DT Midstream (NYSE:DTM) Price Target Raised to $153.00 at Mizuho

DT Midstream (NYSE:DTM) had its target price increased by investment analysts at Mizuho from $129.00 to $153.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Mizuho’s target price points to a potential upside of 4.00% from the company’s previous close.

Several other equities research analysts have also weighed in on DTM. Morgan Stanley upgraded shares of DT Midstream from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $139.00 to $165.00 in a report on Wednesday, April 22nd. JPMorgan Chase & Co. increased their price objective on shares of DT Midstream from $126.00 to $142.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. UBS Group increased their price objective on shares of DT Midstream from $128.00 to $152.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. The Goldman Sachs Group increased their price objective on shares of DT Midstream from $111.00 to $127.00 and gave the stock a “sell” rating in a research report on Monday, April 20th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of DT Midstream in a research report on Wednesday, January 21st. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $150.75.

DT Midstream Trading Down 0.2%

DTM opened at $147.11 on Tuesday. The firm’s fifty day moving average is $136.36 and its two-hundred day moving average is $125.07. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a market cap of $15.01 billion, a PE ratio of 32.55, a price-to-earnings-growth ratio of 2.97 and a beta of 0.75. DT Midstream has a twelve month low of $98.06 and a twelve month high of $150.45.

DT Midstream (NYSE:DTM) last posted its earnings results on Thursday, April 30th. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.16. The company had revenue of $336.00 million for the quarter, compared to analyst estimates of $313.65 million. DT Midstream had a net margin of 36.28% and a return on equity of 9.53%. During the same period last year, the business posted $1.06 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Equities research analysts anticipate that DT Midstream will post 4.76 EPS for the current year.

Insiders Place Their Bets

In other DT Midstream news, CFO Jeffrey A. Jewell bought 185 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was acquired at an average price of $136.33 per share, with a total value of $25,221.05. Following the completion of the transaction, the chief financial officer owned 89,583 shares in the company, valued at approximately $12,212,850.39. This trade represents a 0.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC bought a new position in DT Midstream in the fourth quarter valued at $28,000. Richardson Financial Services Inc. grew its position in DT Midstream by 62.7% in the fourth quarter. Richardson Financial Services Inc. now owns 244 shares of the company’s stock valued at $29,000 after purchasing an additional 94 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in DT Midstream in the fourth quarter valued at $30,000. Mather Group LLC. bought a new position in DT Midstream in the third quarter valued at $30,000. Finally, Centerpoint Advisors LLC grew its position in DT Midstream by 198.9% in the third quarter. Centerpoint Advisors LLC now owns 269 shares of the company’s stock valued at $30,000 after purchasing an additional 179 shares in the last quarter. Institutional investors own 81.53% of the company’s stock.

DT Midstream Company Profile

DT Midstream Inc (NYSE: DTM) is a midstream energy company that owns and operates infrastructure for gathering, processing and treating hydrocarbons and produced water. Its core business activities encompass natural gas gathering, cryogenic processing, natural gas liquids (NGL) fractionation, and produced-water handling services. These integrated operations enable the company to capture and transport multiple hydrocarbon streams from wellhead to market and to provide essential water management solutions.

The company’s asset footprint is concentrated in the Delaware Basin in West Texas and southeastern New Mexico, where it serves a diverse range of exploration and production customers.