DT Midstream, Inc. (NYSE:DTM – Free Report) – Stock analysts at US Capital Advisors boosted their Q1 2025 EPS estimates for shares of DT Midstream in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $1.01 per share for the quarter, up from their previous estimate of $0.99. The consensus estimate for DT Midstream’s current full-year earnings is $3.80 per share. US Capital Advisors also issued estimates for DT Midstream’s Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $1.15 EPS, FY2025 earnings at $4.17 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.11 EPS and Q4 2026 earnings at $1.27 EPS.
Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. increased their target price on DT Midstream from $109.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Barclays dropped their price objective on DT Midstream from $112.00 to $107.00 and set an “equal weight” rating for the company in a research note on Friday, March 21st. Raymond James boosted their target price on shares of DT Midstream from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. Bank of America began coverage on shares of DT Midstream in a research report on Monday. They set a “buy” rating and a $110.00 target price for the company. Finally, Morgan Stanley boosted their price target on shares of DT Midstream from $92.00 to $105.00 and gave the company an “underweight” rating in a research report on Tuesday. Two analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, DT Midstream presently has a consensus rating of “Hold” and an average price target of $103.45.
DT Midstream Stock Down 0.5 %
Shares of DTM opened at $100.52 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.61. The company has a 50-day moving average price of $99.86 and a two-hundred day moving average price of $95.57. The stock has a market cap of $10.21 billion, a price-to-earnings ratio of 24.46 and a beta of 0.80. DT Midstream has a 12 month low of $59.00 and a 12 month high of $114.50.
Institutional Investors Weigh In On DT Midstream
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bessemer Group Inc. increased its stake in DT Midstream by 61.6% in the fourth quarter. Bessemer Group Inc. now owns 307 shares of the company’s stock valued at $30,000 after purchasing an additional 117 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of DT Midstream by 106.7% during the fourth quarter. AdvisorNet Financial Inc now owns 310 shares of the company’s stock worth $31,000 after purchasing an additional 160 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of DT Midstream by 93.7% during the 4th quarter. Sound Income Strategies LLC now owns 337 shares of the company’s stock valued at $34,000 after purchasing an additional 163 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of DT Midstream during the 3rd quarter valued at about $29,000. Finally, UMB Bank n.a. increased its stake in DT Midstream by 53.2% during the 4th quarter. UMB Bank n.a. now owns 481 shares of the company’s stock worth $48,000 after purchasing an additional 167 shares in the last quarter. Institutional investors own 81.53% of the company’s stock.
Insider Transactions at DT Midstream
In related news, Director Robert C. Skaggs, Jr. purchased 1,000 shares of DT Midstream stock in a transaction dated Monday, March 10th. The shares were acquired at an average cost of $86.92 per share, for a total transaction of $86,920.00. Following the transaction, the director now directly owns 38,653 shares of the company’s stock, valued at approximately $3,359,718.76. This trade represents a 2.66 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders acquired a total of 1,170 shares of company stock worth $103,357 in the last quarter. 0.04% of the stock is owned by company insiders.
DT Midstream Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 17th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Monday, March 17th. This is a positive change from DT Midstream’s previous quarterly dividend of $0.74. DT Midstream’s dividend payout ratio is 91.11%.
About DT Midstream
DT Midstream, Inc, together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines.
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