DT Midstream, Inc. (NYSE:DTM) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of DT Midstream, Inc. (NYSE:DTM) have received an average recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $150.75.

A number of analysts have commented on the stock. Weiss Ratings upgraded shares of DT Midstream from a “buy (b+)” rating to a “buy (a)” rating in a research note on Monday. Wall Street Zen upgraded shares of DT Midstream from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Stifel Nicolaus set a $137.00 price target on shares of DT Midstream and gave the company a “hold” rating in a research note on Monday, February 23rd. Jefferies Financial Group restated a “buy” rating and set a $166.00 price target on shares of DT Midstream in a research note on Friday, May 1st. Finally, The Goldman Sachs Group boosted their price target on shares of DT Midstream from $111.00 to $127.00 and gave the company a “sell” rating in a research note on Monday, April 20th.

Insider Buying and Selling

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

Institutional Trading of DT Midstream

Institutional investors have recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in shares of DT Midstream in the 4th quarter worth $28,000. Richardson Financial Services Inc. grew its stake in shares of DT Midstream by 62.7% in the 4th quarter. Richardson Financial Services Inc. now owns 244 shares of the company’s stock worth $29,000 after acquiring an additional 94 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of DT Midstream in the 4th quarter worth $30,000. Mather Group LLC. bought a new stake in shares of DT Midstream in the 3rd quarter worth $30,000. Finally, Centerpoint Advisors LLC grew its stake in shares of DT Midstream by 198.9% in the 3rd quarter. Centerpoint Advisors LLC now owns 269 shares of the company’s stock worth $30,000 after acquiring an additional 179 shares in the last quarter. Institutional investors own 81.53% of the company’s stock.

DT Midstream Stock Down 1.2%

DT Midstream stock opened at $144.65 on Thursday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.68. DT Midstream has a 12-month low of $98.06 and a 12-month high of $150.45. The firm’s fifty day moving average is $136.70 and its 200 day moving average is $125.56. The company has a market capitalization of $14.76 billion, a PE ratio of 32.00, a PEG ratio of 2.95 and a beta of 0.75.

DT Midstream (NYSE:DTM) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.16. The business had revenue of $336.00 million during 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 quarter in the previous year, the business posted $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. As a group, sell-side analysts predict that DT Midstream will post 4.76 EPS for the current fiscal year.

DT Midstream Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, June 15th. DT Midstream’s payout ratio is 77.88%.

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.