wins (data‑center agreements with Oracle and Google) and recent clean‑energy project completion (100 MW Cold Creek Solar Park). Recent filings also show positive reported net income for the second quarter of 2026 ($282M for Q2; $529M YTD) and a healthy TTM dividend yield (4.15%, high percentile), supported by sizable institutional ownership (13F positions totaling $25.28B with major holders like BlackRock and Vanguard). These items are direct, company-sourced disclosures and syndicated coverage that jointly support a favorable operational and capital‑deployment narrative. The bear points (quarterly EPS and net‑income year-over-year declines, added risk‑factor language, negative short-term price momentum, insider sales, and high leverage vs cash) rest on narrower or potentially episodic signals in the evidence: the YoY EPS/net‑income comparisons reference single-quarter swings, the new 10‑K risk language is broad and typical for utilities in volatile commodity and labor environments, and insider selling is small in aggregate and lacks evidence of trading plans; therefore, the weight of the strongest, repeatedly reported company-level evidence favors a constructive read of DTE's asset base, planned investment runway, institutional support, and operational wins.
Chair's verdict, claim by claim
Fragility · computed, not argued
diversified0.29
40 surviving claims rest on 21 distinct sources; the heaviest analyst carries 18% of them, and 98% of what the desk raised survived the debate.
The read rests on a reasonably broad base of sources, which lends it credibility, but a single analyst accounts for a notable share of the surviving claims so analyst framing could sway interpretations. The high survival rate from the desk debate suggests internal consistency in the evidence set, yet source concentration and the reliance on filings for key items mean isolated new disclosures could materially change which claims hold up.
Peer context · computed, not argued
12-1 momentum ranks 12th of 16 in Utilities—Regulated Electric (as of 2026-10-15).
6-month relative strength ranks 12th of 16 in Utilities—Regulated Electric (as of 2026-10-15).
90-day volatility ranks 10th of 16 in Utilities—Regulated Electric (as of 2026-10-15).
dividend yield ranks 2nd of 16 in Utilities—Regulated Electric (as of 2026-10-15).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
14 filings· 3 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer+0.0 to the score
13 documents· 4 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes−0.1 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.0 to the score
3 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.6 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
7 filings· 2 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state, with stated and inferred flags kept apart.
Read by Talbot−0.8 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on DTE Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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Educational analysis of published data. Moneyta does not give investment advice or make recommendations.