Vestcor Inc Reduces Holdings in DT Midstream, Inc. $DTM

Posted by Geri Gentry on Jun 9th, 2026

Vestcor Inc cut its stake in shares of DT Midstream, Inc. (NYSE:DTM – Free Report) by 49.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,431 shares of the company’s stock after selling 9,056 shares during the quarter. Vestcor Inc’s holdings in DT Midstream were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in DT Midstream during the 4th quarter valued at about $28,000. Richardson Financial Services Inc. boosted its holdings in DT Midstream by 62.7% during the 4th quarter. Richardson Financial Services Inc. now owns 244 shares of the company’s stock valued at $29,000 after acquiring an additional 94 shares during the period. Centerpoint Advisors LLC boosted its holdings in DT Midstream by 198.9% during the 3rd quarter. Centerpoint Advisors LLC now owns 269 shares of the company’s stock valued at $30,000 after acquiring an additional 179 shares during the period. WFA of San Diego LLC purchased a new stake in DT Midstream in the 2nd quarter worth approximately $33,000. Finally, Geneos Wealth Management Inc. lifted its holdings in DT Midstream by 39.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 436 shares of the company’s stock worth $42,000 after buying an additional 123 shares during the period. 81.53% of the stock is currently owned by hedge funds and other institutional investors.

DT Midstream Stock Down 0.8%

DTM stock opened at $141.37 on Tuesday. DT Midstream, Inc. has a twelve month low of $98.06 and a twelve month high of $152.88. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.68. The firm has a market cap of $14.42 billion, a PE ratio of 31.28, a price-to-earnings-growth ratio of 3.11 and a beta of 0.72. The business has a 50 day moving average of $140.08 and a 200 day moving average of $131.19.

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 analysts’ consensus estimates of $1.11 by $0.16. DT Midstream had a return on equity of 9.53% and a net margin of 36.28%.The company had revenue of $336.00 million during the quarter, compared to analyst estimates of $313.65 million. During the same quarter last year, the company earned $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, research analysts forecast that DT Midstream, Inc. will post 4.75 EPS for the current fiscal year.

DT Midstream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. DT Midstream’s dividend payout ratio (DPR) is 77.88%.

Wall Street Analysts Forecast Growth

DTM has been the subject of several research analyst reports. Citigroup increased their price objective on DT Midstream from $156.00 to $169.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Mizuho increased their price objective on DT Midstream from $129.00 to $153.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Weiss Ratings upgraded DT Midstream from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday. Raymond James Financial reiterated an “outperform” rating and issued a $158.00 price objective on shares of DT Midstream in a report on Thursday, April 30th. Finally, The Goldman Sachs Group increased their price objective on DT Midstream from $111.00 to $127.00 and gave the stock a “sell” rating in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $154.46.

Get Our Latest Report on DT Midstream

DT Midstream Profile

(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.