PNC Financial Services Group Inc. Acquires 4,812 Shares of DT Midstream, Inc. $DTM

Posted by on May 28th, 2026

PNC Financial Services Group Inc. grew its holdings in DT Midstream, Inc. (NYSE:DTM – Free Report) by 48.0% during the 4th quarter, Holdings Channel reports. The firm owned 14,846 shares of the company’s stock after purchasing an additional 4,812 shares during the period. PNC Financial Services Group Inc.’s holdings in DT Midstream were worth $1,777,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. NewEdge Wealth LLC boosted its stake in shares of DT Midstream by 2.4% in the 4th quarter. NewEdge Wealth LLC now owns 3,613 shares of the company’s stock valued at $432,000 after purchasing an additional 85 shares during the last quarter. Richardson Financial Services Inc. raised its position in shares of DT Midstream by 62.7% in 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. Pathstone Holdings LLC raised its position in shares of DT Midstream by 0.3% in the 3rd quarter. Pathstone Holdings LLC now owns 28,322 shares of the company’s stock valued at $3,215,000 after acquiring an additional 97 shares during the period. ELCO Management Co. LLC raised its position in shares of DT Midstream by 3.3% in the 4th quarter. ELCO Management Co. LLC now owns 3,150 shares of the company’s stock valued at $377,000 after acquiring an additional 100 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC raised its position in shares of DT Midstream by 0.5% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 22,748 shares of the company’s stock valued at $2,722,000 after acquiring an additional 103 shares during the period. Institutional investors own 81.53% of the company’s stock.

DT Midstream Stock Performance

Shares of DTM stock opened at $145.40 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $14.83 billion, a P/E ratio of 32.17, a price-to-earnings-growth ratio of 3.05 and a beta of 0.75. The company’s 50 day moving average price is $139.23 and its two-hundred day moving average price is $129.67. DT Midstream, Inc. has a 52 week low of $98.06 and a 52 week high of $152.88.

DT Midstream (NYSE:DTM – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.11 by $0.16. The firm had revenue of $336.00 million for the quarter, compared to the consensus estimate of $313.65 million. DT Midstream had a net margin of 36.28% and a return on equity of 9.53%. During the same period last year, the company posted $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, analysts expect that DT Midstream, Inc. will post 4.7 earnings per share for the current fiscal year.

DT Midstream Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be issued a $0.88 dividend. The ex-dividend date is Monday, June 15th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.4%. DT Midstream’s dividend payout ratio (DPR) is 77.88%.

Analysts Set New Price Targets

DTM has been the topic of a number of analyst reports. Citigroup increased their price target on shares of DT Midstream from $156.00 to $169.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Jefferies Financial Group reiterated a “buy” rating and issued a $166.00 price target on shares of DT Midstream in a research report on Friday, May 1st. The Goldman Sachs Group increased their price target on shares of DT Midstream from $111.00 to $127.00 and gave the company a “sell” rating in a research report on Monday, April 20th. Barclays increased their price target on shares of DT Midstream from $141.00 to $143.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. Finally, Scotiabank initiated coverage on shares of DT Midstream in a research report on Tuesday. They issued an “outperform” rating and a $176.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $154.46.

Read Our Latest Stock Analysis 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.

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Institutional Ownership by Quarter for DT Midstream (NYSE:DTM)

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