DT Midstream, Inc. (NYSE:DTM – Free Report) – Stock analysts at US Capital Advisors raised their Q1 2025 earnings per share estimates for DT Midstream in a report issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now expects that the company will post earnings of $1.01 per share for the quarter, up from their prior estimate of $0.99. The consensus estimate for DT Midstream’s current full-year earnings is $3.80 per share. US Capital Advisors also issued estimates for DT Midstream’s Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $1.15 EPS, FY2025 earnings at $4.17 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.11 EPS and Q4 2026 earnings at $1.27 EPS.
Other analysts also recently issued reports about the stock. The Goldman Sachs Group raised their target price on shares of DT Midstream from $74.00 to $94.00 and gave the stock a “sell” rating in a report on Thursday, December 19th. JPMorgan Chase & Co. raised their price objective on shares of DT Midstream from $109.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Wells Fargo & Company reduced their target price on shares of DT Midstream from $118.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday, February 28th. UBS Group started coverage on DT Midstream in a research note on Wednesday, March 12th. They issued a “buy” rating and a $102.00 price target on the stock. Finally, Stifel Nicolaus decreased their price objective on DT Midstream from $106.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $104.00.
DT Midstream Trading Down 2.2 %
NYSE DTM opened at $98.29 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.95 and a quick ratio of 0.95. The stock’s 50-day moving average is $99.65 and its 200-day moving average is $95.59. DT Midstream has a one year low of $59.03 and a one year high of $114.50. The firm has a market cap of $9.99 billion, a P/E ratio of 23.91 and a beta of 0.80.
DT Midstream Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 17th will be paid a $0.82 dividend. The ex-dividend date of this dividend is Monday, March 17th. This is a boost from DT Midstream’s previous quarterly dividend of $0.74. This represents a $3.28 annualized dividend and a dividend yield of 3.34%. DT Midstream’s dividend payout ratio (DPR) is currently 91.11%.
Insider Buying and Selling
In other DT Midstream news, Director Robert C. Skaggs, Jr. purchased 1,000 shares of DT Midstream stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average price of $86.92 per share, for a total transaction of $86,920.00. Following the completion of the acquisition, the director now owns 38,653 shares of the company’s stock, valued at approximately $3,359,718.76. This trade represents a 2.66 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Over the last three months, insiders have bought 1,170 shares of company stock worth $103,357. Insiders own 0.21% of the company’s stock.
Institutional Trading of DT Midstream
A number of hedge funds have recently made changes to their positions in the business. Blackstone Inc. increased its holdings in shares of DT Midstream by 2,783.1% during the 4th quarter. Blackstone Inc. now owns 1,631,285 shares of the company’s stock worth $162,199,000 after acquiring an additional 1,574,705 shares during the last quarter. Norges Bank acquired a new position in shares of DT Midstream in the fourth quarter valued at $119,520,000. FMR LLC raised its position in shares of DT Midstream by 1,476.9% in the third quarter. FMR LLC now owns 805,950 shares of the company’s stock valued at $63,396,000 after purchasing an additional 754,839 shares during the period. Zimmer Partners LP acquired a new stake in shares of DT Midstream during the 4th quarter worth about $74,572,000. Finally, Brookfield Corp ON boosted its holdings in shares of DT Midstream by 171.3% during the 3rd quarter. Brookfield Corp ON now owns 1,038,501 shares of the company’s stock worth $81,689,000 after buying an additional 655,695 shares during the period. 81.53% of the stock is owned by institutional investors and hedge funds.
DT Midstream Company Profile
DT Midstream, Inc, together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines.
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