DT Midstream (NYSE:DTM – Free Report) had its price target decreased by Mizuho from $153.00 to $147.00 in a report issued on Friday,Benzinga reports. Mizuho currently has a neutral rating on the stock.
Several other research analysts also recently weighed in on the company. The Goldman Sachs Group boosted their price target on DT Midstream from $111.00 to $127.00 and gave the company a “sell” rating in a report on Monday, April 20th. Wall Street Zen upgraded DT Midstream from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Jefferies Financial Group set a $155.00 price objective on DT Midstream in a research report on Friday. Morgan Stanley upped their target price on DT Midstream from $165.00 to $170.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 12th. Finally, Citigroup increased their target price on DT Midstream from $156.00 to $169.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $154.08.
Check Out Our Latest Report on DT Midstream
DT Midstream Stock Performance
DT Midstream (NYSE:DTM – Get Free Report) last announced 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). The firm had revenue of $332.57 million for the quarter, compared to analysts’ expectations of $325.84 million. DT Midstream had a net margin of 35.72% and a return on equity of 9.61%. During the same period in the previous year, the company posted $1.04 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, equities analysts anticipate that DT Midstream will post 4.77 earnings per share for the current year.
DT Midstream Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $3.52 dividend on an annualized basis and a yield of 2.5%. DT Midstream’s dividend payout ratio (DPR) is currently 77.88%.
Institutional Trading of DT Midstream
Several institutional investors have recently made changes to their positions in DTM. V Square Quantitative Management LLC purchased a new position in shares of DT Midstream in the 4th quarter worth $28,000. Western Wealth Management LLC acquired a new position in DT Midstream in the first quarter valued at $32,000. Richardson Financial Services Inc. grew its position in DT Midstream by 62.7% during the fourth 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. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in DT Midstream during the fourth quarter valued at about $30,000. Finally, Commonwealth Retirement Investments LLC acquired a new stake in DT Midstream during the fourth quarter worth about $36,000. 81.53% of the stock is owned by hedge funds and other institutional investors.
More DT Midstream News
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.
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