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Meritage Portfolio Management Acquires New Holdings in DTE Energy Company $DTE
Meritage Portfolio Management has initiated a new position in DTE Energy Company (NYSE:DTE), purchasing 21,640 shares valued at approximately $2.79 million in Q4. This move is part of a broader trend of institutional investors increasing their stakes, with overall institutional ownership now at 76.06%. Analysts maintain a “Moderate Buy” consensus rating for DTE Energy, with an average price target of $155.23, following the company’s Q4 earnings beat and a declared annual dividend of $4.66.