DT Midstream, Inc. (NYSE:DTM – Free Report) – Investment analysts at US Capital Advisors raised their Q1 2025 EPS estimates for DT Midstream in a research note issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $1.01 per share for the quarter, up from their previous forecast of $0.99. The consensus estimate for DT Midstream’s current full-year earnings is $3.80 per share. US Capital Advisors also issued estimates for DT Midstream’s Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $1.15 EPS, FY2025 earnings at $4.17 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.11 EPS and Q4 2026 earnings at $1.27 EPS.
DTM has been the topic of several other research reports. Stifel Nicolaus decreased their price target on DT Midstream from $106.00 to $102.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Bank of America started coverage on shares of DT Midstream in a research note on Monday. They issued a “buy” rating and a $110.00 target price on the stock. UBS Group started coverage on shares of DT Midstream in a research report on Wednesday, March 12th. They issued a “buy” rating and a $102.00 price target on the stock. Wells Fargo & Company dropped their price objective on shares of DT Midstream from $118.00 to $108.00 and set an “overweight” rating for the company in a report on Friday, February 28th. Finally, Morgan Stanley boosted their target price on DT Midstream from $92.00 to $105.00 and gave the stock an “underweight” rating in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $104.00.
DT Midstream Stock Down 2.2 %
NYSE DTM opened at $98.29 on Tuesday. DT Midstream has a 1-year low of $59.03 and a 1-year high of $114.50. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.61. The stock’s 50 day moving average is $99.65 and its two-hundred day moving average is $95.59. The company has a market capitalization of $9.99 billion, a price-to-earnings ratio of 23.91 and a beta of 0.80.
DT Midstream Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 17th will be given a dividend of $0.82 per share. The ex-dividend date is Monday, March 17th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.34%. This is an increase from DT Midstream’s previous quarterly dividend of $0.74. DT Midstream’s payout ratio is presently 91.11%.
Insider Activity
In other DT Midstream news, Director Robert C. Skaggs, Jr. acquired 1,000 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average cost of $86.92 per share, for a total transaction of $86,920.00. Following the completion of the acquisition, the director now directly owns 38,653 shares of the company’s stock, valued at approximately $3,359,718.76. This represents a 2.66 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought 1,170 shares of company stock valued at $103,357 over the last 90 days. 0.21% of the stock is owned by company insiders.
Institutional Trading of DT Midstream
A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of DT Midstream by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 10,553,782 shares of the company’s stock worth $1,049,363,000 after purchasing an additional 359,017 shares during the last quarter. State Street Corp boosted its holdings in DT Midstream by 6.4% during the third quarter. State Street Corp now owns 3,385,579 shares of the company’s stock worth $268,757,000 after buying an additional 202,447 shares during the last quarter. Deutsche Bank AG boosted its holdings in DT Midstream by 5.5% during the fourth quarter. Deutsche Bank AG now owns 2,831,830 shares of the company’s stock worth $281,569,000 after buying an additional 147,790 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of DT Midstream by 18.7% in the 4th quarter. Geode Capital Management LLC now owns 2,452,948 shares of the company’s stock valued at $243,948,000 after acquiring an additional 386,670 shares during the last quarter. Finally, Blackstone Inc. increased its stake in shares of DT Midstream by 2,783.1% in the 4th quarter. Blackstone Inc. now owns 1,631,285 shares of the company’s stock valued at $162,199,000 after acquiring an additional 1,574,705 shares during the last quarter. Institutional investors and hedge funds own 81.53% of the company’s stock.
DT Midstream Company Profile
DT Midstream, Inc, together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines.
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