WNY Asset Management LLC Invests $974,000 in DT Midstream, Inc. $DTM

WNY Asset Management LLC bought a new position in DT Midstream, Inc. (NYSE:DTM) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,234 shares of the company’s stock, valued at approximately $974,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DTM. Segall Bryant & Hamill LLC bought a new stake in DT Midstream during the first quarter worth approximately $418,000. Western Wealth Management LLC bought a new position in shares of DT Midstream in the first quarter valued at $32,000. Edgestream Partners L.P. increased its holdings in shares of DT Midstream by 1,501.5% in the first quarter. Edgestream Partners L.P. now owns 103,683 shares of the company’s stock valued at $13,963,000 after buying an additional 97,209 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of DT Midstream by 5.0% during the 1st quarter. Janus Henderson Group PLC now owns 46,270 shares of the company’s stock valued at $6,233,000 after acquiring an additional 2,200 shares during the last quarter. Finally, Amundi lifted its position in shares of DT Midstream by 114.4% during the 1st quarter. Amundi now owns 19,508 shares of the company’s stock valued at $2,627,000 after acquiring an additional 10,409 shares during the last quarter. 81.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DTM. The Goldman Sachs Group lifted their target price on DT Midstream from $111.00 to $127.00 and gave the stock a “sell” rating in a report on Monday, April 20th. Citigroup upped their target price on DT Midstream from $156.00 to $169.00 and gave the company a “buy” rating in a report on Monday, May 4th. JPMorgan Chase & Co. increased their price target on DT Midstream from $146.00 to $154.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Weiss Ratings raised DT Midstream from a “buy (a-)” rating to a “buy (a)” rating in a research note on Friday, July 24th. Finally, Raymond James Financial restated an “outperform” rating and set a $158.00 price objective on shares of DT Midstream in a report on Thursday, April 30th. One research 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 issued 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 a consensus target price of $154.08.

DT Midstream Trading Up 1.0%

DT Midstream stock opened at $138.13 on Friday. DT Midstream, Inc. has a 52 week low of $99.81 and a 52 week high of $152.88. 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 capitalization of $14.09 billion, a price-to-earnings ratio of 30.23, a P/E/G ratio of 2.97 and a beta of 0.71. The company has a 50 day moving average price of $143.79 and a 200 day moving average price of $137.80.

DT Midstream (NYSE:DTM) last announced its earnings results on Thursday, July 30th. The company reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.17 by ($0.08). The firm had revenue of $332.57 million for the quarter, compared to analyst estimates of $325.84 million. DT Midstream had a net margin of 35.72% and a return on equity of 9.61%. During the same period last year, the firm earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Research analysts forecast that DT Midstream, Inc. will post 4.77 EPS for the current year.

DT Midstream Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be issued 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 payout ratio is currently 77.88%.

Trending Headlines about DT Midstream

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.

About DT Midstream

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.