Intech Investment Management LLC Sells 123,853 Shares of DT Midstream, Inc. $DTM

Intech Investment Management LLC reduced its holdings in shares of DT Midstream, Inc. (NYSE:DTM) by 84.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,421 shares of the company’s stock after selling 123,853 shares during the period. Intech Investment Management LLC’s holdings in DT Midstream were worth $2,803,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. NewEdge Wealth LLC grew its position in DT Midstream by 2.4% during the fourth quarter. NewEdge Wealth LLC now owns 3,613 shares of the company’s stock valued at $432,000 after acquiring an additional 85 shares during the last quarter. Covestor Ltd grew its position in DT Midstream by 11.2% during the fourth quarter. Covestor Ltd now owns 897 shares of the company’s stock valued at $107,000 after acquiring an additional 90 shares during the last quarter. 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 last quarter. Pathstone Holdings LLC grew its position in DT Midstream by 0.3% during the third 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 last quarter. Finally, ELCO Management Co. LLC grew its position in DT Midstream by 3.3% during the fourth 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 last quarter. 81.53% of the stock is currently owned by institutional investors.

DT Midstream Stock Performance

Shares of DTM stock opened at $141.47 on Wednesday. The stock has a fifty day moving average of $139.50 and a 200 day moving average of $130.22. DT Midstream, Inc. has a 52 week low of $98.06 and a 52 week high of $152.88. The firm has a market capitalization of $14.43 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 3.01 and a beta of 0.72. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.68.

DT Midstream (NYSE:DTM) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.11 by $0.16. The business had revenue of $336.00 million during the quarter, compared to analyst estimates of $313.65 million. DT Midstream had a return on equity of 9.53% and a net margin of 36.28%.During the same quarter last year, the firm posted $1.06 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. As a group, research analysts expect that DT Midstream, Inc. will post 4.75 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. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.52 annualized dividend and a yield of 2.5%. DT Midstream’s dividend payout ratio (DPR) is currently 77.88%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on DTM shares. Wells Fargo & Company raised their target price on shares of DT Midstream from $150.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Mizuho raised their target price on shares of DT Midstream from $129.00 to $153.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Raymond James Financial restated an “outperform” rating and issued a $158.00 target price on shares of DT Midstream in a report on Thursday, April 30th. Scotiabank started coverage on shares of DT Midstream in a report on Tuesday, May 26th. They issued an “outperform” rating and a $176.00 target price on the stock. Finally, Citigroup raised their target price on shares of DT Midstream from $156.00 to $169.00 and gave the stock a “buy” rating in a report on Monday, May 4th. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $154.46.

DT Midstream News Roundup

Here are the key news stories impacting DT Midstream this week:

• Positive Sentiment: US Capital Advisors raised earnings estimates across multiple periods for DT Midstream, including FY2026 to $4.86 EPS, FY2027 to $5.23 EPS, and FY2028 to $5.50 EPS, signaling expectations for stronger profitability ahead.
• Positive Sentiment: Scotiabank reiterated an Outperform rating and maintained a $176 price target, while also projecting FY2026 and FY2027 earnings above consensus, reinforcing a bullish outlook.
• Positive Sentiment: Broader midstream sector coverage highlighted robust natural gas backlogs and growing demand from LNG exports and power needs, including data centers, which supports long-term growth visibility for gas-focused pipeline companies like DT Midstream. Midstream: Robust Gas Backlogs Drive Growth Visibility
• Neutral Sentiment: The current wave of updates is focused on forward estimates rather than new company-reported results, so investors are reacting mainly to improving outlooks rather than fresh operating news.

DT Midstream Profile

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.