DT Midstream (NYSE:DTM) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of DT Midstream (NYSE:DTM) from a hold rating to a sell rating in a research report report published on Saturday.

Several other research analysts also recently weighed in on the stock. UBS Group lifted their target price on shares of DT Midstream from $152.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Morgan Stanley raised their price objective on shares of DT Midstream from $165.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. Raymond James Financial reiterated an “outperform” rating and set a $158.00 price objective on shares of DT Midstream in a research report on Thursday, April 30th. Mizuho cut their target price on shares of DT Midstream from $153.00 to $147.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, Barclays increased their target price on DT Midstream from $141.00 to $143.00 and gave the company an “equal weight” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $154.08.

DT Midstream Stock Up 1.0%

DTM stock opened at $138.13 on Friday. The firm’s 50-day moving average is $143.79 and its two-hundred day moving average is $137.80. The company has a market capitalization of $14.09 billion, a price-to-earnings ratio of 30.23, a price-to-earnings-growth ratio of 2.99 and a beta of 0.71. DT Midstream has a 52 week low of $99.81 and a 52 week high of $152.88. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.68.

DT Midstream (NYSE:DTM) last posted its quarterly earnings data 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). DT Midstream had a net margin of 35.72% and a return on equity of 9.61%. The company had revenue of $332.57 million during the quarter, compared to the consensus estimate of $325.84 million. During the same quarter 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, analysts forecast that DT Midstream will post 4.73 earnings per share for the current fiscal year.

DT Midstream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, September 21st. DT Midstream’s dividend payout ratio is currently 77.88%.

Institutional Investors Weigh In On DT Midstream

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DTM. Norges Bank bought a new position in DT Midstream in the 4th quarter worth approximately $115,715,000. Merewether Investment Management LP lifted its holdings in DT Midstream by 192.4% in the third quarter. Merewether Investment Management LP now owns 1,000,600 shares of the company’s stock valued at $113,128,000 after buying an additional 658,400 shares during the period. Clark Capital Management Group Inc. boosted its stake in DT Midstream by 414.2% in the fourth quarter. Clark Capital Management Group Inc. now owns 367,901 shares of the company’s stock valued at $44,030,000 after acquiring an additional 296,348 shares during the last quarter. Tortoise Capital Advisors L.L.C. boosted its stake in DT Midstream by 10.6% in the fourth quarter. Tortoise Capital Advisors L.L.C. now owns 2,980,945 shares of the company’s stock valued at $356,759,000 after acquiring an additional 285,770 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in DT Midstream by 838.1% during the 3rd quarter. Millennium Management LLC now owns 280,370 shares of the company’s stock worth $31,699,000 after acquiring an additional 250,483 shares during the period. Hedge funds and other 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: 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.