DT Midstream, Inc. $DTM Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company decreased its holdings in shares of DT Midstream, Inc. (NYSE:DTM) by 4.2% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 90,943 shares of the company’s stock after selling 3,981 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.09% of DT Midstream worth $12,247,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Principal Financial Group Inc. raised its holdings in shares of DT Midstream by 2.6% in the fourth quarter. Principal Financial Group Inc. now owns 513,541 shares of the company’s stock worth $61,462,000 after buying an additional 13,212 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of DT Midstream by 6.9% during the fourth quarter. Deutsche Bank AG now owns 3,090,365 shares of the company’s stock valued at $369,855,000 after buying an additional 200,114 shares during the last quarter. UBS Group AG grew its holdings in shares of DT Midstream by 9.1% during the fourth quarter. UBS Group AG now owns 528,575 shares of the company’s stock valued at $63,260,000 after buying an additional 44,233 shares during the last quarter. Eventide Asset Management LLC increased its position in shares of DT Midstream by 115.4% in the 4th quarter. Eventide Asset Management LLC now owns 394,724 shares of the company’s stock valued at $47,266,000 after acquiring an additional 211,471 shares during the period. Finally, CWM LLC increased its position in shares of DT Midstream by 518.0% in the 4th quarter. CWM LLC now owns 34,544 shares of the company’s stock valued at $4,134,000 after acquiring an additional 28,954 shares during the period. 81.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on DTM. Scotiabank began coverage on DT Midstream in a research report on Tuesday, May 26th. They set an “outperform” rating and a $176.00 price target for the company. UBS Group raised their price objective on DT Midstream from $152.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Morgan Stanley lifted their target price on DT Midstream from $165.00 to $170.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. increased their price target on shares of DT Midstream from $146.00 to $154.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Finally, Mizuho reduced their price target on shares of DT Midstream from $153.00 to $147.00 and set a “neutral” rating for the company in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $154.08.

Key DT Midstream News

Here are the key news stories impacting DT Midstream this week:

• Positive Sentiment: DT Midstream reported second-quarter adjusted EBITDA of $305 million and revenue of $332.57 million, exceeding analysts’ $325.84 million estimate. Net income was $112 million, or $1.09 per diluted share, up from $1.04 a year earlier. DT Midstream Reports Strong Second Quarter 2026 Results
• Positive Sentiment: The company declared a quarterly dividend of $0.88 per share, equivalent to approximately $3.52 annually and a 2.6% yield. Investors of record on September 21 will receive payment on October 15.
• Positive Sentiment: US Capital Advisors modestly raised its long-term EPS forecasts to $5.24 for fiscal 2027 and $5.55 for fiscal 2028, indicating expectations for continued earnings growth beyond 2026.
• Neutral Sentiment: Mizuho lowered its price target from $153 to $147 and assigned a “neutral” rating. The revised target still implies upside from the reported $138.13 share price, but the reduction signals less near-term appreciation potential.
• Negative Sentiment: Quarterly EPS of $1.09 fell short of the $1.17 consensus estimate by $0.08, despite the revenue beat. This earnings shortfall may weigh on the stock’s valuation.
• Negative Sentiment: Fiscal 2026 EPS guidance of $4.42–$4.82 has a midpoint of $4.62, below the approximately $4.78 analyst consensus, suggesting limited near-term earnings upside.

DT Midstream Stock Performance

NYSE DTM opened at $138.13 on Monday. The firm has a market capitalization of $14.09 billion, a P/E ratio of 30.23, a PEG ratio of 3.02 and a beta of 0.72. The stock has a 50-day simple moving average of $143.79 and a two-hundred day simple moving average of $137.94. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.37 and a current ratio of 1.37. DT Midstream, Inc. has a fifty-two week low of $99.81 and a fifty-two week high of $152.88.

DT Midstream (NYSE:DTM) last posted its earnings results on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.17 by ($0.08). DT Midstream had a return on equity of 9.58% and a net margin of 35.72%.The company had revenue of $332.57 million for the quarter, compared to analyst estimates of $325.84 million. During the same period last year, the business earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, equities analysts forecast that DT Midstream, Inc. will post 4.73 earnings per share for the current year.

DT Midstream Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be given a dividend of $0.88 per share. The ex-dividend date is Monday, September 21st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.5%. DT Midstream’s dividend payout ratio (DPR) is 77.88%.

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.