diff --git a/homeassistant/components/template/entity.py b/homeassistant/components/template/entity.py
index 481db182713..31c48917a1f 100644
--- a/homeassistant/components/template/entity.py
+++ b/homeassistant/components/template/entity.py
@@ -6,7 +6,7 @@ from typing import Any
 
 from homeassistant.const import CONF_DEVICE_ID
 from homeassistant.core import Context, HomeAssistant, callback
-from homeassistant.helpers.device import async_device_info_to_link_from_device_id
+from homeassistant.helpers import device_registry as dr
 from homeassistant.helpers.entity import Entity, async_generate_entity_id
 from homeassistant.helpers.script import Script, _VarsType
 from homeassistant.helpers.template import TemplateStateFromEntityId
@@ -31,10 +31,9 @@ class AbstractTemplateEntity(Entity):
                 self._entity_id_format, object_id, hass=self.hass
             )
 
-        self._attr_device_info = async_device_info_to_link_from_device_id(
-            self.hass,
-            config.get(CONF_DEVICE_ID),
-        )
+        device_registry = dr.async_get(hass)
+        if (device_id := config.get(CONF_DEVICE_ID)) is not None:
+            self.device_entry = device_registry.async_get(device_id)
 
     @property
     @abstractmethod
diff --git a/tests/components/template/test_init.py b/tests/components/template/test_init.py
index cab940d4c66..0d593da9fba 100644
--- a/tests/components/template/test_init.py
+++ b/tests/components/template/test_init.py
@@ -9,7 +9,7 @@ from homeassistant import config
 from homeassistant.components.template import DOMAIN
 from homeassistant.const import SERVICE_RELOAD
 from homeassistant.core import HomeAssistant
-from homeassistant.helpers import device_registry as dr
+from homeassistant.helpers import device_registry as dr, entity_registry as er
 from homeassistant.setup import async_setup_component
 from homeassistant.util import dt as dt_util
 
@@ -369,6 +369,7 @@ async def async_yaml_patch_helper(hass: HomeAssistant, filename: str) -> None:
 async def test_change_device(
     hass: HomeAssistant,
     device_registry: dr.DeviceRegistry,
+    entity_registry: er.EntityRegistry,
     config_entry_options: dict[str, str],
     config_user_input: dict[str, str],
 ) -> None:
@@ -379,6 +380,19 @@ async def test_change_device(
     changed in the integration options.
     """
 
+    def check_template_entities(
+        template_entity_id: str,
+        device_id: str | None = None,
+    ) -> None:
+        """Check that the template entity is linked to the correct device."""
+        template_entity_ids: list[str] = []
+        for template_entity in entity_registry.entities.get_entries_for_config_entry_id(
+            template_config_entry.entry_id
+        ):
+            template_entity_ids.append(template_entity.entity_id)
+            assert template_entity.device_id == device_id
+        assert template_entity_ids == [template_entity_id]
+
     # Configure devices registry
     entry_device1 = MockConfigEntry()
     entry_device1.add_to_hass(hass)
@@ -413,9 +427,14 @@ async def test_change_device(
     assert await hass.config_entries.async_setup(template_config_entry.entry_id)
     await hass.async_block_till_done()
 
-    # Confirm that the config entry has been added to the device 1 registry (current)
-    current_device = device_registry.async_get(device_id=device_id1)
-    assert template_config_entry.entry_id in current_device.config_entries
+    template_entity_id = f"{config_entry_options['template_type']}.my_template"
+
+    # Confirm that the template config entry has not been added to either device
+    # and that the entities are linked to device 1
+    for device_id in (device_id1, device_id2):
+        device = device_registry.async_get(device_id=device_id)
+        assert template_config_entry.entry_id not in device.config_entries
+    check_template_entities(template_entity_id, device_id1)
 
     # Change config options to use device 2 and reload the integration
     result = await hass.config_entries.options.async_init(
@@ -427,13 +446,12 @@ async def test_change_device(
     )
     await hass.async_block_till_done()
 
-    # Confirm that the config entry has been removed from the device 1 registry
-    previous_device = device_registry.async_get(device_id=device_id1)
-    assert template_config_entry.entry_id not in previous_device.config_entries
-
-    # Confirm that the config entry has been added to the device 2 registry (current)
-    current_device = device_registry.async_get(device_id=device_id2)
-    assert template_config_entry.entry_id in current_device.config_entries
+    # Confirm that the template config entry has not been added to either device
+    # and that the entities are linked to device 2
+    for device_id in (device_id1, device_id2):
+        device = device_registry.async_get(device_id=device_id)
+        assert template_config_entry.entry_id not in device.config_entries
+    check_template_entities(template_entity_id, device_id2)
 
     # Change the config options to remove the device and reload the integration
     result = await hass.config_entries.options.async_init(
@@ -445,9 +463,12 @@ async def test_change_device(
     )
     await hass.async_block_till_done()
 
-    # Confirm that the config entry has been removed from the device 2 registry
-    previous_device = device_registry.async_get(device_id=device_id2)
-    assert template_config_entry.entry_id not in previous_device.config_entries
+    # Confirm that the template config entry has not been added to either device
+    # and that the entities are not linked to any device
+    for device_id in (device_id1, device_id2):
+        device = device_registry.async_get(device_id=device_id)
+        assert template_config_entry.entry_id not in device.config_entries
+    check_template_entities(template_entity_id, None)
 
     # Confirm that there is no device with the helper config entry
     assert (