Blue Water Asset Management Invests $408,000 in DT Midstream, Inc. $DTM

Posted by Brenda Bartman on May 16th, 2026

Blue Water Asset Management acquired a new position in DT Midstream, Inc. (NYSE:DTM – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 3,406 shares of the company’s stock, valued at approximately $408,000.

Several other large investors have also recently modified their holdings of the stock. 59 North Capital Management LP increased its holdings in shares of DT Midstream by 49.0% in the third quarter. 59 North Capital Management LP now owns 3,074,081 shares of the company’s stock worth $347,556,000 after buying an additional 1,010,965 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of DT Midstream by 3.9% in the third quarter. Dimensional Fund Advisors LP now owns 2,668,447 shares of the company’s stock worth $301,695,000 after buying an additional 99,602 shares during the period. Merewether Investment Management LP increased its holdings in shares of DT Midstream by 192.4% in the third quarter. Merewether Investment Management LP now owns 1,000,600 shares of the company’s stock worth $113,128,000 after buying an additional 658,400 shares during the period. Northern Trust Corp increased its holdings in shares of DT Midstream by 1.7% in the third quarter. Northern Trust Corp now owns 914,538 shares of the company’s stock worth $103,398,000 after buying an additional 15,044 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of DT Midstream by 7.8% in the third quarter. JPMorgan Chase & Co. now owns 871,636 shares of the company’s stock worth $98,538,000 after buying an additional 63,438 shares during the period. Hedge funds and other institutional investors own 81.53% of the company’s stock.

DT Midstream Stock Down 0.1%

NYSE DTM opened at $147.91 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market capitalization of $15.09 billion, a PE ratio of 32.72, a PEG ratio of 2.96 and a beta of 0.75. DT Midstream, Inc. has a 1 year low of $98.06 and a 1 year high of $150.45. The business’s 50-day moving average is $137.57 and its 200 day moving average is $127.28.

DT Midstream (NYSE:DTM – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.16. The business had revenue of $336.00 million for the quarter, compared to analysts’ expectations of $313.65 million. DT Midstream had a return on equity of 9.53% and a net margin of 36.28%.During the same period in the previous year, the firm posted $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Sell-side analysts forecast that DT Midstream, Inc. will post 4.8 earnings per share for the current year.

DT Midstream Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on DTM shares. Stifel Nicolaus set a $137.00 price objective on DT Midstream and gave the stock a “hold” rating in a report on Monday, February 23rd. Morgan Stanley raised their target price on DT Midstream from $165.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Mizuho raised their target price on DT Midstream from $129.00 to $153.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Raymond James Financial reissued an “outperform” rating and issued a $158.00 target price on shares of DT Midstream in a research note on Thursday, April 30th. Finally, Citigroup raised their target price on DT Midstream from $156.00 to $169.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $152.67.

Read Our Latest Analysis on DTM

Insiders Place Their Bets

In other news, CFO Jeffrey A. Jewell acquired 185 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were acquired at an average cost of $136.33 per share, with a total value of $25,221.05. Following the transaction, the chief financial officer owned 89,583 shares in the company, valued at $12,212,850.39. The trade was a 0.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.54% of the company’s stock.

About DT Midstream

(Free Report)

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.