Wells Fargo & Company Issues Positive Forecast for DT Midstream (NYSE:DTM) Stock Price

DT Midstream (NYSE:DTM) had its price objective raised by equities researchers at Wells Fargo & Company from $165.00 to $167.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would indicate a potential upside of 33.02% from the stock’s previous close.

Several other analysts have also issued reports on DTM. The Goldman Sachs Group reiterated a “sell” rating and set a $121.00 target price on shares of DT Midstream in a report on Wednesday, October 14th. Bank of America reissued a “buy” rating on shares of DT Midstream in a research report on Monday. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 price target on shares of DT Midstream in a research note on Thursday, October 15th. Wall Street Zen lowered DT Midstream from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Finally, JPMorgan Chase & Co. lifted their target price on shares of DT Midstream from $146.00 to $154.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $151.50.

DT Midstream Trading Down 1.1%

Shares of DT Midstream stock traded down $1.44 during trading on Friday, reaching $125.55. 273,628 shares of the company were exchanged, compared to its average volume of 838,750. DT Midstream has a twelve month low of $108.13 and a twelve month high of $152.88. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 1.74 and a beta of 0.72. The business has a 50-day moving average price of $125.78 and a 200-day moving average price of $134.58.

DT Midstream (NYSE:DTM) last issued its quarterly earnings data on Thursday, October 29th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.03. DT Midstream had a net margin of 35.72% and a return on equity of 9.58%. The company had revenue of $336.00 million during the quarter, compared to the consensus estimate of $337.63 million. During the same quarter in the prior year, the firm earned $1.13 earnings per share. Sell-side analysts anticipate that DT Midstream will post 4.68 EPS for the current fiscal year.

Institutional Investors Weigh In On DT Midstream

A number of large investors have recently added to or reduced their stakes in the company. Glenmede Trust Co. NA boosted its position in shares of DT Midstream by 0.4% during the first quarter. Glenmede Trust Co. NA now owns 24,685 shares of the company’s stock valued at $3,324,000 after purchasing an additional 89 shares in the last quarter. North Dakota State Investment Board boosted its stake in DT Midstream by 3.2% during the third quarter. North Dakota State Investment Board now owns 3,115 shares of the company’s stock worth $372,000 after buying an additional 97 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of DT Midstream by 1.0% during the 3rd quarter. Quadrant Capital Group LLC now owns 10,375 shares of the company’s stock worth $1,313,000 after acquiring an additional 98 shares during the last quarter. Root Financial Partners LLC increased its stake in DT Midstream by 30.9% in the 1st quarter. Root Financial Partners LLC now owns 432 shares of the company’s stock worth $58,000 after buying an additional 102 shares during the period. Finally, Center for Financial Planning Inc. boosted its holdings in shares of DT Midstream by 4.4% in the third quarter. Center for Financial Planning Inc. now owns 2,497 shares of the company’s stock valued at $298,000 after purchasing an additional 106 shares during the period. Institutional investors own 81.53% of the company’s stock.

Trending Headlines about DT Midstream

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

• Positive Sentiment: Quarterly earnings beat expectations. DT Midstream reported third-quarter net income and operating earnings of $118 million, or $1.16 per diluted share, compared with the $1.13 consensus estimate. Adjusted EBITDA was $301 million, while net margin reached 35.72%. DT Midstream Reports Strong Third Quarter 2026 Results; Raises Adjusted EBITDA Guidance
• Positive Sentiment: DT Midstream raised its 2026 adjusted EBITDA guidance to $1.185 billion-$1.225 billion and sanctioned approximately $400 million of new projects. The increased outlook and additional growth investments support expectations for stronger future cash flow. DT Midstream raises 2026 adjusted EBITDA guidance
• Positive Sentiment: The company declared a quarterly dividend of $0.88 per share, equivalent to $3.52 annually and a reported yield of approximately 2.8%. The dividend is payable January 15, 2027, to investors of record December 15. DT Midstream Declares Dividend
• Neutral Sentiment: Revenue was slightly below expectations. Third-quarter revenue totaled $336 million versus the $337.63 million consensus estimate. Management also narrowed its 2026 operating EPS outlook, making the earnings beat less clearly positive for investors.
• Negative Sentiment: US Capital Advisors reduced its FY2028 EPS forecast to $5.55 from $5.62, signaling somewhat lower expectations for longer-term earnings growth. DT Midstream analyst estimate update

About DT Midstream

DT Midstream, Inc (NYSE: DTM) is an independent North American energy company focused on the transportation, storage and gathering of natural gas. The company owns and operates interstate and intrastate pipeline systems, natural gas storage facilities, and gathering and processing infrastructure that connect producers with utilities, power generators, industrial customers and other energy markets.

DT Midstream’s operations are concentrated in the United States, including the Midwest, Northeast and Gulf Coast regions.