DT Midstream, Inc. (NYSE:DTM – Free Report) – Analysts at US Capital Advisors raised their Q1 2025 EPS estimates for DT Midstream in a research 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 previous forecast 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.
A number of other brokerages have also recently weighed in on DTM. Wells Fargo & Company dropped their price target on DT Midstream from $118.00 to $108.00 and set an “overweight” rating for the company in a research report on Friday, February 28th. Bank of America began coverage on DT Midstream in a research note on Monday. They set a “buy” rating and a $110.00 price target on the stock. Barclays decreased their target price on shares of DT Midstream from $112.00 to $107.00 and set an “equal weight” rating on the stock in a research report on Friday, March 21st. The Goldman Sachs Group upped their price target on DT Midstream from $74.00 to $94.00 and gave the stock a “sell” rating in a research note on Thursday, December 19th. Finally, Raymond James increased their price objective on shares of DT Midstream from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 28th. 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $103.45.
DT Midstream Price Performance
DT Midstream stock opened at $100.52 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.95 and a current ratio of 0.95. DT Midstream has a one year low of $59.00 and a one year high of $114.50. The company has a market cap of $10.21 billion, a P/E ratio of 24.46 and a beta of 0.80. The business has a fifty day moving average of $99.86 and a two-hundred day moving average of $95.57.
Hedge Funds Weigh In On DT Midstream
Several large investors have recently bought and sold shares of the stock. Wellington Management Group LLP increased its holdings in shares of DT Midstream by 225.4% during the 3rd quarter. Wellington Management Group LLP now owns 145,556 shares of the company’s stock worth $11,449,000 after purchasing an additional 100,825 shares during the period. Friedenthal Financial bought a new position in DT Midstream during the fourth quarter valued at about $764,000. Truist Financial Corp acquired a new position in DT Midstream in the 4th quarter valued at approximately $771,000. Bridgewater Associates LP lifted its position in shares of DT Midstream by 57.6% in the 3rd quarter. Bridgewater Associates LP now owns 185,306 shares of the company’s stock worth $14,576,000 after acquiring an additional 67,725 shares during the period. Finally, State Street Corp grew its holdings in shares of DT Midstream by 6.4% during the 3rd quarter. State Street Corp now owns 3,385,579 shares of the company’s stock worth $268,757,000 after purchasing an additional 202,447 shares in the last quarter. 81.53% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other DT Midstream news, Director Robert C. Skaggs, Jr. purchased 1,000 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was bought at an average cost of $86.92 per share, for a total transaction of $86,920.00. Following the completion of the acquisition, the director now directly owns 38,653 shares in the company, valued at $3,359,718.76. This represents a 2.66 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have purchased 1,170 shares of company stock valued at $103,357. Insiders own 0.04% of the company’s stock.
DT Midstream Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 17th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend is Monday, March 17th. This is an increase from DT Midstream’s previous quarterly dividend of $0.74. DT Midstream’s dividend payout ratio is 91.11%.
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.
See Also
- Five stocks we like better than DT Midstream
- Using the MarketBeat Stock Split Calculator
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- How to Calculate Return on Investment (ROI)
- NVIDIA Insiders Sell: This Is What It Means for the MarketĀ
- Insider Trading – What You Need to Know
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for DT Midstream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DT Midstream and related companies with MarketBeat.com's FREE daily email newsletter.